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- PICNIC
PICNIC Valuation, Funding & Investors
PICNIC is valued at $1.5B as of July 2021.
Last PICNIC valuation
$1.5B
Series A · Jul 2021
Last PICNIC funding round
$4M
Series A · Jul 2021
Cumulative funding PICNIC raised
$4M
across 1 funding round
About PICNIC
Amsterdam-launched in 2006, PICNIC acts as a European incubator and accelerator fostering cross-industry collaborations on technology applications for business, social, and environmental challenges through events and informal networking.
Founded
2006
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$1.5B (Jul 2021)
Sectors
PICNIC Valuation
PICNIC is currently valued at $1.5B, based on its Series A in July 2021.
PICNIC valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2021 | Series A | $1.5B |
PICNIC Funding History
PICNIC has raised a total of $4M across 1 funding round.
PICNIC funding rounds
| Date | Stage | Raised | Valuation | Deal Summary |
|---|---|---|---|---|
| Jul 2021 | Series A | $4M | $1.5B | Picnic is an online grocery delivery startup based in Amsterdam, Netherlands, founded in 2015, that uses AI for logistics optimization. The company has over 2000 employees and operates in the e-commerce category. In a Series funding round, Picnic raised $383M led by Bill Gates with participation from HPE Growth, achieving a $1.5B valuation. Funds were allocated to accelerate product development, expand the team, and scale operations globally. |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPICNIC Competitors
PICNIC competitors include listed companies like ICF International, SMS and Ipsos, and private ones like Mu Sigma, Opry and Matchroom.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $200M | - | $1.5B | 7.5x | ||
| Publicly listed | $1.9B | $201M | $1.6B | 1.1x | ||
| Private | - | - | $1.4B | - | ||
| Publicly listed | $416M | ($63M) | $1.4B | 3.2x | ||
| Private | - | - | $1.6B | - | ||
| Publicly listed | $2.9B | $429M | $1.7B | 0.7x |
PICNIC Public Comps
PICNIC is still privately-owned, but its public comps include ICF International, SMS, Everforth, Ipsos, Pursuit, PVR INOX, Clarivate, MLP, Charles River Associates and Grupo CIE.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.9B | $201M | 1.1x | 1.1x | 10.5x | 10.0x | |||
| $416M | ($63M) | 3.3x | 3.2x | (21.9x) | 19.9x | |||
| $4B | $344M | 0.7x | 0.7x | 7.7x | 6.7x | |||
| $2.9B | $429M | 0.7x | 0.7x | 4.8x | 4.5x | |||
| $452M | $110M | 3.6x | 3.4x | 14.7x | 12.6x | |||
| $689M | $225M | 2.8x | 2.7x | 8.7x | 8.3x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $1.2B | $136M | 3.9x | 3.7x | 34.9x | 29.6x | |||
This data is available for Pro users. Sign up to see all PICNIC competitors and their valuation data. Start Free Trial | ||||||||
Common questions about PICNIC
| When was PICNIC founded? | PICNIC was founded in 2006. |
| Where is PICNIC headquartered? | PICNIC is headquartered in Amsterdam, Netherlands. |
| Is PICNIC publicly listed? | No, PICNIC is a private company. |
| What is PICNIC's valuation? | PICNIC was last valued at $1.5B in its Series A in July 2021. |
| How much funding has PICNIC raised? | PICNIC has raised $4M across 1 funding round. |
| What was PICNIC's last funding round? | PICNIC's last funding round was a $4M Series A in July 2021. |
| Which companies are comparable to PICNIC? | Companies comparable to PICNIC include Mu Sigma, ICF International, Opry, SMS, Matchroom and Ipsos. |
See companies similar to PICNIC
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