Company Overview
Snapshot
Founded in June 2017 by Alon Zamir and Ofir Steinberg, Quick operates with 51–200 employees. The company has raised $40.6M across three funding rounds from four investors. Quick went public on TASE in March 2021, raising $27M at a $90M valuation.
Business overview
Quick is an online supermarket that provides delivery services, guaranteeing delivery within four hours with no delivery charges. The company's core model involves partnerships with local supermarkets to fulfill customer orders. Quick operates within the Retail Platforms sector, focusing on e-Commerce Tools and Web platforms to serve consumers in the online shopping and delivery market, primarily in Israel.
Strategic signal
In March 2022, Electra Consumer Products acquired online retailer Quick. This acquisition indicates a strategic consolidation within the retail sector, with a larger established player integrating an online delivery service to enhance its digital footprint and market reach. For investors, this signals a potential shift in Quick's operational strategy and market positioning under new ownership, likely aiming for increased efficiency and broader consumer access.
Log in to access full profile ›Company Intelligence Q&A
- When did Quick go public?
- Quick became public on TASE in March 2021, raising $27M.
- Who acquired Quick?
- Electra Consumer Products acquired Quick in March 2022.
- Which investors participated in Quick's June 2019 funding round?
- In June 2019, Quick received investment from The Central Bottling Company and Union Tech Ventures.
- When was Quick founded and by whom?
- Quick was founded in June 2017 by Alon Zamir and Ofir Steinberg.
- What was a significant early investment in Quick?
- In October 2018, SuperPharm invested in Quick during a Seed funding round, as reported by Calcalistech.com.