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Kagan Sumer

CEO & Founder, Gorillas

Search every verified Kagan Sumer interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Kağan Sümer, CEO and founder of the instant delivery service Gorillas, discussed the company's growth and strategy in a May 2022 interview. He stated that Gorillas had reached an approximately $800 million revenue run rate and that two metropolises were generating operating profits. Sümer described the company's approach as prioritizing values such as being "bold" and "authentic," citing a UK skydiving marketing campaign that had low return on investment but aligned with those values. He noted that Gorillas had given a $1 million bonus to riders and operational crew after reaching unicorn status. Sümer also addressed challenges, including a bank's accusation of money laundering related to transfers to Lebanon, which he said led to the cancellation of his visa process. He argued that immigrant entrepreneurs who create employment and foreign investment deserve more government attention. Commenting on the broader market, Sümer said that a period of Federal Reserve money injection had created "greed and super-high valuations," which he predicted would be replaced by a focus on legitimate profitable businesses. He forecast that a "natural selection" among delivery players would leave three or four prominent companies.

Recent appearances

  • Technology-Led Healthcare | Tech.eu Summit London 2024

    Cameron McLain, Co-Founder and Managing Partner @Giant Ventures Dag Larsson, Co-Founder and CEO @Doccla Julia Hawkins, General Partner @LocalGlobe and Latitude Kagan Sumer, Former Founder @Gorillas Tech.eu Social Media Accounts Twitter ► /   / tech_eu   Instagram ► /   / techdoteu   Facebook ► /   / tech.eu   Linkedin ► /   / tech-eu   Tech.eu: European Startups, Funding and Technology News For all news; https://tech.eu/

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  • Kagan Sümer & Philipp Westermeyer: The Gorillas Story

    Kağan Sümer in conversation with Philipp Westermeyer about the Gorillas Story. Kağan Sümer is CEO and founder of Gorillas, Europe's leading instant on-demand delivery service. Early in his consulting career and after a life-changing bike ride, Kağan envisioned a world where grocery shopping would be radically faster and much more convenient, and so Gorillas was born in May 2020. In just two years, Kağan and his team have taken the grocery industry by storm, hiring more than 15,000 employees worldwide and expanding into 60 cities in 9 countries. --- Subscribe to our OMR YouTube channel: ht…

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  • KAGAN SÜMER: How Gorillas became a unicorn in less than 12 months (OMR Podcast #352)

    Philipp Westermeyer has hosted many entrepreneurs on the OMR Podcast. So when he already crowns the business story of the year in January 2021, there must be a truly extraordinary story behind it. And that's the case with Gorillas: The startup delivers supermarket items within ten minutes for 1.80 euros. How it managed to raise 36 million euros from investors with this model, and how the whole thing is supposed to work economically in the long term – that's what founder Kağan Sümer explains in his first podcast appearance on the OMR Podcast. 🎧 The OMR Podcast with Philipp Westermeyer is avail…

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  • Uber, JustKitchen, Gorillas Execs on Instant Food Delivery

    Raj Beri, VP, Grocery and New Verticals, Uber; Jason Chen, Co-Founder, President and CEO, JustKitchen; Kagan Sumer, CEO and Founder, Gorillas discussed with Bloomberg's Jackie Davalos at the Bloomberg Technology Summit the booming instant food delivery market and their views on what this sector will look like in a few years from now.

    Watch on YouTube ↗

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