What is Gelato?
Gelato operates the world's largest network of printers and logistics providers, enabling the production of personalized print products across 33 countries and reaching over 5 billion people. By leveraging shorter delivery distances, Gelato ensures faster and more sustainable order fulfillment for its global clientele. The company meticulously selects print partners based on production excellence and professionalism, integrating technology to enhance their efficiency. This symbiotic relationship fuels Gelato's technological advancements with valuable printing insights. Its initial venture, Optimalprint, achieved rapid success selling personalized greeting cards throughout Europe and has since evolved into a photo-product business operating in 23 countries. The extensive order volume processed through Gelato's network has refined its production workflow technology and perfected product quality, as evidenced by positive customer feedback on platforms like Trustpilot.
How much funding has Gelato raised?
Gelato has raised a total of $260M across 2 funding rounds:
Other Financing Round
$20M
Other Financing Round
$240M
Other Financing Round (2018): $20M with participation from SEB Pension Fund
Other Financing Round (2021): $240M led by SoftBank Group and Insight Partners
Key Investors in Gelato
SoftBank Group
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, artificial intelligence, smart robotics, IoT, and clean energy technologies. Through its diverse portfolio of companies and strategic investments, including leading semiconductor IP providers, SoftBank Group supports the development and scaling of transformative technologies worldwide.
Insight Partners
GO is a private platform purpose-built for Insight Partners' portfolio company leaders. GO unifies our 500+ software portfolio companies to foster connections, strengthen leadership, expand their brain trust, and provide support as they scale.
SEB Pension Fund
Undisclosed investor participating in the funding round.
What's next for Gelato?
The substantial enterprise-level funding Gelato has attracted, particularly the recent major strategic investment, signals a clear trajectory towards scaling its global operations and further technological innovation. This capital infusion is likely to be directed towards expanding its network of print partners, enhancing its proprietary technology for both production efficiency and customer experience, and potentially entering new geographic markets. The company's focus on sustainability and localized production, combined with its robust technological infrastructure, positions it favorably to capitalize on the growing demand for personalized, on-demand print products worldwide. Future growth will likely involve deepening relationships with existing partners and strategically acquiring new ones to maintain its market leadership.
See full Gelato company page
