| Founded | 2021 |
|---|---|
| Closed | 2023 |
| Country | Mexico |
| Sector | Ecommerce |
| Total raised | $430M (Series B, 2021) |
| Collapse type | Sudden Collapse |
| Founder | Ralf Wenzel |
Jokr
"German-founded quick commerce startup that raised $430M and launched simultaneously in New York, Mexico City, Bogotá, and Lima — shut down all operations in 2023 when q-commerce economics collapsed globally."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Jokr was founded in 2021 by Ralf Wenzel, a German entrepreneur previously at Deliveroo, and rapidly raised $430M from Tiger Global, Balderton Capital, and other top-tier investors — one of the fastest fundraises in startup history.
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