Failed 2024
Flink
Another quick commerce casualty: $750M couldn't make 10-minute grocery delivery profitable in Europe.
Founded → Closed
2020 → 2024
Funding Raised
$750M
Industry
Quick Commerce/Grocery
Country
Germany
IdeaProof AI Failure Score
75/100
Market Fit Risk
50
Burn Rate Risk
90
Founder Risk
25
Full Analysis
Flink was a Berlin-based quick commerce startup that raised $750M to deliver groceries in 10 minutes across European cities. Like its competitors Gorillas and Getir, Flink burned cash on dark stores, rider fleets, and customer subsidies without achieving positive unit economics. The company was effectively acquired by Getir in 2024 as part of the quick commerce consolidation, at a fraction of its peak valuation.
Could This Failure Have Been Prevented?
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