Revoolt, Transforming last-mile food logistics in Spain
Investment Date
Dec 2021
Fund
GSIF Spain
Asset class
Equity (minority stake)
Operating in
Spain (12 cities)
Website
Revoolt combines smart logistics technology, a zero-emission delivery fleet, and a fully employed rider model to bring a new standard of sustainability and fairness to urban food distribution, improving air quality while creating dignified, stable jobs.
The Challenge
Spain’s last-mile delivery sector has expanded rapidly with the rise of e-commerce, particularly in grocery and prepared food segments.
According to OECD and EU data, transporting goods within cities generates up to 30% of traffic and a substantial share of CO₂ emissions. At the same time, digital delivery platforms often fail to provide secure, protected jobs, deepening social inequalities.
However, this growth has exposed two major gaps:
Environmental Impact
Urban delivery fleets significantly contribute to CO₂ emissions and traffic congestion, affecting air quality and public health
Labor Precarity
Most last-mile couriers work under precarious gig contracts without job security, stable income, or access to social benefits
The Solution
The Impact
Revoolt delivers tangible impact on both the social and environmental fronts:
71%
of employees come from vulnerable groups
including long-term unemployed, immigrants, and young people
100%
of riders
have permanent contracts
Over 40%
employee retention
surpassing the industry average
Over 708,000
eco-deliveries completed
462
tons of CO₂ emissions
saved since launch
Why we invested
- Structural market growth:
Rapid rise of e-commerce grocery delivery and urban logistics, with clear sustainability and labor challenges. - Differentiated model:
Zero-emission last-mile fleet, proprietary operational software for smart operations, and permanent contracts for all couriers. - B2B focus with major food retailers: A scalable and replicable model across multiple cities.
- Solid business plan:
National and international expansion, deployment of urban microhubs, and commercialization of its SaaS platform (Coded Mile). - Strong social and environmental outcomes:
Stable, quality employment, reduction of urban emissions, and improved logistics efficiency in the food sector.
GSI’s role
Together, we are reshaping urban logistics for a cleaner, more inclusive future.
With GSI’s support, Revoolt is:
Scaling nationwide
Purchases and reducing reliance on expensive debt
Strengthening
Its tech platform
Becoming
Spain’s reference in zero-emission, fair-wage urban delivery
“We set out to prove that last-mile delivery can be efficient, sustainable, and fair. Every zero-emission delivery and every stable job is part of that misión, and GSI’s support is helping us take it further and faster.”
Ángel Sánchez
CEO of Revoolt