10 years ago
Deliveroo Raises $100M Series D to Fuel International Expansion
Deliveroo, a London-based on-demand delivery service for restaurants, has raised $100 million in Series D funding led by DST Global and Greenoaks Capital
This brings Deliveroo's total funding to approximately $200 million since its founding in 2012
The company is also announcing its expansion beyond Europe to Asia, Australia, and the Middle East, with operations in Hong Kong, Singapore, Melbourne, Sydney, and Dubai
Deliveroo is now active in 50 cities across 12 countries, and the new investment will be used for further international expansion.
ProblemTechnology
"Ordering takeaway food from your favourite restaurants can be a pain. You have to call up, wait on hold, and then hope they deliver to your area. It's also difficult to find out what's available in your area, and you can't always trust the online menus."
Solution
"Deliveroo is a platform that allows users to order food from a wide range of restaurants that don't traditionally offer delivery. The company partners with restaurants and delivers food directly to customers' doors, providing a convenient and reliable way to order takeaway."