10 years ago

Deliveroo Dishes Out $70 Million to Expand its On-Demand Food Delivery Empire

  • Deliveroo, a UK-based on-demand food delivery startup, has raised $70 million in a Series C round led by Greenoaks Capital and Index Ventures

  • The funding will fuel Deliveroo's international expansion plans, particularly across Europe, the Middle East, and Asia

  • The company differentiates itself by focusing on premium restaurants and building its own logistics platform for efficient delivery.

      • ProblemTechnology

      "Restaurants that traditionally don't offer take-out services have difficulty getting their food to customers who want to enjoy it at home."

      Solution

      "Deliveroo connects premium restaurants with customers, offering on-demand food delivery from these restaurants, and handles the logistics of delivery using a fleet of drivers and cyclists. Deliveroo also provides a logistics platform for restaurants."

      Covered on