5 years ago

Deliveroo Raises $180 Million in Series H Funding, Eyes IPO

  • Deliveroo, a UK-based online food delivery platform, has raised $180 million in a Series H funding round, bringing its valuation to over $7 billion

  • The investment was led by Durable Capital Partners LP and Fidelity Management & Research Company LLC

  • The company plans to use the funding to expand its grocery delivery service, subscription service, and delivery-only kitchen concept

  • Deliveroo is also looking to go public this year, with a potential listing expected around April.

      • ProblemFood & Beverage

      "Restaurants need effective ways to reach customers online and offer delivery services to remain competitive."

      Solution

      "Deliveroo provides a platform for restaurants to access a large customer base and manage online orders, delivery logistics, and expand their reach."

      Covered on