Deliveroo, a London, UK-based online food delivery company, raised $385m in new funding.
The round – which values the company at over $2 billion – was led by T. Rowe Price Associates Inc and Fidelity Management & Research Company with participation from existing investors DST Global, General Catalyst, Index Ventures, and Accel Partners.
The company intends to use the funds to invest in its Editions program of delivery-only kitchens, grow its technology team, and expand into new towns, cities and countries.
Founded in 2013 by William Shu and Greg Orlowski, Deliveroo is a food delivery service company which partners with restaurants and drivers across 12 countries, including Australia, Belgium, France, Germany, Hong Kong, Italy, Ireland, Netherlands, Singapore, Spain, United Arab Emirates and the United Kingdom.
FinSMEs
25/09/2017