Deliveroo

Deliveroo
Industry Online food ordering
Founded 2013
Headquarters Soho, London, UK
Key people
Will Shu and Greg Orlowski

Deliveroo is a British online food delivery company that has operations in the UK, the Netherlands, France, Germany, Belgium, Ireland, Spain, Italy, Dubai, Australia, Singapore & Hong Kong.

Orders are placed through the Deliveroo website and then self-employed bicycle or motorcycle couriers transport orders from restaurants to customers.

Business

In January 2015, Roofoods Ltd, doing business as Deliveroo, received $25 million in Series B funding largely from Index Ventures, Hummingbird Ventures and Hoxton Ventures at an estimated valuation of $100 million.[1] At this time Deliveroo was providing deliveries for approximately 750 restaurants.

In July 2015, it secured a further $70 million in Series C investment from Index Ventures and Greenoaks Capital. That was Deliveroo's third funding round in a year. In November, Deliveroo raised $100 Million in Series D Funding [2]

Deliveroo's main competitors are Zomato, Just Eat, GrubHub, and Hungryhouse.[2] Unlike its competitors, Deliveroo provides the delivery service as well as marketing and order taking, allowing it to provide food from restaurants that do not normally offer a delivery service.

References

  1. Chapman, Lizette (29 January 2015). "Food-Delivery Startup Deliveroo Picks Up $25 Million in Series B Funding". Daily Telegraph. Retrieved 18 September 2015.
  2. 1 2 Davidson, Lauren (23 November 2015). "Deliveroo raises $100m". Tech Crunch. Retrieved 23 November 2015.
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