Deliveroo

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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 June 2014, Deliveroo raised a £2.75M Series A investment round from Index Ventures and Hoxton Ventures, as well as an assortment of angel investors.[1]

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.[2] 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 [3]

Deliveroo's main competitors are Just Eat, GrubHub, and Hungryhouse.[3] 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

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