Deliveroo Lands a Giant $100M Funding Splash
London‑based Deliveroo, the foodie delivery startup that’s been turning kitchen‑delays into table‑turns, just closed a Series D round worth a cool $100 million.
Who’s Backing the Bite‑Tech Boom?
- DST Global and Greenoaks Capital spearheaded the money‑making.
- Existing investors, Accel, Hummingbird Ventures, and Index Ventures, also chipped in.
What Did the Cash Do?
Since its 2013 launch, Deliveroo has hooked up with more than 2,000 restaurants that traditionally had no take‑away option. The fresh funds will help the app:
- Push further into Dubai, Singapore, Hong Kong and Sydney—already a $70 million kickoff in the summer.
- Boost delivery speed, menu variety, and tech upgrades for hungry users.
Crunchy Numbers
In total, Deliveroo has garnered $200 million across four funding rounds since its bootstrap launch.
CEO’s Take
Co‑founder William Shu said: “We’re seeing crazy demand because customers want premium meals fast and restaurants craving fresh revenue streams. Watching the biz leap from London to the capitals of Europe and the hottest spots in Asia‑Pacific and the Middle East is simply phenomenal.”
Bottom Line: The Fast‑Food Future
With this new cash infusion, Deliveroo is sharpening its competitive edge and aiming to keep the food coming—quick, quality, and kleptographically (just kidding, figuratively) all at once.
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