Deliveroo raises $100m

Also participating in the round were existing investors Accel, Hummingbird Ventures and Index Ventures.

The latest funding round comes as Deliveroo launches in Dubai, Hong Kong, Singapore, Melbourne and Sydney, marking the company's first expansion outside of Europe.

Deliveroo will use this latest cash injection to further its international growth and continue its marketing activities.

Previous funding
Deliveroo first received backing in June 2014, with Index leading a £2.75m series-A round, with participation from Hoxton Ventures.

In January 2015, Accel led a $25m series-B investment in the company, with Index, Hoxton and Hummingbird also participating.

Deliveroo then raised a $70m series-C round in July this year, led by Greenoaks and Index, with involvement from Hoxton and Accel.

Company
Founded in 2013 and based in London, Deliveroo enables users to order meals from high-end restaurants and have them delivered to their homes. Customers select their order through Deliveroo's app or website and meals are typically delivered by Deliveroo's drivers within 30 minutes.

Deliveroo claims it can utilise its restaurant partners' excess kitchen capacity to generate an increase of 30% or more in revenue. The company currently counts 5,000 restaurant partners worldwide.

Deliveroo is currently active in 50 cities across 12 countries.

People
William Shu is the co-founder and CEO of Deliveroo. Yuri Milner is the founder of DST Global.

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• Topics
• UK / Ireland
• Expansion
• Consumer
• Index Ventures
• Accel Ventures
• Venture