Like taxi app Uber, which was stripped of its London operating license on Friday, Deliveroo has been criticized by unions that say it is exploiting staff by not offering basic protections. The company has raised $474.6 million since it's founding in 2012, according to venture funding data from Crunchbase.
"There is a lot of room to rethink how we eat," said Martin Mignot, a partner at venture capital firm Index Ventures, which has invested in four previous Deliveroo funding rounds. Existing investors DST Global, General Catalyst, Index Ventures and Accel Partners are also making follow-on investments, increasing their positions in the company, Deliveroo said. Rowe Price Associates and Fidelity Management & Research, the company said. The new investment in Deliveroo is led by funds associated with T. It's closest rival is the Foodora unit of Germany's Delivery Hero. He declined to comment on its next expansion moves.īesides Britain, where it operates in 60 cities and towns, it also offers food delivery in eight European countries, Australia, Hong Kong and the United Arab Emirates. The number of Deliveroo locations has risen by 60 percent over the past year and it now operates in more than 150 cities in 12 countries, a spokesman said. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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