Deliveroo has raised $575 million in a series G round of funding led by Amazon, taking its total funding to $1.5 billion since 2012.
London-headquartered food delivery company Deliveroo has raised $575 million in a series G round of funding led by Amazon, with participation from T Rowe Price, Fidelity Management and Research Company, and Greenoaks.
This takes the company’s total funding to more than $1.5 billion since its inception in 2012. Though the company hasn’t revealed a valuation at this round, we do know it was valued at more than $2 billion at its series F round back in 2017, so the company was already comfortably into unicorn territory before this latest cash injection.
Deliveroo is a similar proposition to UberEats, insofar as it provides the transport infrastructure for restaurants of any size to offer customers delivery — it saves them from having to hire their own drivers directly.
