Deliveroo: Restaurant home delivery app raises $100m investment from DST Global and Greenoaks Capital as it looks to expand in Asia and Australia
Deliveroo, the app which delivers meals from restaurants to your door, has raised $100m (£66m) to fund further expansion.
Deliveroo today launches in Dubai, Hong Kong, Singapore, Melbourne and Sydney, thanks to $70m raised during the summer. It only launched internationally in April with locations in Paris and Berlin.
This latest funding round, a series D investment, was led by DST Global, an investment firm which focuses on internet companies, and Greenoaks Capital. Existing investors Accel, Hummingbird Ventures and Index Ventures were also involved.
Read more: Investors pump £1bn into London's tech sector in 2015
It is Deliveroo’s fourth round of investment in two years, which has raised $200m so far.
The app, which was launched in 2013 in London, partners with restaurants which do not traditionally offer takeaway, and works with more than 2,000 restaurants, including Dishoom, Wagamama, Gaucho, and Michelin-starred Trishna.
William Shu, co-founder and chief executive of Deliveroo, said:
We’ve experienced extraordinary demand for our service as consumers want high-quality food delivered quickly and restaurants seek a new significant source of revenue.
It’s been phenomenal to see the business quickly expand from London to European capitals and some of the most exciting cities in Asia Pacific and the Middle East.