Are you a foodie who enjoys the convenience of ordering your favorite meals from the comfort of your home? Then, get ready to hear some exciting news! Deliveroo has announced that it has raised $180M in new funding from actual investors led by Durable Capital Partners and Fidelity Management at an incredible valuation of $7B. This remarkable achievement is not only a testament to Deliveroo’s popularity but also highlights its commitment to providing quality food delivery services worldwide. In this blog post, we’ll dive into the details behind this impressive milestone and what it means for the future of online food delivery. So buckle up and let’s explore together!
Deliveroo raises $180M in new funding
Deliveroo has raised $180M in new funding from investors led by Durable Capital Partners and Fidelity Management at a $7B valuation, according to the Financial Times. This latest round of funding comes as Deliveroo looks to expand its operations globally and build out its food delivery platform. The company has been growing rapidly in recent years, and this new infusion of capital will help it continue to scale its business.
Durable Capital Partners and Fidelity Management lead the investment round
Deliveroo has raised $180M in new funding from investors led by Durable Capital Partners and Fidelity Management at a $7B valuation, according to the Financial Times. The new funding round values Deliveroo at $7B, up from its previous valuation of $5.5M.
The investment round was led by Durable Capital Partners and Fidelity Management, with participation from other investors including T Rowe Price, Greenoaks Capital, and DST Global. This latest round of funding brings Deliveroo’s total raised to date to over $1B.
With this new funding, Deliveroo plans to continue expanding its operations globally and investing in new technology and features to improve the food delivery experience for both customers and restaurants.
Valuation at $7B
Deliveroo, the London-headquartered food delivery company, has raised $7 billion in new funding from actual investors led by Durable Capital Partners and Fidelity Management. The new funding values Deliveroo at $7 billion.
The new funding will be used to help Deliveroo expand its operations and business in the UK and internationally. The company plans to use the new funding to invest in technology and innovation, grow its team, and build new partnerships.
This latest round of financing comes as Deliveroo faces increasing competition from Uber Eats, Just Eat, and others in the food delivery market. However, with its strong position in the UK market and expanding international operations, Deliveroo is well-positioned to compete in this rapidly growing market.
Tim Bradshaw reports for Financial Times
1. Tim Bradshaw reports for Financial Times that Deliveroo has raised $180M in new funding from actual investors led by Durable Capital Partners and Fidelity Management at a $7B valuation.
2. This latest round of funding takes Deliveroo’s total to date to over $1B, making it one of the most well-funded startups in Europe.
3. The new funds will be used to help Deliveroo expand its operations and services in the UK and abroad.
4. This latest investment values Deliveroo at $7B, which is a significant increase on its last valuation of $700M just six months ago.
5. Tim Bradshaw notes that this latest round of funding is yet another example of the deep pockets of Deliveroo’s investors, who are willing to back the company heavily as it continues to grow.
Conclusion
With the new funding of $180M from a group of actual investors, Deliveroo has been able to raise its valuation to an impressive 7 billion dollars. This will no doubt help them expand their operations and provide users with faster and more reliable delivery services. With this infusion of capital, it looks like Deliveroo is well-positioned to become one of the leading food delivery companies in the world.
