British food delivery startup Deliveroo raises $275M in funding

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British food delivery startup Deliveroo raises $275M in funding

British food delivery startup Deliveroo raises 5M in funding

Deliveroo, a food delivery service that is facing competition from UberEats in Europe, raised $275 million in ****** E funding, the startup an**unced Friday.*

Launched in 2013, Deliveroo delivers slightly upscale restaurant food along with *******, breakfast and large corporate orders. The service handles the logistics of delivery for restaurants, helping boost their sales for a flat fee.*

Since its launch, the London-based startup has raised $475 million. It's currently in 84 cities throughout Europe, Australia, Hong Kong, Singapore and the United Arab Emirates.*

Its most recent funding round was led by Bridgepoint, the UK's largest private equity group, along with prior investor DST Global, US-based General Catalyst and existing investor Gree**aks Capital.* Read more...

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