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European Startup Delivery Hero Raises $49M

By TechTaffy Desk

[Techtaffy Newsdesk]

Berlin-based online food ordering marketplace Delivery Hero has raised a $49 million round of financing from Kite Ventures, Kreos Capital and other existing investors. The 21-month-old online food delivery company has raised a total of $98.4 million in financing so far.

Delivery Hero companies have  provided more  than 32 million meals from the 22,000 restaurants across its global network, which operates in Germany, UK, Sweden, Finland, Poland, Austria, Switzerland, Russia, Australia, Mexico and South Korea.

Delivery Hero is a worldwide network of online food ordering sites, launched in 2010. Delivery Hero operates in Sweden, Finland, Poland, Austria, Germany, UK , Russia, Australia, Switzerland, South Korea and Mexico. Delivery Hero has more than 400 employees around the world – with 250 staff working from its Berlin headquarters.

Delivery Hero investors include ru-Net, Tengelmann Ventures, Kite Ventures, Holtzbrinck Ventures, Point Nine Capital and Team Europe.

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