Delivery Hero, a Berlin, Germany-based global provider of online and mobile food ordering technology for restaurants and consumers, raised $88m in Series E financing.
The round, which brought the total amount raised by Delivery Hero close to $200m, was led by Insight Venture Partners.
The company intends to use the funds to expand its position in its existing markets.
Delivery Hero provides online and mobile ordering capability for more than 55,000 restaurants in 14 countries including Germany, Sweden, UK, Korea, China and India.
Led by Niklas Östberg, CEO, Delivery Hero is a worldwide network of online food ordering sites with over 55,000 restaurants connected to its
service. The company operates in Germany, UK, Sweden, Finland, Poland, Austria, Denmark, Russia, Australia, Switzerland, South Korea, China, Mexico and India. It has more than 700 employees around the world with 300 staff working from its Berlin headquarters and is continuing to hire.
Investors include Insight Venture Partners, Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital
and Phenomen Ventures.