Delivery Hero Raises €40M

Delivery Hero (known as “hungryhouse” in the UK), a Berlin, Germany-based online food delivery company, has raised €40m (approximately $49m) in funding.

Backers include Kite Ventures, Kreos Capital and other existing investors.

The company intends to use the funding to expand globally.

Launched 21 months ago and led by Co-CEOs Fabian Siegel and Niklas Östberg, Delivery Hero is a worldwide network of online food ordering sites. It operates in Sweden, Finland, Poland, Austria, Germany (www.lieferheld.de), UK (www.hungryhouse.co.uk), Russia, Australia, Switzerland (www.foodarena.ch), South Korea and Mexico.
The company has more than 400 employees around the world – with 250 staff working from its Berlin headquarters.

FinSMEs

28/08/2012

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