Delivery Club Raises US$4M in Second Funding

Delivery Club, a Russian online food delivery marketplace, has raised US$4m in second funding from Addventure.

The company intends to use the capital to boost regional and global expansion.

Created 18 months ago, Delivery Club processes more than 4,000 orders daily.

Commenting on the funding, Sergey Karpov, managing Partner of Addventure, said: “We are very excited and impressed with the performance the Delivery Club team has shown since the initial investment. They managed to succeed in three most important development steps: built an excellent, state of the art IT product, including an app both for partners and end-users; strengthened their positions on the fastest growing online food delivery market and built an impressive partners and customers portfolio”.

FinSMEs

26/09/2012

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