What is Delivery Hero?
Headquartered in Berlin, Germany, Delivery Hero SE is a prominent player in the online food ordering and delivery services market. Founded in 2011, the company has expanded its operations to approximately 70 countries, spanning Asia, the Middle East, Africa, Europe, and Latin America. Delivery Hero's business model focuses on connecting consumers with a wide array of restaurants, facilitating seamless ordering and delivery experiences. Its extensive geographical reach and diverse service offerings position it as a key entity within the global food tech ecosystem.
The company's strategic expansion and operational scale are indicative of its ambition to dominate key markets and adapt to evolving consumer preferences in the digital food delivery landscape.
How much funding has Delivery Hero raised?
Delivery Hero has raised a total of $5.5B across 15 funding rounds:
Series C
$33.3M
Series D
$30M
Multiple Rounds
$523M
Multiple Rounds
$739.2M
Private Equity
$421.3M
Other Financing Round
$777.6M
Share Placement
$1.5B
Debt
$1.5B
Series C (2012): $33.3M supported by Kite Ventures, Insight Venture Partners, and Avala Capital
Series D (2013): $30M featuring Point Nine, Kreos Capital, Phenomen Ventures, Holtzbrinck Ventures, Kite Ventures, ru-Net Holdings, Tengelmann, and Team Europe
Series E (2014): $88M backed by The Insight Venture Partners
Series F (2014): $85M with participation from Luxor Capital Group
Series G (2014): $350M led by Kite Ventures, Insight Venture Partners, and Vostok New Ventures
Other Financing Round (2015): $12M supported by TA Capital
Series H (2015): $562.4M featuring Rocket Internet
Other Financing Round (2015): $54.8M backed by Rocket Internet
Private Equity (2015): $110M, investors not publicly disclosed
Private Equity (2017): $421.3M led by Naspers
Other Financing Round (2017): $777.6M supported by Naspers
Share Placement (2021): $1.5B, investors not publicly disclosed
Debt (2022): $1.5B, investors not publicly disclosed
Key Investors in Delivery Hero
Kite Ventures
Kite Ventures is a venture capital firm known for its investments in prominent companies like Delivery Hero and Darberry, indicating a focus on high-growth internet technology ventures.
Insight Venture Partners
Insight Venture Partners is a venture capital firm that supports the growth of its portfolio companies through a dedicated platform, focusing on scaling software and technology businesses.
Naspers
Naspers is a global technology and internet company with a strong focus on e-commerce and digital platforms, actively investing in and operating innovative businesses worldwide.
What's next for Delivery Hero?
With a robust funding history and a significant recent investment, Delivery Hero is well-positioned for continued expansion and innovation. The company's strategic focus is likely to involve further market penetration in existing territories, potential acquisitions to consolidate market share, and enhancements to its technological infrastructure to optimize delivery logistics and customer experience.
Future growth may also involve exploring adjacent services or diversifying its revenue streams beyond traditional food delivery, leveraging its established network and brand recognition. The company's ability to secure major enterprise-level funding and strategic investments signals its readiness to tackle new challenges and capitalize on emerging opportunities in the dynamic global market.
