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Deliveroo moves into Galway after raising $100m

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Deliveroo moves into Galway after raising $100m

Deliveroo moves into Galway after raising $100m
November 24
13:56 2015

London-headquartered Deliveroo, the on-demand restaurant delivery service, said on Tuesday that it has raised $100 million to fund further expansion in new markets, and is expanding its Irish offering to Galway.

Deliveroo, which launched in London in 2013, also said on Tuesday that it has expanded into Galway city today, its third Irish hub, following an earlier roll-out to Dublin and Cork. Ten of Galway’s restaurants already signed up to deliver meals through Deliveroo’s home-delivery service, including; McCambridges, Hooked, Creole and The Dough Bros. Deliveroo is currently recruiting 30 drivers for Galway.

The $100 million Series D investment was led by Digital Sky Technologies, run by Yuri Milner, an early backer of Facebook, Airbnb and Alibaba, and Greenoaks Capital, a Silicon Valley-based fund. Existing venture capital backers Accel Partners, Hummingbird Ventures and Index Ventures also participated in the round.

Oliver Dewhurst, general manager Ireland, said: “This funding represents a major milestone in our international expansion – the Irish business is experiencing phenomenal growth in Dublin and Cork and we’re excited to add Galway to the list of cities our service is now live in with more to come in the near future.”

Deliveroo is also expanding into Dubai, Hong Kong, Singapore, Melbourne and Sydney off the back of a $70 million investment it received in July.

London-based company now offers its service in 50 cities across 12 countries, and over 5,000 restaurants are currently delivering through the platform worldwide

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