Delivery Hero, one of the world’s largest providers of online and mobile food ordering, today announced a new funding round of roughly $350 million. The round was led by existing investors like Insight Venture Partners and Kite Ventures. Vostok Nafta joined the round as new investor. The new round of capital brings the overall investment in Delivery Hero to over $635 million. Not bad for a young Berlin-based company.
Delivery Hero will primarily use the funds to invest in its existing markets, including the UK and Germany, and to further fuel international growth. Continue reading