Pranav Kiran · · 1 min readAmazon leads $575m series G round in food delivery app Deliveroo
London-based food delivery app Deliveroo said it has raised US$575 million in a series G funding round led by Amazon.
Deliveroo said it would use proceeds from the round to hire more engineers in London, cover more locations, and set up delivery-only kitchens, among others.
Photo credit: Deliveroo
Existing investors, including US-based asset managers T. Rowe Price, Fidelity Management and Research Company, and Greenoaks Capital, also participated in the round, bringing the total amount raised to US$1.53 billion.
Founded in 2013, the company delivers food to customers in more than 500 towns and cities across 14 markets, according to a media statement.
Editing by Dante Gagelonia
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