Germany-based Delivery Hero has raised $88m in a series E round to consolidate its global position in the online and mobile food ordering sector. Insight Ventures led the deal. Existing backers include Kite Ventures, Team Europe, ruNet, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital and Phenomen Ventures. Its total funding to date is about $200m.
Delivery Hero, a Germany-based company that now boasts a worldwide network of online food ordering sites with over 55,000 restaurants connected to its service, has raised $88m in a series E round led by private equity firm Insight Ventures. Existing backers also participated. The latest round brings the company’s total funding to date to an estimated $200m.
The food delivery service enables its visitors to easily order food and conveniently pay directly online. Orders placed through the service are then…
