Amazon has invested in restaurant delivery service Deliveroo leading its US$575 million Series G round.
Announced today, the round includes participation from existing investors T Rowe Price, Fidelity Management and Research Company, and Greenoaks.
Founded in 2013, Deliveroo has raised a total of USD$1.53 billion.
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Deliveroo said it will invest heavily in expanding the company’s tech team at its UK headquarters, expand further to reach new customers, and continue innovating through its delivery-only kitchens.
“This new investment will help Deliveroo to grow and to offer customers even more choice, tailored to their personal tastes, offer restaurants greater opportunities to grow and expand their businesses, and to create more flexible, well-paid work for riders,” said Will Shu, founder and CEO of Deliveroo.
“Amazon has been an inspiration to me personally and to the company, and we look forward to working with such a customer-obsessed organisation.
“This is great news for the tech and restaurant sectors, and it will help to create jobs in all of the countries in which we operate.”
The company said the investment will also help it develop of new products for customers to offer a more personalised experience, increased support for restaurant partners, and new tools to offer riders.
“We’re impressed with Deliveroo’s approach, and their dedication to providing customers with an ever increasing selection of great restaurants along with convenient delivery options,” said Doug Gurr, Amazon UK Country manager. “Will and his team have built an innovative technology and service, and we’re excited to see what they do next.”
Deliveroo operates in over 500 towns and cities across 14 markets, including Australia, Belgium, France, Germany, Hong Kong, Italy, Ireland, Netherlands, Singapore, Spain, Taiwan, United Arab Emirates, Kuwait and the United Kingdom.