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Deliveroo
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Online food delivery connecting customers and restaurants
Deliveroo
Work Here?
Online food delivery connecting customers and restaurants
About Deliveroo
Industries
Food & Agriculture
Consumer Software
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
$1.6B
Headquarters
London, United Kingdom
Founded
2013
Overview
Deliveroo connects customers with a variety of restaurants through its online food delivery service. Customers can place orders via the Deliveroo website or mobile app, which are sent to partner restaurants for preparation. Once the food is ready, Deliveroo's network of delivery riders brings it directly to the customer's home. This system allows restaurants to expand their reach without handling their own delivery logistics. Deliveroo earns money by charging restaurants a commission on orders and customers a delivery fee. They also offer a subscription service, Deliveroo Plus, which provides unlimited free delivery for a monthly fee, encouraging customer loyalty. Additionally, Deliveroo engages in community initiatives, such as providing free meals to NHS workers during the COVID-19 pandemic, which helps improve their public image and strengthen community relationships.
Simplify's Take
What believers are saying
- Deliveroo's revenue climbed despite the UK's uncertain consumer environment in Q4 2023.
- AI integration optimizes delivery routes, improving customer satisfaction and operational efficiency.
- Subscription model expansion could lead to increased customer retention and recurring revenue.
What critics are saying
- Increased competition from new entrants like Zapp and Getir in the UK market.
- Rising operational costs due to inflation and increased wages for delivery riders.
- Potential regulatory challenges related to delivery riders' classification as independent contractors.
What makes Deliveroo unique
- Deliveroo offers a diverse range of cuisines from fast food to high-end eateries.
- The company provides a subscription service, Deliveroo Plus, for unlimited free delivery.
- Deliveroo partners with virtual kitchens, expanding cuisine variety and reducing overhead costs.
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Funding
Total Funding
$1569.6M
Above
Industry Average
Funded Over
11 Rounds
General Catalyst
AccelBenefits
Health Insurance
Paid Vacation
Parental Leave
Family Planning Benefits
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%Deliveroo launches partnership with Bayley & Sage.
Hudjo, Deaf Animation World and Riches Tailoring win equity-free grants after seeing off more than 2,000 applicants in Deliveroo's Big Pitch
Though Deliveroo's 2021 initial public offering was seen by some as disappointing-its shares sank by almost a third on debut-Thursday's upbeat trading update lifted the stock by 6.6 per cent, closing at 138p.
Consumer caution in the United Kingdom wasn’t enough to hinder Deliveroo’s fourth-quarter earnings performance. The online food and delivery company saw upticks in revenue and gross transaction value (GTV), according to a Thursday (Jan. 16) press release. During an earnings call with analysts, management singled out the U.K., its home base and largest market
This Lunar New Year, Deliveroo is teaming up with Maki-San to add a modern twist to the traditional Lo Hei celebration.
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About Deliveroo
Industries
Food & Agriculture
Consumer Software
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
$1.6B
Headquarters
London, United Kingdom
Founded
2013
Deliveroo is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today