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Deliveroo, a food delivery service that is facing competition from UberEats in Europe, raised $275 million in Series E funding, the startup announced Friday. 

Launched in 2013, Deliveroo delivers slightly upscale restaurant food along with alcohol, breakfast and large corporate orders. The service handles the logistics of delivery for restaurants, helping boost their sales for a flat fee. 

Since its launch, the London-based startup has raised $475 million. It’s currently in 84 cities throughout Europe, Australia, Hong Kong, Singapore and the United Arab Emirates. 

Its most recent funding round was led by Bridgepoint, the UK’s largest private equity group, along with prior investor DST Global, US-based General Catalyst and existing investor Greenoaks Capital.  Read more…

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