Food delivery start-up Deliveroo has raised $275 million in a round that involved early investors in Facebook and Airbnb, as it looks to expand its service to more markets.
Private equity firm Bridgepoint led the round, while existing investor DST Global, which has also invested in the likes of Spotify, and General Catalyst, which counts Airbnb and Snapchat among its investments, also joined. Greenoaks Capital also invested.
Deliveroo partners with restaurants in cities allowing them to deliver to customers. They are often mid-priced restaurants rather than cheap takeaways.
The U.K. start-up has seen strong growth with revenues rising around 20 percent month-over-month. It currently operates in 84 cities across 12 countries and the founder and chief executive is looking to expand with the fresh injection of capital.
"We want to expand more in markets we have a presence in and into other new markets," Will Shu, CEO of Deliveroo, told CNBC by phone on Friday, without naming specific cities or countries.