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Amazon-backed food delivery firm Deliveroo is now worth $7 billion after a $180 million pre-IPO funding round

LUDOVIC MARIN / Getty Deliveroo CEO Will Shu at President Macron’s tech summit in France in 2018. Shu said he was the only one who didn’t turn up in a suit. Food delivery firm Deliveroo is now worth north of $US7 billion after raising $US180 million in fresh funding. The Amazon-backed company is preparing to go public later in 2021. Insider reported this week that UK-based Deliveroo could be valued at up to $US13.6 billion when it floats, with one source pegging April for an IPO date. Amazon-backed food delivery firm Deliveroo is now valued above $US7 billion after raising $US180 million in fresh capital.

Amazon-backed food delivery firm Deliveroo is now worth $7 billion after a $180 million pre-IPO funding round | Business Insider México

LUDOVIC MARIN / Getty The Amazon-backed company is preparing to go public later in 2021. Insider reported this week that UK-based Deliveroo could be valued at up to $13.6 billion when it floats, with one source pegging April for an IPO date. Amazon-backed food delivery firm Deliveroo is now valued above $7 billion after raising $180 million in fresh capital. The new round was led by two of Deliveroo’s existing backers, Durable Capital Partners and Fidelity. Both are investors that put money into public as well as private firms. UK-headquartered Deliveroo, which has experienced a boom in custom amid national lockdowns, also on Sunday confirmed plans for a stock market debut. The company, though run by American CEO Will Shu, is expected to list on London’s Stock Exchange.

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