Delivery Hero

A network of online food ordering sites with over 100 restaurant partners worldwide.

Launch date

Oct 2011

Employees

10001+ people

Market cap

Net debt

Enterprise valuation

€9.7b (Public information from Jul 2024)

Company register number HRB 198015 B (Charlottenburg (Berlin))

Berlin Germany (HQ)

http://www.deliveryhero.com

https://twitter.com/deliveryherocom https://www.facebook.com/deliveryhero https://www.linkedin.com/company/delivery-hero-se

Corporate Venture Fund: DX Ventures

Revenues, earnings & profits over time

EUR	2020	2021	2022	2023	2024	2025	2026
Revenues	2.5b	5.9b	8.6b	9.9b	11.7b	13.0b	14.3b
% growth	100 %	137 %	46 %	16 %	18 %	11 %	10 %
EBITDA	(914m)	(842m)	(1.3b)	(1.1b)	752m	1.2b	1.6b
% EBITDA margin	(37 %)	(14 %)	(15 %)	(11 %)	6 %	10 %	11 %
Profit	(1.4b)	(1.1b)	(3.0b)	(2.3b)	(497m)	(149m)	182m
% profit margin	(57 %)	(19 %)	(35 %)	(23 %)	(4 %)	(1 %)	1 %
EV / revenue	9.1x	4.5x	1.7x	0.7x	0.9x	0.8x	0.7x
EV / EBITDA	-24.5x	-31.2x	-11.1x	-5.8x	14.3x	8.5x	6.2x
R&D budget	129m	-	-	-	-	-	-
R&D % of revenue	5 %	-	-	-	-	-	-

Date	Investors	Amount	Round
-	Hasso Plattner Ventures Pine Hill Capital Jose Marin 500 LatAm FJ Labs Global Founders Capital Prosus Ventures Left Lane Capital	N/A	-
Mar 2012	Kite Ventures Avala Capital	€25.0m	Series C
Aug 2012	Kite Ventures BlackRock EMEA Venture and Growth Lending	$50.0m	Series D
Aug 2012	Avala Capital	€630k	-
Dec 2012	Avala Capital	€103k	-
Jul 2013	HV Capital Kite Ventures BlackRock EMEA Venture and Growth Lending Point Nine Team Europe TEV Ventures Phenomen Ventures RTP Global	$30.0m	Series D
Dec 2013	Avala Capital	€116k	Secondary
Jan 2014	Insight Partners Target Global	$88.0m	Series E
Feb 2014	Avala Capital	€574k	Secondary
Apr 2014	Luxor Capital	$85.0m	Series F
Sep 2014	Insight Partners Kite Ventures VNV Global	$350m	Series G
Jan 2015	Avala Capital	€11.6m	Secondary
Feb 2015	Rocket Internet	€495m	Series H
Mar 2015	N/A	€52.0m	Series H
Jun 2015*	Anchorage Capital Group Putnam Investments	$110m Valuation: $3.1b	Late VC
Dec 2016	Avala Capital	€58.0k	Secondary
May 2017	Prosus Naspers	$431m Valuation: $3.2b 9.8x EV/LTM Revenues -29.1x EV/LTM EBITDA	Growth Equity VC
Jun 2017*	N/A	€927m Valuation: €4.4b 14.8x EV/LTM Revenues -44.0x EV/LTM EBITDA	IPO
Sep 2017*	Prosus	€660m Valuation: €5.1b 17.1x EV/LTM Revenues -50.8x EV/LTM EBITDA	Secondary
May 2018	Avala Capital	€650k	Secondary
Jan 2020	N/A	$1.8b	Post IPO Convertible
Jan 2020	N/A	$571m	Post IPO Equity
Jan 2021	N/A	€1.2b	Post IPO Equity
Sep 2021	N/A	€1.3b Valuation: €32.0b 12.9x EV/LTM Revenues -35.0x EV/LTM EBITDA	Post IPO Convertible
Apr 2022*	N/A	€1.4b	Post IPO Debt
Apr 2024*	Sachem Head Capital Management	N/A	Post IPO Equity
Total Funding		€1.6b