Foodpanda

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Description

Foodpanda
Type of site: Private
Founded: 2012; 6 years ago
Headquarters: Berlin, Germany
Founder(s):       Ralf Wenzel 
                  Benjamin Bauer 
                  Felix Plog 
                  Rohit Chadda
CEO: Eduardo Goes and Rodrigo Sampaio
Key people: Julian Dames (CMO)
Industry: Online food ordering
Website:  foodora.com
About food panda:
Foodpanda GmbH (stylized as foodpanda) is a German mobile food delivery marketplace headquartered in Berlin, Germany, operating in 10 countries and territories . The service allows users to select from local restaurants and place orders via its mobile applications as well as its websites. The company has partnered with over 27,095 restaurants in 193 cities and works with over 15,733 delivery riders. The firm was acquired by Delivery Hero in early December 2016.
The company raised a total of $318 million in venture capital.Foodpanda raised $20 million in initial funding from Investment AB Kinnevik, Phenomen Ventures and Rocket Internet in April 2013. In September 2013, iMENA Holdings invested $8 Million. In February 2014, there was another funding round of $20 million from a group of investors, including Phenomen Ventures. On August 11, the company announced that it has collected another $60 million in financing from a group of investors.In March 2015, the company announced it has raised over $110 million from Rocket Internet, as well as other investors.Less than two months later, a group of investors, including Goldman Sachs, invested over $100 Million in Foodpanda.

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