Deliverect Series D 2022
Deliverect Series D 2022
Type
funding
Amount
$150M
Date
2022-01-24T00:00:00.000Z
Round
series-d
Lead Investor
coatue
TLDR
Deliverect raised $150M in a Series D led by Coatue in January 2022, reaching a $1.4B valuation and Unicorn status.
Overview
The $150M Series D, led by Coatue Management, one of the leading technology-focused hedge funds and growth investors, valued Deliverect at $1.4B. The round marked Deliverect's entry into Belgium's Unicorn club.
At the time, Deliverect was processing millions of food delivery orders per week for restaurant chains and ghost kitchens globally. The capital was earmarked for product expansion and further international growth, particularly in North America.
See also
Categories:deals