# Foodpanda Germany

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/foodpanda-germany

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.foodpanda.com
- Total disclosed funding: $108M
- Latest round: Series D (Aug 10, 2014)
- Investors on record: 5

## About

Founded in 2012 and headquartered in Berlin, Germany, Foodpanda Germany offers a convenient food delivery service through its accessible mobile app and website, connecting customers with local restaurants for various culinary options.Foodpanda Germany specializes in food delivery services that bridge consumers with local dining options. The company was founded in Berlin in 2012. In December 2016, Foodpanda GmbH was acquired by Delivery Hero SE for USD 100.00 mn, which facilitated strategic enhancements to market presence. The CEO of the company is Jennyffer Romano.Foodpanda Germany provides a comprehensive food delivery service via a user-friendly app and website, enabling customers to order a wide range of dishes from local restaurants. The service caters to diverse dietary needs and ensures quick, convenient meal access, connecting urban dwellers and busy professionals with numerous dining options across various regions, including Southeast Asia, the Middle East, and select parts of Europe.The company generates revenue primarily through transaction-based fees from partner restaurants and delivery commissions charged to customers. Each order processed incurs a commission fee for the restaurant, while customers may face a delivery fee based on distance and order size. Additional revenue can arise from partnerships with restaurants involving promotional incentives, ensuring consistent income through various customer interactions.Foodpanda Germany plans to leverage its recent acquisition by Delivery Hero SE to strengthen its market position. The company is focused on expanding into new geographic territories, with specific plans to enhance its presence in underrepresented markets in Europe by the end of 2024. The USD 100.00 mn raised from the latest TRADE SALE will support these expansion efforts and the introduction of new services tailored to customer demands, reflecting a strategic approach to growth.

## Funding rounds

- Series D, Aug 10, 2014, $60M — Rocket Internet SE, Alpha Wave Global
- Series C, Feb 4, 2014, $20M — Kinnevik, Phenomen Ventures, iMENA Group
- Series B, Sep 9, 2013, $8M — iMENA Group
- Series A, May 7, 2013, $20M — Kinnevik, Rocket Internet SE, Phenomen Ventures

## Investors

- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series A, Series C
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A, Series D
- Phenomen Ventures (https://capitalatlas.ai/funds/phenomen-ventures) — Series A, Series C
- iMENA Group (https://capitalatlas.ai/funds/imena-group) — Series B, Series C
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series D