The company says the money comes from private equity company Bridgepoint, returning investor DST Global, and General Catalyst, and it also includes participation from returning investor Greenoaks Capital.
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It said the extra cash will be put towards expansion in new and existing markets, as well as providing further investment in projects such as RooBox, a “remote kitchen initiative”.
While most American food delivery junkies probably haven’t heard of Deliveroo, it’s massive overseas, now operating in more than 84 cities across 12 countries including Australia, France, United Arab Emirates, and the United Kingdom.
The investment will be used for domestic and worldwide expansion, and to battle competitors including Just Eat, the online takeaway platform, and Uber, the cab-hailing service that has begun to offer food delivery.
The other company is Edinburgh-based travel search site SkyScanner, which raised funds giving it a $1.6 billion valuation early this year, according to venture market research firm data. It is now profitable in an unspecified number of markets where it operates, it said.
The new funding comes on top of another roughly $200 million Deliveroo raised previous year. And last month, Deliveroo launched an alcohol delivery service in Ireland, partnering with several produces of beers and wines.
In taking on Uber, Deliveroo CEO William Shu said his company’s strongest advantage is its focus on delivering food, compared to Uber’s core business as a taxi service.
The company wants to build more kitchens that restaurants could use exclusively for providing takeout, he said.
“You’re going to see things shake out”, Mr Shu said.
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The company, which was founded in 2013 by Will Shu and Greg Orlowski, seeks to change the way the world thinks about food delivery.
