Deliveroo 180m durable partners fidelity 7b bradshaw
Deliveroo, the popular food delivery service, has recently announced that it has secured $180 million in funding from its existing investors. The company plans to use this funding to expand its services and strengthen its partnerships with restaurants and other food providers. One of the key partners in this expansion is Durable Capital Partners, a leading investment firm that has committed $7 billion to support Deliveroo’s growth. In this article, we will take a closer look at this partnership and what it means for Deliveroo 180m durable partners fidelity 7b bradshaw future.
Durable Partners and Fidelity:
Durable Capital Partners is a well-known investment firm that specializes in long-term investments in high-growth companies. The firm was founded by Henry Ellenbogen, who previously worked as a portfolio manager at T. Rowe Price. Ellenbogen has a reputation for identifying promising companies early on and providing them with the support they need to grow and succeed. Deliveroo is just one of many companies that Durable Capital Partners has invested in over the years. Another major investor in Deliveroo is Fidelity Management & Research Company. Fidelity is one of the largest asset management firms in the world, with over $4.9 trillion in assets under management. The company has been investing in Deliveroo since 2015 and has continued to support the company through multiple funding rounds.
In addition to securing funding from Durable Capital Partners and Fidelity, Deliveroo has also made some key leadership changes. The company recently announced that it has appointed Adam Bradshaw as its new Chief Financial Officer (CFO). Bradshaw brings a wealth of experience to the role, having previously worked as the CFO of Just Eat, another popular food delivery service. Bradshaw’s appointment is seen as a major coup for Deliveroo, as he is widely regarded as one of the top CFOs in the industry. His experience in the food delivery sector will be invaluable as Deliveroo continues to expand its services and compete with other players in the market.
Overall, Deliveroo’s partnership with Durable Capital Partners and Fidelity, as well as the appointment of Adam Bradshaw as CFO, are positive developments for the company. With $180 million in funding and a strong leadership team in place, Deliveroo is well-positioned to continue its growth and expansion in the highly competitive food delivery market.