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Berlin’s Delivery Hero gobbles up $88M in Series E funding

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In the first big European funding news of the year, Berlin-based food-ordering service Delivery Hero said on Monday that it has raised $88 million. The Insight Venture Partners-led Series E round – one of the largest ever in the German startup scene – brings Delivery Hero‘s overall funding to almost $200 million, and should help it in its ongoing battle with London-based rival Just Eat, which has more than 40,000 restaurants signed up across 13 countries. Team Europe portfolio company Delivery Hero has 55,000 restaurants across 14 countries.