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Delivery Hero alumni have built 150 startups worth €7.5B, making it Europe’s biggest founder factory

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What happened

Alumni of Delivery Hero and its European brands have launched 150 startups and built businesses worth a combined €7.5 billion, employing 11,000 people globally. Together, those companies have raised €4.4 billion in venture capital, making Delivery Hero the top European founder factory in Dealroom’s analysis by VC raised by alumni-founded startups.

It also contains alumni who left those companies before Delivery Hero acquired them. Delivery Hero has become Europe’s leading founder factory by number of alumni-founded startups, according to a new analysis published today by startup data platform Dealroom.co.

Their combined enterprise value has increased fourfold since 2020. Dealroom’s analysis counts alumni from Delivery Hero’s European brands, including Delivery Hero’s Berlin HQ, efood, foodora, foodpanda’s European operations, foody, Glovo , and Yemeksepeti.

Sources & evidence