Social Nation is InVent’s 10th portfolio company and its first investment in the United States. The previous investments include local business review portal Wongnai, golf-course booking platform Golfdigg and mobile-first engagement solutions Playbasis.
By Tanu Pandey
Round was co-led by existing investor General Catalyst & new investor Kinnevik.
The cash infusion is on top of another roughly $200 million Deliveroo raised last year. The considerable fundraising shows what a cost-heavy and competitive market food-delivery has become. In Europe, Deliveroo is competing with Just Eat, Uber, and Delivery Hero.