Takeaway.com raises EUR 13 million in funding from Prime Ventures

January 2012

European online food ordering service poised for rapid international expansion

Takeaway.com, one of the world's largest online food ordering websites, announced today it has attracted a EUR 13 million investment from leading venture capital firm Prime Ventures.

With Takeaway hungry consumers can order their favourite takeaway food on the company's websites or through its mobile applications. Consumers have preferred Takeaway.com thanks to the site's user-friendly concept, the free service, the vast choice of restaurants, and easy-to-use payment methods.

The investment will be used to accelerate the international growth plans of Takeaway.com. The company is currently present in 10 European countries under various brands such as Thuisbezorgd.nl,Pizza.be, Lieferservice.de and Lieferservice.at, with both web and mobile services. Takeaway.com has partnered with over 9,000 restaurants and is currently generating over EUR 100 million in annual order revenues serving over 3 million dining customers. The company is market leader in both Holland and Belgium, and is one of the largest food delivery websites in Germany and Austria.

Jitse Groen, founder and Chief Executive Officer of Takeaway.com, said: "Our mission is simple. We bring together hungry consumers and delivery restaurants. Our easy-to-use online as well as mobile platforms provide consumers access to a wide variety of cuisines, while at the same time offering restaurants an easy way to generate more revenue. With the investment we will be able to realize our goal to become the go-to-destination for food delivery wherever you are."

Mr. Groen added: "We are thrilled to have Prime Ventures on board as they bring more than capital alone. Prime supports the expansion of the organisation and has, among other things, helped to bring on board Brent Wissink as Chief Operating Officer."

Sake Bosch, Managing Partner at Prime Ventures, commented: "Takeaway.com offers a simple but compelling proposition at the intersection of various fundamental consumer and technology trends. More and more consumers want a hassle-free home-dining experience, while restaurants are increasingly discovering the power of online lead generation. Supported by great momentum, a very scalable business model, and a significant investment from our fund, we are convinced that the company will become the category leader".

Takeaway.com is a Dutch e-commerce company and was founded in 2000 by Jitse Groen. Today the company is a global top 3 online food ordering service. The company was the first to implement innovative features to its service such as a mobile ordering application and the award-winning Food Trackerâ„¢, a feature allowing customers to track the status of their order. Takeaway.com has attained its market leading position without external funding until today.