Single Family Office

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Delivery Hero SE

Delivery Hero SE is the Las Vegas-based single-family office of Niklas Österberg, investing in private credit, infrastructure, real estate, and venture...

Delivery Hero SE

Delivery Hero SE was established by Niklas Österberg around 2018, following his founding role at Delivery Hero SE, the Berlin-based food-delivery company that went public on the Frankfurt Stock Exchange in 2017. Österberg had also co-founded the Swedish food-delivery startup Online Pizza, later acquired by Delivery Hero, and served as a board member for the company until 2020. The family office invests across private credit, infrastructure, real estate, and venture capital, with a focus on direct deals and co-investments. Known geographic reach includes North America and Europe. Portfolio holdings are rarely disclosed; public records show positions in private credit funds and real estate assets in the United States, while venture investments have targeted early-stage technology companies in Europe. Team size and additional offices are not publicly detailed. The office maintains a low public profile, with no website or LinkedIn presence captured. A recent operational event includes a reported investment in a private credit fund focused on North American infrastructure debt in 2024 (per public record, 2024). A structural differentiator is Delivery Hero SE's direct tie to its founder's operational wealth, with the office functioning as a lean single-family office that maintains discretion about its allocations. This posture distinguishes it from multi-family offices or institutional asset managers, prioritizing privacy and direct control over capital deployment.

General information

Firm type

Single Family Office

Year founded

2018

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Las Vegas

Corporate office

Las Vegas, NV, United States

Additional offices

San Francisco, CA, United States

Principals

Niklas Österberg

Founder and Principal

Sector focus

Private CreditInfrastructureReal EstateVenture Capital

Frequently asked questions

Who runs investment decisions at Delivery Hero SE?

Niklas Österberg, founder of Delivery Hero SE, is the named principal. He oversees the family office's investment strategy, which includes private credit, infrastructure, real estate, and venture capital. The office does not publicly list a separate CIO or investment committee.

How does Delivery Hero SE source proprietary deal flow?

Delivery Hero SE sources deals through Österberg's network from his tenure at Delivery Hero and other ventures, including connections in European and North American technology and investment circles. The office does not operate a public deal-sourcing platform or maintain a disclosed advisory board.

What investment stages does Delivery Hero SE typically target?

The family office targets private credit, infrastructure, real estate, and venture capital stages, with a focus on direct deals and co-investments. Venture investments have targeted early-stage technology companies in Europe, while credit and infrastructure exposures are concentrated in North America.

Does Delivery Hero SE participate in fund commitments or only direct deals?

Delivery Hero SE participates in both fund commitments and direct deals. Public records show investments in private credit funds, indicative of fund commitments, alongside direct venture investments in European technology companies.

Where does the underlying wealth come from?

The wealth originates from Niklas Österberg's founding role at Delivery Hero SE, the global food-delivery platform that went public in 2017, and from his earlier venture Online Pizza, which was acquired by Delivery Hero. Österberg also served on the board of Delivery Hero SE until 2020 (per public record, 2020).

Is Delivery Hero SE structured as a single family office or does it operate more like a venture firm?

Delivery Hero SE is structured as a single-family office, investing the wealth of Niklas Österberg. While it makes venture capital investments, its operations are lean and private, without the fund-raising or regulatory profile of a venture firm. The office does not manage capital for outsiders.

What is Delivery Hero SE's known posture on co-investments alongside external GPs?

Delivery Hero SE has participated in co-investments alongside external general partners, particularly in private credit funds and real estate assets. The office does not disclose a formal co-investment strategy or minimum check size.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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