Foodora was founded under the name Volo GmbH in Munich in February 2014.
It relocated to Berlin when Rocket Internet acquired 100% of the company in April 2015. In June 2015, Foodora also acquired food delivery services Hurrier (in Canada), Suppertime (in Australia), and Heimschmecker (in Austria), which now all operate under the Foodora brand. In September 2015, Delivery Hero acquired Foodora from Rocket Internet.
 Foodora was then merged with Delivery Hero's upscale food delivery brand, Urban Taste, under the name Foodora.
In December 2018, the Dutch group Takeaway purchased the German delivery operations of Delivery Hero, including Foodora Germany. On April 1, 2019, the transaction was completed, with Foodora GmbH officially belonging to Lieferando, a part Takeaway.
Delivery Hero continues to operate under the Foodora brand in other markets. As of May 2020, Foodora remains available in Finland, Norway and Sweden.
The CEO of Foodora is Hans Skruvfors.
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