Through the acquisition, Deliveroo says it wants “to create a tech hub in Edinburgh, the company's first UK tech office outside of its London HQ.”
As part of the deal, Cultivate will help build Deliveroo’s payment systems which handle millions of transactions every day.
It will improve the payments experience for riders and restaurants and it will also help riders see better data on their performance and earnings through the app.
The Edinburgh-based business has already worked with customers such as General Electric and J.P. Morgan.
Nine employees will join Amazon-backed Deliveroo as part of the deal.
The financial terms of the purchase were not disclosed.
“We have a fantastic relationship with Deliveroo, supporting them through an amazing period of growth. We were attracted by the array of interesting problems being tackled by their team, and how they are addressing them using modern and emerging technology,” Andy Robinson, current chief commercial officer for Cultivate, said in a statement.
“We’re proud to have built such a great team here in Edinburgh, and today’s announcement is a testament to their hard work and expertise in building world-class software. We are excited to continue this work, create highly skilled jobs, and build a centre of tech excellence here in Edinburgh.”