Gopuff, The Instant Grocery Startup, Is Raising Up To $1.5B, At Up To A $40B Valuation, Ahead Of Going Public As Soon As Mid-2022
PRIVATEDec 16, 2021
Amount Raised
$1.5 Billion
Round Type
Funding Round
PhiladelphiaOtherCommerce and ShoppingFood and BeverageSoftwareTransportation
Description
Instant grocery — where urban-dwelling consumers buy food and other essentials and can get them delivered in 15 minutes or less — continues to be a big business, and one of the juggernauts in the space is now raising a big round of funding to meet that opportunity: GoPuff is in the process of raising up to $1.5 billion, with a valuation of up to $40 billion.
Company Information
Company
Gopuff
Location
Philadelphia, Pennsylvania, United States
About
Gopuff, the leader in instant commerce, offers more than 5,000 products delivered in as fast as 15 minutes. Founded in 2013 by Yakir Gola and Rafael Ilishayev, the company operates its own micro-fulfillment centers, leveraging proprietary technology, a hyper-local logistics network to offer speed, reliability, and affordability to millions of customers across the U.S. and U.K.
Fundz sees it the moment Gopuff raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PhiladelphiaOtherCommerce and ShoppingFood and BeverageSoftwareTransportation