Gopuff Raises New Funding from Leading Global Investors
New funds will fuel geographic expansion and investment in Gopuff’s global team and technology.
Gopuff today announced that it secured $1B in new funding at a $15B valuation. We are proud to have some of the world’s foremost technology investors participate in this round, including new investments from Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, MSD Partners, and Adage Capital, and participation from existing investors Fidelity Management and Research Company, Softbank Vision Fund 1, Atreides Management, and Eldridge Capital.
This investment validates our vision and the unique, powerful business our team has built and scaled over the past eight years. We’re proud of our team for their hard work and passion for the Gopuff vision and grateful to our investors for their continued support.
This milestone brings an important step closer to achieving our vision of building Gopuff into the world’s go-to solution for immediate needs: with these new funds, we will accelerate our strategic priorities, including furthering geographic expansion across North America, expanding deeper into the UK and across Europe, hiring top-tier local talent, and more.
We’ve made several strategic acquisitions and executed on growth objectives over the past few months – entering the UK via Fancy, delivering in California via BevMo!, launching Gopuff Gopuff Kitchen, acquiring rideOS and more – and look forward to what lies ahead as we continue to innovate to deliver a magical customer experience to customers around the globe. We’re just getting started!
For more information, check out our press release