Gopuff Raises $1.5B in Series Unknown

Gopuff has successfully raised $1.5B in a Series Unknown at a $15B valuation led by SoftBank Vision Fund, Accel, D1 Capital Partners, Fidelity, Baillie Gifford, Atreides Management.

Company Overview

Gopuff is a Delivery company headquartered in 1000 North 13th Street, Philadelphia, PA 19122, founded in 2013 with 10000+ employees.

Instant commerce and delivery

Fundraising Details

Amount Raised: $1.5B
Round Type: Series Unknown
Valuation: $15B
Date: 2024-01-12
Investors: SoftBank Vision Fund, Accel, D1 Capital Partners, Fidelity, Baillie Gifford, Atreides Management

About Gopuff

Instant commerce and delivery The company is positioned in the Delivery sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 1000 North 13th Street, Philadelphia, PA 19122
Founded: 2013
Team Size: 10000+
Industry: Delivery

What This Means

This funding round demonstrates strong investor confidence in Gopuff's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Delivery sector continues to attract significant investment as companies innovate to meet evolving market demands. Gopuff's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $15B valuation marks an important milestone for Gopuff, positioning the company among notable players in the Delivery industry.

Looking Ahead

With this new capital, Gopuff is well-positioned to execute on its growth strategy and continue building innovative solutions in the Delivery space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-12. For more information about Gopuff, visit their headquarters at 1000 North 13th Street, Philadelphia, PA 19122.

Gopuff