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Gopuff Raises $1 Billion In New Funding From Leading Global Investors

Jul 30, 2021•about 4 years ago

Amount Raised

$1 Billion

Philadelphia

Description

Gopuff, the go-to platform for consumers’ immediate everyday needs, today announced that it has secured $1 billion in new funding at a $15 billion valuation. Some of the world’s foremost technology investors participated in the round, including new investors Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, MSD Partners, and Adage Capital, along with existing investors Fidelity Management and Research Company, Softbank Vision Fund 1, Atreides Management, and Eldridge, further validating Gopuff’s position as the leader in Instant Needs.

Company Information

Company

Gopuff

Location

Philadelphia, Pennsylvania, United States

About

Gopuff is the go-to solution for immediate everyday needs, fulfilling customer orders of cleaning and home products, over-the-counter medications, baby and pet products, food and drinks, and in some markets, fresh prepared food and alcohol - in just minutes. With micro-fulfillment centers in every market it serves, the company delivers thousands of products quickly for a flat $1.95 delivery charge. Gopuff is open 24/7 in many markets and late night everywhere else to bring customers what they need, when they need it most. Founded in 2013 by co-founders and co-CEOs Rafael Ilishayev and Yakir Gola, Gopuff currently operates more than 450 sites across North America and the UK, including 285+ micro-fulfillment centers and 185+ recently acquired BevMo! and Liquor Barn locations. To learn more, visit www.Gopuff.com or follow Gopuff on Facebook, Twitter or Instagram. Download the Gopuff app on iOS and Android.