logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

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

Dec 16, 2021•about 4 years ago

Amount Raised

$1.5 Billion

Philadelphia

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 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.