It’s go big and go home for Gopuff, which announced a new round of $1 billion in funding. This has been a year of high growth for the home delivery service startup, which is expanding across North America and Europe at a rapid clip.
The infusion of funds at a $15 billion valuation will allow the company to speed initiatives and ramp up talent and technology, leaders say.
“As Gopuff continues to define the Instant Needs economy, we are thrilled to have new leading global partners onboard, along with the support of our longtime investors. This funding round is further validation of the success of our model and will enable us to continue to do what we do best: deliver an unmatched customer experience,” said Rafael Ilishayev, co-founder and co-chief executive officer of Gopuff.Progressive Grocer