Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand the business at a time when the venture-capital market is cooling.
New York-based Wonder closed a $350 million funding round last month, according to company officials, bringing the total amount raised in debt and equity to $900 million.
The latest funding values the company at roughly $3.5 billion, according to people familiar with the matter. Previously it was valued at $1.4 billion, the people said.
Source: WSJ
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