Delivery startup Gopuff valued at $15 billion after latest fundraising
U.S. delivery startup Gopuff said it raised $1 billion in a funding round that included Guggenheim Investments, Hedosophia and SoftBank Vision Fund 1, valuing the company at around $15 billion.
The new valuation represents a near 69% jump from $8.9 billion that the company was valued at, after its previous fundraising in March.
Gopuff has an investor base with high profile names including British investor Ian Osborne’s Hedosophia, Fidelity Management and Research Co, MSD Partners and Eldridge, the investment firm headed by Los Angeles Dodgers owner Todd Boehly.
The startup, founded in 2013, delivers items like food, alcohol and medicines at a $1.95 flat delivery charge and operates in more than 450 sites across North America and the UK.