Gopuff scooped up another billion-dollar investment. Its now valued at $15B
Summary
The Spring Garden-based company’s valuation now stands at a reported $15 billion, and tech investors like Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, MSD Partners and Adage Capital join existing investors Fidelity Management and Research Company, SoftBank’s Vision Fund 1, Atreides Management and Eldridge in this round. “Rafael and Yakir are focused on maintaining fiscal responsibility while having the ability to successfully execute on strategic growth opportunities. “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,” Ilishayev said. “I think that other founders should not get intimidated by these numbers, but rather think about the industry that goPuff is in,” Adit Gupta, cofounder of Lula, an eco-conscious delivery service for convenience stores told Technical.ly then. The region’s seen a handful of unicorns — companies valued at more than $1 billion — in the past year, with Gopuff, data analytics company dbt Labs (formerly Fishtown Analytics) and HR tech platform Phenom all hitting the mark in the first six months.