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GoPuff Doubles Valuation, Plans for Expansion

Specialty Food Association

Delivery platform goPuff has secured $1.15 billion in new funding, more than doubling its valuation in five months. With the new funds, goPuff will accelerate its strategic priorities including geographic expansion across the U.S. and internationally, introducing new product categories, and investing in new technology and talent to further enhance the customer experience.

“This milestone further validates the success of goPuff’s vertically integrated model as well as the massive global opportunity for the category,” said Rafael Ilishayev, co-founder and co-CEO of goPuff, in a statement.

“Our technology platform and infrastructure enable us to expand goPuff’s offerings while bringing more products, new categories, and experiences to customers,” added Yakir Gola, co-founder and co-CEO of goPuff, in a statement.

Related: GoPuff Adds Better-For-You CategoryGoPuff to Acquire BevMo!

Image: goPuff