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Gopuff confirms new $1B cash injection at a $15B valuation to expand its instant grocery delivery service



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Gopuff, the startup that’s helped kickstart a new category of food delivery in the U.S. — “instant” delivery of essential groceries and other home goods for a flat fee of $1.95, 24 hours a day — has closed a huge tranche of funding to help it scale its service further across the country and globe. It’s raised $1 billion in a Series H round that values the Philadelphia-based company at $15 billion.
New backers Blackstone’s Horizons platform, Guggenheim Investments, Hedosophia, and Adage Capital, and previous backers Fidelity Management and Research Company, Softbank Vision Fund 1, Atreides Management, and Eldridge Capital all participated in …

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