Gopuff Revenue, Valuation, Funding & Investors

Gopuff is valued at $8.5B as of November 2025. Gopuff revenue was $340M, as disclosed with its July 2021 round.

Last Gopuff valuation

$8.5B

Undisclosed stage · Nov 2025

Last Gopuff funding round

$250M

Undisclosed stage · Nov 2025

Gopuff revenue

$340M

Series H · Jul 2021

Key investors in Gopuff

  • SoftBank Group
  • Accel
  • Valor Equity Partners
  • Eldridge Industries
  • Luxor Capital Group
  • Fidelity

Gopuff Overview

About Gopuff

Gopuff, the trading name of GoBrands Inc., is a Philadelphia-based instant-commerce company that delivers convenience-store goods from its own network of micro-fulfillment centers in the United States and the United Kingdom. Through its app customers order snacks, drinks, groceries, household essentials, over-the-counter medicine, baby and pet products and, where licensed, alcohol, typically delivered in about 30 minutes. Because it owns its inventory and warehouses, Gopuff earns product margins and delivery fees, adds recurring income from its FAM membership programme and sells retail-media advertising to consumer brands. It also owns the BevMo! beverage-alcohol chain and entered the UK by acquiring Fancy of Newcastle upon Tyne. Gopuff delivered in more than 500 US cities as of 2025, reported revenue of about $1.2 billion in 2023 and employs roughly 5,000 people. Backed by SoftBank, Accel, D1 Capital, Fidelity, Baillie Gifford, Eldridge and Valor, it raised $250 million at an $8.5 billion valuation in November 2025, down from a $15 billion peak in 2021. The company was founded in 2013 by Drexel University students Yakir Gola and Rafael Ilishayev.


Founded

2013

HQ

United StatesPhiladelphia, PA

Website

gopuff.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Revenue

$340M (Jul 2021)

Valuation

$8.5B (Nov 2025)

Gopuff Valuation

Gopuff is currently valued at $8.5B, based on its undisclosed-stage round in November 2025. Read the announcement ↗

The $250M round was led by Eldridge Industries and Valor Equity Partners, with participation from Baillie Gifford, George Ruan, Yakir Gabay, Robinhood and Equalis Capital.

Gopuff's valuation has grown 2.2x from $3.9B at its Series F in October 2020 to $8.5B in November 2025, across 4 priced rounds.

Gopuff valuation by funding round

Revenue multiple
Gopuff valuation by funding round
DateStageValuationRevenue Multiple
Nov 2025Undisclosed stage$8.5B-
Jul 2021Series H$15B44.1x
Mar 2021Series G$8.9B26.2x
Oct 2020Series F$3.9B19.5x

Gopuff Revenue

Gopuff's latest recorded revenue is $340M, as of its Series H in July 2021. At a $15B valuation, that implies a 44.1x revenue multiple.

Revenue grew from $200M in October 2020 to $340M in July 2021, while the revenue multiple moved from 19.5x to 44.1x.

Gopuff revenue by funding round

Gopuff revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jul 2021$340M$15B44.1xSeries H
Mar 2021$340M$8.9B26.2xSeries G
Oct 2020$200M$3.9B19.5xSeries F

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Gopuff Funding History

Gopuff has raised a total of $3.7B across 9 funding rounds.

Gopuff's first fundraising round was a $8M Series A in November 2015. The most recent completed round was a $250M undisclosed-stage round in November 2025.

Gopuff funding rounds

Gopuff funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2025Undisclosed stageEldridge Industries (lead); Valor Equity Partners (lead); Baillie Gifford; George Ruan; Yakir Gabay; Robinhood; Equalis Capital$250M$8.5BGopuff announced on November 13, 2025 that it had raised $250 million in new funding led by Eldridge Industries and Valor Equity Partners. Baillie Gifford, Robinhood, Equalis Capital, George Ruan, Yakir Gabay and Gopuff's co-founders also participated, and the Financial Times reported that the round valued the company at $8.5 billion. That was well below the $15 billion valuation set in its July 2021 Series H, reflecting the reset in instant-delivery valuations after the pandemic boom and the consolidation of rivals such as Getir and Gorillas. Gopuff said the money would fund its next phase of growth, including faster fulfillment, an improved consumer offering and investment in artificial intelligence, and it appointed Matt McBrady as chief financial officer. The company said it was in its strongest financial position in its history, with record revenue and contribution profit. Gopuff operates the largest instant fulfillment network in the US and UK, delivering thousands of convenience items from company-run micro-fulfillment centers. It was founded in 2013 in Philadelphia by Yakir Gola and Rafael Ilishayev.
Jul 2021Series HFidelity; Luxor Capital Group; SoftBank Group; Marcy Venture Partners; Atreides Management; Blackstone; Guggenheim Partners; MSD Partners; Adage Capital Management; Eldridge Industries; Hedosophia$1B$15BGopuff, a Philadelphia-based instant delivery service for groceries, essentials, alcohol, and other items, raised $1 billion in a Series H funding round announced July 30, 2021. Investors included new backers Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, Adage Capital Management, MSD Partners, and existing investors Fidelity Management and Research Company, SoftBank Vision Fund 1, Atreides Management, and Eldridge Industries. The round valued the company at a $15 billion post-money valuation, up from $8.9 billion in its prior March 2021 raise of $1.15 billion. Gopuff operates over 450 micro-fulfillment centers across 850+ U.S. cities, with plans to expand in North America, the UK, and Europe using the funds. The company reported profitability in all markets older than 18 months and had been acquiring assets like BevMo, Liquor Barn, Fancy, and partnering with Uber. Total funding raised prior to this round was around $2.5 billion across recent rounds.
Mar 2021Series GD1 Capital Partners (lead); Fidelity (lead); Baillie Gifford; Reinvent Capital; Luxor Capital Group; SoftBank Group; Palm Tree Crew Investments; Eldridge Industries$1.1B$8.9BGopuff raised $1.15 billion in March 2021 at a post-money valuation of $8.9 billion, more than doubling the $3.9 billion valuation set five months earlier. Investors in the round were D1 Capital Partners, Fidelity Management and Research Company, Baillie Gifford, Eldridge, Reinvent Capital, Luxor Capital and SoftBank Vision Fund 1. Gopuff said the funds would support expansion across the United States and internationally, new product categories, hiring and investment in technology. At the time it operated in 41 states and Washington DC, having acquired the BevMo! beverage-alcohol chain in late 2020. The company delivered groceries, snacks, drinks, household essentials and alcohol from its own micro-fulfillment centers in around 30 minutes. According to Contrary Research, Gopuff generated about $340 million of revenue in 2020, up from about $200 million in 2019. Gopuff was founded in 2013 in Philadelphia by Drexel University students Yakir Gola and Rafael Ilishayev.
Oct 2020Series FAccel (lead); D1 Capital Partners (lead); Luxor Capital Group; SoftBank Group$378M$3.9BGopuff is a Philadelphia-based instant delivery platform for everyday consumer needs, including groceries, food, beverages, and household items, operating through a network of micro-fulfillment centers for 24/7 service with deliveries in 30 minutes or less. Founded in 2013 by co-CEOs Rafael Ilishayev and Yakir Gola, the company had expanded to over 200 micro-fulfillment centers serving more than 500 U.S. cities by October 2020, tripling its market coverage in the prior 18 months. In October 2020, Gopuff raised $380 million in a funding round led by Accel and D1 Capital Partners, with participation from Luxor Capital and SoftBank Vision Fund, achieving a $3.9 billion post-money valuation. This brought total funding to $1.35 billion. The capital was earmarked for accelerating geographic expansion, broadening product categories like cooking, baking, and groceries, and investing in talent, including new hires for chief customer officer (from Lowe's), chief business officer (from Uber), and VP of engineering (from TripAdvisor). The round capitalized on surging demand during the COVID-19 pandemic, where Gopuff provided protective equipment to employees and drivers and established an emergency fund for those affected. The company's vertically integrated model enabled strong unit economics and rapid product additions, differentiating it from competitors like Amazon and Uber in the quick-commerce space. Gopuff continued aggressive growth post-round, including acquiring BevMo! for $350 million in November 2020.
Aug 2019Series ESoftBank Group (lead); Accel$750M-Gopuff raised $750 million in August 2019 in a round led by SoftBank's Vision Fund, with existing investor Accel also participating, according to reports first published by The Information in January 2020. The investment came with a commitment of up to $250 million more, and at more than six times the company's total prior funding it transformed Gopuff's capital base. The company declined to comment at the time, and the round only became public several months after it closed. The capital financed a rapid expansion of Gopuff's network of micro-fulfillment centers, which by October 2020 served more than 500 US cities. Gopuff sold snacks, drinks, household goods, over-the-counter medicine, baby products and, in some markets, alcohol, delivered in about 30 minutes from company-run warehouses. The Philadelphia-based company, legally GoBrands Inc., was founded in 2013 by Drexel University students Yakir Gola and Rafael Ilishayev.
Nov 2018Series DAccel (lead); Valor Equity Partners$109M-Gopuff raised $108.5 million in its Series D round in November 2018, led by Accel, with participation from Valor Equity Partners, to support geographic expansion and new product offerings. This followed a Series C round of $42.5 million in December 2017 led by Valor Equity Partners aimed at enhancing technology and logistics infrastructure, and a Series B of $13 million in December 2016 led by Headline to scale operations. The company, founded in 2013 by Yakir Gola and Rafael Ilishayev, operates micro-fulfillment centers with proprietary technology and hyper-local logistics for instant delivery of over 5,000 products. Later rounds included a Series E of $750 million in August 2019 led by SoftBank Vision Fund, Series F of $377.5 million in October 2020 led by Accel and D1 Capital Partners, and Series G of $1.2 billion in March 2021 at $8.9 billion valuation.
Dec 2017Series CValor Equity Partners (lead); 3L Capital; Anthony Bucci$43M-Gopuff raised about $42.5 million in a Series C round in December 2017, led by Valor Equity Partners with participation from 3L Capital and Anthony Bucci. Valor, the Chicago growth investor, became a long-term shareholder and later co-led Gopuff's $250 million round in November 2025 alongside Eldridge Industries. The financing came as Gopuff extended its network of company-operated micro-fulfillment centers across US cities and invested in its technology and logistics infrastructure. The Philadelphia company delivered convenience-store products including snacks, beverages, household essentials and, where licensed, alcohol within about 30 minutes through its app. Its vertically integrated model, owning inventory, warehouses and the customer relationship, distinguished it from marketplace delivery apps that relied on third-party stores. Gopuff was founded in 2013 by Drexel University students Yakir Gola and Rafael Ilishayev.
Dec 2016Series BHeadline (lead); Anthony Bucci; Ruttenberg Gordon Investments$13M-Gopuff raised about $13 million in a Series B round in December 2016, its second institutional financing after the $8.25 million Series A led by Anthos Capital. The round was led by e.ventures, the venture firm now known as Headline, whose partner Jett Fein was an early backer of the company, with participation from Anthony Bucci and Ruttenberg Gordon Investments. The capital supported the expansion of Gopuff's network of company-run warehouses beyond its early college-town markets into more US metropolitan areas. The Philadelphia company sold convenience-store staples such as snacks, drinks, ice cream, over-the-counter medicine and household goods through its app, delivering orders in around 30 minutes for a flat delivery fee. Owning its inventory and warehouses allowed Gopuff to earn product margins rather than marketplace commissions. The business had been founded in 2013 by Drexel University students Yakir Gola and Rafael Ilishayev and operated under the corporate name GoBrands Inc.
Nov 2015Series AAnthos Capital (lead)$8M-Gopuff, then styled goPuff and operated by GoBrands Inc., raised a Series A round from Anthos Capital that totalled $8.25 million. The round was assembled in two steps: an initial $3.25 million from Anthos in December 2015, followed by an additional $5 million led by Anthos that was announced on June 3, 2016 and closed the Series A. The company said the capital would fund expansion into new metropolitan markets, starting with Portland, Houston, Minneapolis and Nashville, with at least seven more cities planned by the end of 2016. At the time goPuff operated in nine markets, among them Philadelphia, Washington DC, New York, Boston, Austin, Denver, Seattle, Phoenix and Chicago. Its model relied on company-operated warehouses from which drivers delivered convenience-store items such as snacks, drinks and household goods in about 30 minutes for a flat fee. GoBrands had also launched goBeer and goBooze for alcohol delivery in selected markets. Gopuff was founded in 2013 in Philadelphia by Drexel University students Yakir Gola and Rafael Ilishayev.

Who has invested in Gopuff?

26 investors have backed Gopuff across its funding rounds, including SoftBank Group, Accel, Valor Equity Partners, Eldridge Industries, Luxor Capital Group and Fidelity.

Lead investors include Eldridge Industries, Valor Equity Partners, D1 Capital Partners, Fidelity, Accel and 3 other investors.


Gopuff Investors

Investors in Gopuff by funding rounds participated
InvestorHQRoundsRoleFirst check
SoftBank GroupJapanTokyo4LeadAug 2019
Luxor Capital GroupUnited StatesNew York City, NY3ParticipantOct 2020
Valor Equity PartnersUnited StatesChicago, IL3LeadDec 2017
Eldridge IndustriesUnited StatesMiami, FL3LeadMar 2021
AccelUnited StatesPalo Alto, CA3LeadNov 2018
Baillie GiffordUnited KingdomEdinburgh2ParticipantMar 2021
FidelityUnited StatesBoston, MA2LeadMar 2021
Anthony BucciUnited StatesPhiladelphia, PA2ParticipantDec 2016
D1 Capital PartnersUnited StatesNew York City, NY2LeadOct 2020
Reinvent CapitalUnited StatesNew York City, NY1ParticipantMar 2021
3L CapitalUnited StatesLos Angeles, CA1ParticipantDec 2017
Marcy Venture PartnersUnited StatesSan Francisco, CA1ParticipantJul 2021
Atreides ManagementUnited StatesBoston, MA1ParticipantJul 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Gopuff

Gopuff has acquired 7 companies to date.

Last acquisition by Gopuff was on August 11th 2021. Gopuff acquired Dija for $150M.


Latest Acquisitions by Gopuff

Dija
Bandit
Liquor Barn
RideOS
Description
-
Bandit is a San Francisco-based retail coffee brand offering whole bean, ground, and ready-to-drink coffees sourced from farms in Ethiopia, Colombia, and Guatemala. The company sells through its website and select cafes with flavors like Breakfast Blend and Midnight Mocha targeted at younger consumers preferring convenient premium brews.
Liquor Barn is a Calgary-headquartered retailer operating over 200 liquor stores in Canada, 20 in Alaska, and three in Connecticut under brands like Liquor Depot, Wine and Beyond, and Brown Jug. Stores range from 2,000 to 14,000 square feet, stocking wines, spirits, and beers with warehouse facilities exceeding 40,000 square feet.
RideOS is a San Francisco-based developer of transportation marketplace and mapping technologies founded in 2017. The platform provides ETA prediction engines and routing for self-driving vehicles, serving mobility operators and OEMs. Collaborations include Silicon Valley startups and ride-hailing firms, with engineers from Google, Apple, Uber, and Tesla.
HQ CountryUnited KingdomUnited StatesUnited StatesUnited States
HQ City
-
New York City, NY
Louisville, KY
San Francisco, CA
Deal Date11 Aug 202117 Jul 202121 Jun 202117 Jun 2021
Valuation$150Mundisclosedundisclosed$115M
EV/Revenue
EV/EBITDA

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Gopuff Competitors

Gopuff competitors include listed companies like Talabat, Grab, Delivery Hero and Instacart, and private ones like Rappi and Zepto.

Public and private companies comparable to Gopuff
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TalabatUAEUAEPublicly listed$1.7B$323M$6.9B1.4x
GrabSingaporeSingaporePublicly listed$3.4B$350M$11B1.8x
Delivery HeroGermanyGermanyPublicly listed$16B$305M$13B0.9x
InstacartUnited StatesUnited StatesPublicly listed$3.7B$598M$13B3.0x
RappiColombiaBogotáPrivate--$5.3B-
ZeptoIndiaBengaluruPrivate$2.4B-$4.5B1.9x

Gopuff Public Comps

Gopuff is still privately-owned, but its public comps include Info Edge, Match Group, Kakao, BOSS Zhipin, Zillow, CTS Eventim, Talabat, Scout24, carsales.com and Kunlun.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Info Edge$345M$210M22.8x22.8x37.5x53.7x
Match Group$3.5B$939M3.6x3.6x13.3x9.5x
Kakao$6.1B$1.1B0.6x0.6x3.6x3.0x
BOSS Zhipin$1.2B$497M3.2x2.9x8.0x6.4x
Zillow$2.6B$315M2.7x2.4x21.8x9.5x
CTS Eventim$3.4B$604M1.6x1.5x9.3x8.2x
Talabat$1.7B$323M3.7x1.4x19.3x11.3x
Scout24$726M$373M9.7x8.4x18.9x14.0x

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Common questions about Gopuff

When was Gopuff founded?Gopuff was founded in 2013.
Where is Gopuff headquartered?Gopuff is headquartered in Philadelphia, PA, United States.
Is Gopuff publicly listed?No, Gopuff is a private, VC-backed company.
What is Gopuff's valuation?Gopuff was last valued at $8.5B in its undisclosed-stage round in November 2025.
How much funding has Gopuff raised?Gopuff has raised $3.7B across 9 funding rounds.
What was Gopuff's last funding round?Gopuff's last funding round was a $250M undisclosed-stage round in November 2025, led by Eldridge Industries and Valor Equity Partners.
Who are Gopuff's investors?Gopuff's investors include SoftBank Group, Luxor Capital Group, Valor Equity Partners, Eldridge Industries, Accel, Baillie Gifford, Fidelity, Anthony Bucci, D1 Capital Partners, Reinvent Capital and 16 others.
What is Gopuff's revenue?Gopuff's latest recorded revenue is $340M (July 2021).
What is Gopuff's revenue multiple?Gopuff's latest valuation implies a 44.1x revenue multiple ($15B valuation on $340M of revenue).
Which companies are comparable to Gopuff?Companies comparable to Gopuff include Talabat, Grab, Delivery Hero, Instacart, Rappi and Zepto.
How many companies has Gopuff acquired?Gopuff has acquired 7 companies, including Dija, Bandit, Liquor Barn, RideOS and Fancy.
What was the largest acquisition by Gopuff?The $350M acquisition of BevMo in November 2020 is the largest acquisition Gopuff has made to date.

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