Funding round
Gopuff Series A
Gopuff, which works in multi-category delivery services in Philadelphia, raised $8.3M in a Series A round announced on 1 Aug 2016. 1 firm took part. It is Gopuff's first venture round on record.
$8.3M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Gopuff did not disclose a valuation in this round. It is Gopuff's first venture round on record, 3 years after it was founded in 2013. It is under 1% of the $4.29B Gopuff has raised in the venture rounds on record. Gopuff raised again 50 months later: a Growth round of $380M in Oct 2020, at $3.90B post-money.
Gopuff's funding rounds
Gopuff has 6 venture rounds on record. This one is highlighted.
- Series A this round 1 Aug 2016 $8.3M
- Growth 8 Oct 2020, led by Accel and D1 Capital Partners $380M$3.90B post-money
- Series C 1 Mar 2021 $1.15B$8.90B post-money
- Series H+ 1 Jul 2021 $1.00B$15.00B post-money
- Growth 23 Dec 2021, led by Guggenheim Partners $1.50B$4.00B post-money
- Growth 13 Nov 2025, led by Eldridge Industries and Valor $250M$8.50B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 44 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion.
- Geographic expansion
Comparable rounds
How it compares
6 Series A rounds in Groceries within a year either side disclosed an amount; the median was $10M, and this round was 83% of the median. The closest in time, other companies' Series A rounds in Groceries:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Udaan Groceries | 23 Nov 2016 | $10M | not disclosed | Lightspeed Venture Partners |
| Groceries | 1 Feb 2016 | $20M | not disclosed | not named |
| Groceries | 8 Mar 2017 | $10M | not disclosed | Global Founders Capital and Intel Capital |
| Groceries | 10 Jul 2017 | $10M | not disclosed | GGV Capital |
| Groceries | 6 Jul 2017 | $8.5M | not disclosed | Kalaari Capital |
| Groceries | 1 Aug 2017 | $10M | not disclosed | Wamda Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Gopuff raise in its Series A round?
Gopuff raised $8.3M in its Series A round, announced in Aug 2016.
Which investors took part in Gopuff's Series A round?
Anthos Capital.
What was Gopuff's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Groceries?
6 Series A rounds in Groceries within a year either side disclosed an amount; the median was $10M, and this round was 83% of the median.
Did Gopuff raise again after this round?
Yes: a Growth round in Oct 2020 of $380M at $3.90B post-money.