Funding round
Wonder Growth
Reported as "Growth Equity"
Wonder, which works in multi-cuisine food marketplace services in New York, raised $600M in a Growth round announced on 6 May 2025, led by New Enterprise Associates, at a $7.00B post-money valuation. 5 firms took part, 4 of them already investors. It is Wonder's fifth venture round on record; the one before was a Growth in Nov 2024.
$600M
Amount raised
$7.00B
Post-money valuation
$6.40B pre-money
5
Investors
1 lead
2.0x
Step-up from the Series B
$3.50B in Jun 2022
8.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Wonder at $7.00B after the new money, 2.0 times the $3.50B of its Series B (Jun 2022). The $600M bought investors about 8.6% of the company. It came 6 months after Wonder's Growth. It is 23% of the $2.56B Wonder has raised in the venture rounds on record. Wonder raised again 14 months later: a Series D round of $650M in Jul 2026, at $9.00B post-money.
Wonder's funding rounds
Wonder has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
New Enterprise Associates led the round with 4 other firms. New Enterprise Associates, Accel, GV and Forerunner had backed Wonder before.
Lead investor
- New Enterprise Associates backs 286 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations and working capital.
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Food delivery, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Food delivery | 25 Jul 2025 | $22M | $540M | Tiger Global |
| Food delivery | 19 Nov 2025 | $250M | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 20 May 2025 | $2.10B | $32.00B | Bain Capital |
| Insurance - Agents, Carriers & Brokers | 13 May 2025 | $1.60B | $29.00B | T Rowe Price and Alpha Wave Global |
| Grammarly Tech Companies | 29 May 2025 | $1.00B | not disclosed | General Catalyst |
| Genetic Pharmaceutical Products | 20 May 2025 | $770M | not disclosed | not named |
| Jane Tech Companies | 29 May 2025 | $500M | $1.80B | Technology Crossover Ventures |
| Jane General Retail & Merchandise | 26 May 2025 | $500M | $1.80B | Technology Crossover Ventures |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Wonder raise in its Growth round?
Wonder raised $600M in its Growth round, announced in May 2025.
Who led Wonder's Growth round?
New Enterprise Associates led it, with Accel, GV, Forerunner and Amex Ventures.
What was Wonder's valuation at the Growth round?
$7.00B post-money ($6.40B pre-money).
Did Wonder raise again after this round?
Yes: a Series D round in Jul 2026 of $650M at $9.00B post-money.