Gopuff today announced it has raised $250 million in new funding led by Eldridge Industries and Valor Equity Partners, with participation from Baillie Gifford, Equalis Capital, George Ruan, Robinhood, Yakir Gabay, and Gopuff’s co-founders, among others. This announcement comes as Gopuff enters its strongest financial position in company history, fueled by record revenue, contribution profit, and sustained core business growth.
The funding round, which includes participation from both new and long-standing investors, underscores the power of Gopuff’s vertically integrated business model, the company’s strong performance, and its mission to transform the future of shopping.
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A New Phase of Growth
Gopuff has built and scaled the largest instant fulfillment network in the U.S. and U.K., powered by proprietary technology, hyper-local infrastructure, and operational excellence. With its unique ability to enable truly instant delivery at scale, Gopuff is well positioned to capitalize as consumer demand for speed continues to grow.
The new capital will accelerate its investment in AI, consumer experience, and infrastructure expansion, building on Gopuff’s momentum as customers turn to the platform more than ever.
“Gopuff has built a resilient business that has outlasted every competitor in the instant-commerce space – a testament to their unique model, focus on unit economics, and commitment to relentless innovation,” said Todd Boehly, Chairman of Eldridge Industries. “We are proud of our long-standing partnership with Yakir, Rafael, and the Gopuff team and look forward to supporting them as they continue to set the standard for customer satisfaction in the category.”
Strategic Investments & Strong Results
Over the past year, Gopuff has delivered new innovation, expanded its assortment, and strengthened customer engagement, driving ongoing gains in order frequency and retention:
- Developed new AI-powered technology to improve delivery speed, personalization, and customer experience
- Expanded fresh grocery and everyday essentials
- Powered rapid growth of the Gopuff FAM membership program
- Launched acceptance of SNAP EBT payments nationwide
- Forged high-impact, strategic partnerships across retail, entertainment, and consumer brands
Having established itself as the leader in instant commerce, some of the world’s largest brands, including Starbucks, Disney, Amazon, and Tom Brady, are now tapping into Gopuff’s platform to reach their customers with new products and experiences in as fast as 15 minutes.
“This milestone reflects the incredible hard work and execution of our team,” said Yakir Gola, co-CEO and co-founder of Gopuff. “The team has built meaningful momentum across the business. We’re back on offense, and we’re just getting started. The future is bright as we keep raising the bar for our customers.”
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