Mealtime Platform Wonder Raises $650M Series D Funding From Accel

The round saw the Backers Accel, GV, New Enterprise Associates, AllianceBernstein, ARK Invest, and Kayne Anderson Rudnick Investment Management.

The company will use the funding to expand its operations, grow its marketplace, and invest in new technology, robotics, and artificial intelligence.

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Wonder is changing the way people enjoy food by offering chef-created, made-to-order meals with a wide variety of choices, fast delivery, and convenient service at an affordable price. Its technology helps the company create, acquire, and grow restaurant brands on its platform.

In addition to its own restaurant brands, Wonder's marketplace offers delivery from hundreds of thousands of local restaurants and popular national chains across the US The company also provides at-home meal options, giving customers convenient choices for both immediate and future meals.

One of Wonder's biggest advantages is that customers can order food from multiple Wonder restaurant brands in a single order, making it easier to enjoy different meals at the same time.

The company is also expanding its use of robotics through its Infinite Kitchen, which includes a fully automated bowl-making system. This technology helps prepare food faster, improves efficiency, and increases the number of orders restaurants can handle.

"Wonder was founded with the mission to make great food more accessible," said Marc Lore, Founder and CEO of Wonder. "By building the technology, robotics and infrastructure behind a new kind of food platform, we're making high-quality food more affordable, more convenient and available to more people than ever before. This funding allows us to accelerate that mission."

"It's been exciting to watch the evolution of what Wonder is building — a fundamentally new way for people to access great food, at a level of quality and speed traditional players can't match," said Tony Florence, Co-CEO of NEA. "Our ongoing investment reflects our confidence in that model and in Marc's ability to continue executing at scale."

"Wonder is disrupting an industry that has been slow to change with the kind of scalable, innovative model that we look for across the ARK portfolio," said Cathie Wood, Founder, CEO and CIO of ARK Invest. "We believe Wonder's technology-forward platform is redefining the economics and experience of restaurant-quality food at scale and we're thrilled to support Marc and his team as they continue to execute on that vision."

About Wonder

Founded by Marc Lore, Wonder is a food technology company that makes high-quality meals more accessible. The company manages everything from recipe creation and kitchen technology to food preparation and delivery. By combining robotics, technology and delivery services, Wonder provides consistent, high quality meals quickly and at prices that traditional restaurants and delivery platforms often cannot match.

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