goPuff, a platform for consumers' everyday needs, has secured $1.15 billion in new funding, more than doubling its valuation to $8.9 billion.
Investors in the round include D1 Capital Partners, Fidelity Management and Research Company, Baillie Gifford, Eldridge, Reinvent Capital, Luxor Capital and SoftBank Vision Fund 1.
goPuff is a service that is replacing the need for convenience stores. The company warehouses and delivers thousands of products in 30 minutes or less to your door 24/7, for a flat $1.95 delivery charge. As the fastest and most affordable on-demand delivery option available in the market, goPuff takes convenience seriously, bringing you what you need, when you need it, operating from 12 PM to 4:30am in most cities and 24/7 in Philadelphia.
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