Gopuff to Buy Siemens-Backed RideOS in $100 Million-Plus Deal

Source: Gopuff

Lock
This article is for subscribers only.

Delivery startup Gopuff is buying software firm RideOS, which is backed by Sequoia Capital and Siemens AG, according to a statement reviewed by Bloomberg News.

Gopuff is paying $115 million in cash and stock, according to a person familiar with the matter, who asked not to be identified because the deal terms are private. RideOS was valued at $180 million in its latest funding round, the person added. Siemens’ venture capital arm Next47 is one of its backers.