Delivery Startup Gopuff to Raise Funds at $15 Billion Valuation

  • Blackstone is new investor in company started by students
  • Startup’s valuation rises from $8.9 billion earlier this year
Credit: Gopuff
Lock
This article is for subscribers only.

Fast-growing delivery startup Gopuff is close to raising a $1 billion funding round valuing it at $15 billion, according to a person familiar with the matter.

Blackstone Group Inc., a new investor in the company, is participating in the funding round, said the person, who asked not to be identified because the matter is private. Existing investor Fidelity will also be a part of the round, the person said.