The round, which totals $8.25m, was led by existing investor Anthos Capital.
The company intends to use the funds to conduct marketing initiatives grow operations and expand into new markets. It is launching in Portland, OR, and Houston, TX, in June, and Minneapolis, MN, and Nashville, TN, over the next few months, with future plans to roll out in at least seven additional cities by the end of 2016.
Co-founded in 2013 by Rafael Ilishayev and Yakir Gola, two Drexel University undergraduates, goPuff operates an on-demand convenience store delivery service that today warehouses more than 3,000 products including snacks, drinks, ice cream, home goods, beer and electronics delivered in 30 minutes or less.
The company serves nine U.S. markets including New York City; Washington DC; Boston, MA; Austin, TX; Denver, CO; Seattle, WA; Phoenix, AZ; Chicago, IL; and Philadelphia, where it operates 40,000-square-foot warehouse headquarters.
FinSMEs
03/06/2016