Marc Lore, the serial entrepreneur who sold Jet.com to Walmart for $3.3B and then decided the food industry needed disrupting too, is writing a $200 million personal check into his own company. Wonder, the food technology platform that now owns both Grubhub and Blue Apron, is raising hundreds of millions at a $9 billion valuation in what could be its final private funding round.
The reason it might be the last? Lore has told staff that an IPO could come as early as 2027.
From virtual food halls to a $9B empire
Wonder raised $600 million in 2025 at a valuation exceeding $7 billion. Now it’s back for more at $9 billion, a roughly 28% jump in implied value.
Total funding raised by the company has now surpassed $2.5 billion. The investor roster includes NEA, Google Ventures, Accel, and Bain Capital Ventures.
