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Delivery service Gopuff acquires rideOS for $115 million

On-demand goods, food and alcohol delivery service Gopuff has acquired fleet management platform rideOS for $115 million, sources familiar with the deal say. This acquisition comes just a few months after the Philadelphia-based startup announced a $1.15 billion funding round at a $8.9 billion valua…

  • Posted on 31st Aug, 2021 08:52 AM
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Delivery service Gopuff acquires rideOS for $115 million Image

On-demand goods, food and alcohol delivery service Gopuff has acquired fleet management platform rideOS for $115 million, sources familiar with the deal say.

This acquisition comes just a few months after the Philadelphia-based startup announced a $1.15 billion funding round at a $8.9 billion valuation, up from $3.9 billion in October. Last fall, the company also raised $380 million and bought BevMo, a beverage retailer. Gopuff did not share its updated valuation with this new acquisition.

Gopuff provides delivery of everything from cleaning and pet products to over-the-counter medication and food in more than 650 U.S. cities, charging $1.95 for delivery that happens in 30 minutes or less and is available either very late or even 24/7.

This will be incredibly important as the company looks to expand into New York this year, a place where residents expect high rent prices to come with the opportunity to have anything from hummus to diapers delivered at 4 a.m. Speaking of diapers, Gopuff told TechCrunch it has just doubled its baby category and added hundreds of new local products, and that it has expanded to delivering beauty products and “better-for-you” products, which seem to be a mix of organic stuff and healthier snacks.

Delivery service Gopuff acquires rideOS for $115 million View Story

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