Gopuff, an instant delivery startup that received a $15 billion valuation last year, is reportedly seeking to raise as much as $300 million in new debt financing.
Delivery start-up Gopuff announced Wednesday that it’s bringing on former Disney CEO Bob Iger as an investor and advisor to the $15B company. Unlike other delivery companies, Gopuff has its own network of micro-fulfillment centers — mini, high-tech warehouses — stocked with inventory.
The $15 billion rapid-delivery start-up decided to do business differently from rivals like Instacart. A changing environment is testing its model.