NEW YORK — Wonder, an operator of over 140 restaurants, Blue Apron meal kits and the Grubhub delivery service, has secured a $650 million Series D round at a pre-money valuation of $9 billion.
The round included participation from existing investors Accel, GV (Google Ventures) and New Enterprise Associates (NEA). New investors include funds managed by AllianceBernstein, ARK Invest and funds managed by Kayne Anderson Rudnick Investment Management.
Wonder operates proprietary kitchen technology and delivery innovation allow it to create, acquire, host and scale restaurant brands on its platform. Alongside its marketplace — which provides food for now through delivery from hundreds of thousands of local restaurants and beloved national brands nationwide — and its at-home meal solutions that offer food for later, Wonder strives to serve all meal occasions.
The funding will support Wonder’s continued physical expansion, marketplace growth, and investments in technology, robotics and artificial intelligence. It builds on Wonder’s momentum, with its footprint having tripled from 46 to 140 locations since its last funding announcement in May 2025. Each Wonder restaurant features food from multiple brands and cuisines in a single location.
“Wonder was founded with the mission to make great food more accessible,” said Marc Lore, Founder and CEO of Wonder. “By building the technology, robotics and infrastructure behind a new kind of food platform, we’re making high-quality food more affordable, more convenient and available to more people than ever before. This funding allows us to accelerate that mission.”
“It’s been exciting to watch the evolution of what Wonder is building — a fundamentally new way for people to access great food, at a level of quality and speed traditional players can’t match,” said Tony Florence, Co-CEO of NEA. “Our ongoing investment reflects our confidence in that model and in Marc’s ability to continue executing at scale.”
“Wonder is disrupting an industry that has been slow to change with the kind of scalable, innovative model that we look for across the ARK portfolio,” said Cathie Wood, Founder, CEO and CIO of ARK Invest. “We believe Wonder’s technology-forward platform is redefining the economics and experience of restaurant-quality food at scale and we’re thrilled to support Marc and his team as they continue to execute on that vision.”
One of Wonder’s core differentiators is its multi-restaurant ordering feature, which ensures that customers never have to compromise since they can select dishes from multiple Wonder restaurants in a single order. Additionally, Wonder’s Infinite Kitchen, which includes the only fully automated bowl-making system in live commercial production, deepens its robotics capabilities, transforms how food is prepared and served, and increases throughput in restaurants.
This round also builds on the momentum of several recent Wonder milestones, including a new partnership with Zipline — the world’s largest autonomous delivery service — to bring on-demand drone delivery to Texas locations starting next year, and the appointment of industry veteran Jack Hartung to its board of directors.
Goldman Sachs & Co. LLC, Jefferies and J.P. Morgan acted as placement agents in connection with the Series D funding
