Wonder has secured $650 in Series D funding at a pre-money valuation of $9 billion, the company said Thursday in a press release. The pre-money valuation was what the company was worth prior to the latest investment round.
The food technology firm originally informed the U.S. The Securities and Exchange Commission that it was raising $600 million. Since 2021, the company has raised over $3 billion, including about $600 million in a 2025 funding round.
Wonder, which owns Blue Apron and Grubhub, has indicated that it is preparing to go public within a year or two.
The higher than expected funding round indicates continued interest from investors in the fast-growing company, which has tripled its footprint from 46 to 140 locations since May 2025, when it announced the previous funding round.
The current funding round includes participation from existing investors Accel, Google Ventures and New Enterprise Associates, as well as new investors Kayne Anderson Rudnick Investment Management, ARK Invest and funds managed by AllianceBernstein, according to the press release.
The latest investment will help fund Wonder’s ongoing expansion, marketplace growth and investments in technology, robotics and artificial intelligence.
“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,” Marc Lore, founder and CEO of Wonder, said in a statement. “This funding allows us to accelerate that mission.”
Wonder builds food halls with multiple concepts in one location. Guests can complete one order with dishes from across these brands.
The company is using Infinite Kitchen, which it acquired from Sweetgreen last year, to deepen its use of robotics. Infinite Kitchen is the only fully automated bowl-making system in commercial production, the company claimed. Wonder recently partnered with Zipline to bring drone delivery to select restaurants in Texas within the next year.
Wonder appointed former Chipotle CFO Jack Hartung to its board earlier this week.
