GoPuff secured $5 million in funding to close out its Series A round for an aggregate raise of $8.25 million.
The on-demand convenience store delivery service said the $5 million raise was led by existing investor Anthos Capital and that the new funding would allow it to expand into new markets.
The Philadelphia, Pa.-based firm currently delivers mostly home goods, snacks and drinks in 30 minutes or less. It doesn’t offer apparel items, but it does deliver some personal-care items such as deodorant, shampoo and soap. Its current markets include New York; Washington, D.C.; Boston, Mass.; Seattle, Wash., and Chicago, Il.
The start-up was cofounded in 2013 by Rafael Ilishayev and Yakir Gola. The service initially delivered 50 basic products, and became an on-demand delivery service in 2014. Although there is a main 40,000-square-foot warehouse headquarters in Philadelphia, the firm also has local warehouses in the cities where it has operations. GoPuff said many of its customers are college students and Millennials.