Wonder has raised $350 million in Series B funding. According to The Wall Street Journal, the company's value has increased. The funding round included participation from a number of companies. Wonder has raised debt and equity to the tune of $900 million.
Popular chefs are partners with the startup to create exclusive menu items. Users can place an order from a mobile restaurant. Wonder's website states that your order is cooked and plated just steps away from your door and served as soon as it's ready.
Wonder is now available in 22 towns in New Jersey and serves over 130,000 households, according to a post on the website. Wonder has created 19 mobile restaurants since the platform launched. The company has worked with many famous chefs.
The new funding will be used to expand within the tri-state area of New Jersey and Bergen County. Wonder is going to open 11 more restaurants, bringing its total to 30.
There is so much potential for exciting, new possibilities because of our innovative techniques, technology, world-class partnerships and talent. Wonder has a chance to completely change how people eat, but also to create a better future with access to the world's best food in a convenient, affordable and sustainable way.
Wonder plans to expand into new areas across the US by the year 2035, according to the Wall Street Journal. Wonder plans to add ready-to-heat meals and meal- preparation kits to its delivery service.
In 2016 he sold Jet.com to Walmart for $3 billion in cash, making him a familiar face to the delivery market. Walmart's U.S. e- commerce operations were led by Lore after the acquisition.
The delivery market is coming down from its pandemic highs