Food delivery startup Wonder files for IPO as it explores its next big bite

Food delivery startup Wonder has filed for an initial public offering (IPO) after years of fundraising, acquisitions, and expansion. The company, founded in 2018 by Marc Lore, operates a food technology business with a model that includes food hall-style locations, meal preparation, delivery, pickup, and dine-in service. Wonder has raised over $650 million in a funding round in July, valuing the company at around $9 billion, with investors including Accel, GV, AllianceBernstein, and ARK Invest. The company has also acquired several companies, including Blue Apron, Grubhub, Tastemade, and Spyce, to expand its footprint and strengthen its business. Wonder aims to open over 100 locations in Texas by the end of 2027.