The delivery service sector includes a diverse group of global companies. This list covers 14 startups from various countries, including China, the United States, and India.
Leading the group is Alibaba's local services company with a $30B valuation. Other major players like Gopuff and CloudKitchens are valued at $15B each, while newcomers like Zepto, founded in 2021, show rapid market entry.
Below is the full list of 14 Delivery Service unicorn startups at this time.
Top 10 Most Valuable Delivery Service Unicorns
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Get the Sheet for $50Alibaba Bendi Shenghuo Fuwu Gongsi operates the on-demand service platforms Ele.me and Koubei. Together, these platforms connect millions of Chinese consumers to local restaurants, food delivery, and other services.
| Valuation | $30B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2018 |
| Founders | Mohd Fairuz Razi bin Sharuddin |
| Funding Amount | $4B |
| Company Size | No Data |
| Last Funding Status | Private Equity |
| Top Investors | SoftBank Vision Fund, Ant Group, Primavera Capital Group, Alibaba Group |
Gopuff built an on-demand delivery service that brings thousands of everyday items to customers within minutes. The platform functions like a mobile convenience store, offering everything from snacks and drinks to household goods and over-the-counter medicine.
| Valuation | $15B (Joined October 2020) |
| Headquarters | Philadelphia, Pennsylvania, United States |
| Year Founded | 2013 |
| Founders | Rafael Ilishayev, Yakir Gola |
| Funding Amount | $3.4B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Valor Equity Partners, Fidelity, Accel, Adage Capital Management, Headline |
CloudKitchens builds smart kitchen spaces designed specifically for delivery-only restaurants. Their ghost kitchen model allows food operators to expand their delivery business with far less capital than a traditional restaurant requires.
| Valuation | $15B |
| Headquarters | Los Angeles, California, United States |
| Year Founded | 2016 |
| Founders | Diego Berdakin, Sky Dayton, Travis Kalanick |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | King Street Capital Management, Marco Valta, Microsoft, Craft Ventures, Saudi Arabia's Public Investment Fund |
Zepto built a quick-commerce platform that delivers groceries and daily essentials in just a few minutes. They are recognized for their network of dark stores which makes these ultra-fast delivery times possible.
| Valuation | $7B (Joined August 2023) |
| Headquarters | Parel, Maharashtra, India |
| Year Founded | 2021 |
| Founders | Aadit Palicha, Kaivalya Vohra |
| Funding Amount | $2.6B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series H |
| Top Investors | General Catalyst, Goodwater Capital, Y Combinator, Lightspeed Venture Partners, Nexus Venture Partners |
Ninja has developed a quick commerce app for delivering groceries and other daily essentials from local dark stores. They specialize in ultra-fast service, promising to get orders to customers' doorsteps in minutes.
| Valuation | $2B (Joined July 2025) |
| Headquarters | Riyadh, Ar Riyad, Saudi Arabia |
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $254M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | VII Ventures, Bunat Ventures, Riyad Capital, ALTIA Investment, Tamasuk Al Rajhi |
CircleCI builds a continuous integration and delivery platform that automates development workflows for software teams. Their tools help engineering teams release code with confidence by automating the build, test, and deployment process.
| Valuation | $2B (Joined May 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2011 |
| Founders | Allen Rohner, Paul Biggar |
| Funding Amount | $315M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | SV Angel, IVP, Industry Ventures, Sapphire Ventures, 500 Global |
Xpressbees runs an end-to-end logistics and supply chain platform for businesses across India. They offer a wide range of services, from express B2C and B2B delivery to cross-border and third-party logistics.
| Valuation | $2B (Joined February 2022) |
| Headquarters | Pune, Maharashtra, India |
| Year Founded | 2015 |
| Founders | Amitava Saha, Supam Maheshwari |
| Funding Amount | $622.3M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series G |
| Top Investors | Norwest, Vertex Ventures, Investcorp, New Enterprise Associates, Elevation Capital |
Loggi built a technology-powered logistics network that connects all of Brazil. Their platform offers a range of delivery and shipping solutions for e-commerce, businesses, and individuals.
| Valuation | $2B (Joined June 2019) |
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2013 |
| Founders | Arthur Debert, Eduardo Wexler, Fabien Mendez |
| Funding Amount | $507M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Microsoft, International Finance Corporation, Google, Fifth Wall, Dragoneer Investment Group |
Flash Express provides door-to-door pickup and delivery services through its integrated logistics and transportation network. They primarily support the e-commerce sector, offering reliable courier and freight solutions for online businesses.
| Valuation | $2B |
| Headquarters | Bangkok, Krung Thep, Thailand |
| Year Founded | 2017 |
| Founders | Di Weijie, Komsan Lee |
| Funding Amount | $781M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series F |
| Top Investors | SCB 10X, Cloud Angel Fund, Krungsri Finnovate, TCP Capital, Gaorong Capital |
Porter runs a tech-enabled logistics platform for businesses looking to streamline last-mile and on-demand deliveries. They connect companies with a large network of drivers and vehicles, making it simple to transport goods within a city.
| Valuation | $1.2B (Joined May 2024) |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2014 |
| Founders | Pranav Goel, Uttam Digga, Vikas Choudhary |
| Funding Amount | $356.9M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Kedaara Capital, Tiger Global Management, Peak XV Partners, Lightrock, Wellington Management |
The Remaining 4 Delivery Service Unicorns
The biggest names get most of the attention, but the delivery boom is a global one. Companies from India to the Czech Republic have raised over $3 billion combined to join the unicorn club. Each one is tackling a different market, from groceries to fresh meat delivery. Below are the other delivery startups that have earned their unicorn status.