Bob Iger Invests in Fast-Delivery Company Gopuff

variety.com:

Todd Spangler NY Digital EditorBob Iger, Disney’s former CEO and chairman, is now a part-owner of Gopuff, a company that provides quick-delivery services in 1,200 cities worldwide that counts Selena Gomez among its investors.The amount of Iger’s investment in Gopuff wasn’t disclosed.

He will become an adviser to the company’s co-founders and co-CEOs Yakir Gola and Rafael Ilishayev and the rest of the executive team to “help deepen Gopuff’s consumer engagement and growth globally,” according to a statement.Gopuff, founded in 2013, says it has raised $4 billion to date — and has a $15 billion valuation.

Other investors include Blackstone’s Horizon, Guggenheim Investments, Hedosophia, MSD Partners, Adage Capital, Fidelity, Softbank, Atreides Management, and Eldridge. “It’s been exciting to spend time with Gopuff leadership learning about the company, the founders, and their aspirations,” Iger said in a statement. “I am excited to advise, mentor, and support the executive team as they continue building a company uniquely designed for how consumers are changing and growing.

I believe consumer commerce will be very different in the near future and Gopuff is building the platform to power it.”Iger stepped down as Disney’s CEO in 2020, succeeded by Bob Chapek, and his tenure as as executive chairman ended at the end of last year.Along with his investment in Gopuff, Iger recently joined as an investor in collectibles company Funko, as part of a group led by Chernin Group that acquired at $263 million stake.“Bob Iger is one of the most important and visionary business leaders of this generation.