Wonder Group, the food delivery startup founded by serial entrepreneur Marc Lore, announced it has confidentially filed for an initial public offering in the U.S. The company has not determined how many shares it will offer or the proposed price range. The confidential filing lets Wonder begin the SEC review process privately while it evaluates market conditions.
Wonder has raised over $3 billion in venture capital. It acquired Grubhub for $650 million and meal-kit service Blue Apron for $103 million. The company operates approximately 170 multi-restaurant food-hall locations. It was valued at $9 billion in a July 2026 funding round.
The IPO will test public market interest in Wonder’s capital-intensive, vertically integrated model, which competes with established players such as DoorDash and Uber Eats.