Ex-Disney CEO Bob Iger invests in delivery startup Gopuff

Gopuff reported on Wednesday that Walt Disney’s former chief govt officer, Bob Iger, has invested in the supply startup and would be a part of the corporation as an adviser.

Gopuff, which presents immediate supply of an assortment of solutions which includes household care, medication, pet treatment, workplace provides, magnificence and wellness objects, did not disclose the sizing of Iger’s financial commitment.

“I consider customer commerce will be really distinct in the in close proximity to future and Gopuff is making the platform to power it,” Iger said in a statement.

Earlier this 12 months, Reuters had exclusively claimed that the SoftBank Group-backed company had hired investment decision banking companies to prepare for an first community giving in the United States. 

Gopuff noticed need explode for the duration of the COVID-19 pandemic as lockdowns limited individuals from venturing out.

Gopuff logo
Gopuff noticed desire explode for the duration of the COVID-19 pandemic.
SOPA Pictures/LightRocket via Gett
Bob Iger was Disney's CEO from 2005 to 2020.
Bob Iger was Disney’s CEO from 2005 to 2020.
WireImage

The firm operates in far more than 1,000 metropolitan areas in the United States and Europe, competing in a crowded current market with grocery shipping and delivery platforms this sort of as IPO-bound Instacart.

Ex-Disney CEO Bob Iger invests in delivery startup Gopuff

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