Zipline Raises $200 Million Led By Fidelity Management Valued At $7.6 Billion

Zipline has raised an additional $200 million, bringing its recent Series H round to $800 million and valuing the company at $7.6 billion. The new capital, which includes participation from Paradigm alongside prior investors like Fidelity, Baillie Gifford, Valor Equity Partners, and Tiger Global, comes as the company accelerates its global drone delivery expansion. Founded in 2014 by CEO Keller Rinaudo Clifton, Zipline operates a full-stack autonomous logistics system, combining aircraft, infrastructure, and software to deliver medical supplies, food, and retail goods. The company, which began with blood deliveries in Rwanda, now operates across multiple countries and is rapidly scaling its U.S. presence, with new launches planned in cities like Houston, Phoenix, and Seattle. Recent growth in its home delivery service, driven by higher order frequency and larger basket sizes, is pushing the company to expand brand partnerships and infrastructure while continuing to build toward a globally distributed, on-demand delivery network.

FOUNDER: Keller Rinaudo Clifton

INVESTORS: Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, Tiger Global & Paradigm

AMOUNT: $200,000,000

VALUATION: $7,600,000,000

HQ: South San Francisco, California

#VentureCapital #Zipline #DroneDelivery #TradedVC