Zipline
About Zipline
Zipline is a Logistics startup based in South San Francisco, CA, United States that has raised $1.7B in venture capital across 4 funding rounds since 2014. The company reached Series H stage in March 2026 with a $800M round led by Valor Equity Partners at a $7.6B valuation. Zipline's investor base includes 16 institutional funds, with Valor Equity Partners leading the most recent equity round.
Zipline is a South San Francisco-based autonomous drone delivery company founded in 2014 by Keller Rinaudo Cliffton, Keenan Wyrobek, Ryan Oksenhorn, and William Hetzler. The company began commercial operations in 2016 delivering life-saving medical supplies such as blood and vaccines in Rwanda, and has since expanded its logistics network to five African countries, multiple U.S. states, and Japan. Zipline has surpassed two million commercial drone deliveries and now runs a direct-to-consumer Platform 2 service carrying up to eight pounds of cargo over a 10-mile radius, partnering with retailers including Walmart, Panera, Chipotle, Crumbl, Blaze Pizza, Wendy's, and Little Caesars. The company raised $600 million in January 2026, extended to $800 million in March 2026, at a $7.6 billion valuation, backed by Valor Equity Partners, Fidelity Management & Research Company, Baillie Gifford, Tiger Global Management, and Paradigm.
Zipline Funding Rounds Timeline
4 rounds · $1.7B raised · since 2014
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series H | March 2026 | $800M | $7.6B | Valor Equity Partners | Fidelity Management & Research Company, Baillie Gifford, Tiger Global Management, Paradigm |
| Series G | June 2024 | $350M | $5.2B | — | Sequoia Capital, Andreessen Horowitz, Baillie Gifford, Fidelity Management & Research Company, GV, Goldman Sachs, Temasek |
| Series F | April 2023 | $330M | $4.2B | Baillie Gifford | Temasek, Sequoia Capital, Andreessen Horowitz, GV, Katalyst Ventures, Emerging Capital Partners, Reinvent Capital |
| Series D | May 2019 | $190M | $1.2B | — | The Rise Fund, Baillie Gifford, GV, Katalyst Ventures, Temasek, Bright Success Capital, Goldman Sachs, Toyota Tsusho |
Investors in Zipline
16 institutional investors across 4 rounds
Lead investors
Co-investors
Recent news about Zipline
Questions about Zipline
How much has Zipline raised?
Zipline has raised $1.7B across 4 funding rounds since 2014.
Who are the investors of Zipline?
Zipline's investors include Valor Equity Partners, Baillie Gifford, Fidelity Management & Research Company, Tiger Global Management, Paradigm, Sequoia Capital, Andreessen Horowitz, GV, Goldman Sachs, Temasek, Katalyst Ventures, The Rise Fund, Emerging Capital Partners, Reinvent Capital, Bright Success Capital, Toyota Tsusho.
When was Zipline's last funding round?
Zipline's most recent round was a $800M Series H in March 2026, led by Valor Equity Partners.
What is Zipline's valuation?
Zipline reached a $7.6B valuation (unicorn status) with its Series H round in March 2026.
Where is Zipline headquartered?
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