Zipline funding rounds & valuation history
Zipline, the South San Francisco autonomous drone-delivery company that designs, builds and operates its own aircraft, launch and landing systems and logistics software. Funding from the Growth round (2018–19 closes) to the Growth round (Nov 2026), sourced to Zipline, TechCrunch, Reuters, Forbes, FreightWaves and CNBC.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Growth round (Nov 2026)Participation from Valor Equity Partners, Fidelity, Uber, Tiger Global, J.P. Morgan, ARK Invest and Salesforce Ventures. Zipline did not give a series letter. |
$1.5B |
Paradigm, WCM Investment ManagementWith: Layer Global |
$21.5BPost-money, stated by Zipline2.83× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series H extensionAdditional $200M with participation from Paradigm, taking the Series H to $800M (TechCrunch). No new valuation was given. |
$200M |
—Not disclosed |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series HInvestors included Fidelity, Baillie Gifford, Valor Equity Partners and Tiger Global; no lead named. Summed at $600M (Zipline said “more than”). Series H label from TechCrunch, 23 Mar 2026. |
Over $600M |
—Not disclosed |
$7.6BStated by Zipline (“After the round, Zipline is now valued at $7.6 billion”)1.81× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series FFirst reported by Forbes (paywalled; headline-only here). Zipline confirmed the Series F close but named no lead and gave no figures (FreightWaves quoting a Zipline spokesperson). |
$330M |
—Not disclosed |
About $4.2BReported by Forbes from a Delaware filing (about $4.2B); not stated by Zipline1.53× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series EReturning investors Temasek and Katalyst Ventures also took part (TechCrunch). |
$250M |
Baillie Gifford |
$2.75BReported by TechCrunch2.29× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Growth round (2018–19 closes)Two closes: $70M in spring 2018 and $120M in 2019 (CNBC). Earlier funding before 2018 ($35M) is not itemised. |
$190M |
Baillie Gifford, The Rise Fund (TPG) |
$1.2BReported by CNBC |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Zipline, TechCrunch, Reuters, Forbes. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 17 May 2019 · Closed
Growth round (2018–19 closes): $190M at $1.2B led by Baillie Gifford, The Rise Fund (TPG).
- 30 Jun 2021 · Closed
Series E: $250M at $2.75B led by Baillie Gifford.
- Apr 2023 · Closed
Series F: $330M at About $4.2B.
- 21 Jan 2026 · Closed
Series H: Over $600M at $7.6B.
- 23 Mar 2026 · Closed
Series H extension: $200M.
- 5 Nov 2026 · Closed
Growth round (Nov 2026): $1.5B at $21.5B led by Paradigm, WCM Investment Management.
Cite this dataset
Free to quote with a link back. Copy this citation:
Zipline Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/zipline/
Download the data
The same 6 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
zipline-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/zipline-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Funding before 2018 (about $35M, not itemised by round in authority sources), philanthropic and government programme funding, debt, and the possible $20M Series F-1 extension mentioned in the 2023 Delaware filing (not confirmed).
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (AI-50 batch, not yet published).
Sources
- Zipline: Zipline Raises $1.5 Billion to Build Nationwide Drone Delivery Network, 5 Nov 2026
- TechCrunch: Zipline hits $21.5B valuation as Walmart expands bet on drone delivery, 5 Nov 2026
- TechCrunch: Zipline snaps up another $200M to fuel its drone delivery expansion, 23 Mar 2026
- Zipline: Zipline Surpasses 2 Million Deliveries, Raises More than $600M to Power Next Phase of Growth, 21 Jan 2026
- TechCrunch: Zipline charts drone delivery expansion with $600M in new funding, 21 Jan 2026
- Reuters: Zipline soars to $7.6 billion valuation on US drone delivery bets, 20 Jan 2026
- Forbes: Drone Delivery Startup Zipline Boosts Valuation To $4.2 Billion, 28 Apr 2023
- FreightWaves: Drone delivery firm Zipline raises $330M at $4.2B valuation, 2 May 2023
- TechCrunch: Zipline raises $250M at $2.75B valuation to build out its instant logistics service, 30 Jun 2021
- CNBC: Zipline, which delivers lifesaving medical supplies by drone, now valued at $1.2 billion, 17 May 2019
- TechCrunch: Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones, 17 May 2019