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Zipline Funding Rounds & Valuation History (2019–2026)

Private Valuation & Funding Round Tracker · Zipline

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.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 6 Currency: US$, nominal
Last closed round Closed
$21.5B
$1.5B Growth round (Nov 2026)
Raised in rounds listed
$3.07B
Sum of 6 closed rounds with a disclosed amount (GNF calc.)
Largest round
$1.5B
Growth round (Nov 2026)
Closed rounds listed
6
May 2019 to Nov 2026

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.

Showing 6 of 6 rows
Zipline funding rounds, May 2019 to Nov 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
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
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

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.

  1. 17 May 2019 · Closed

    Growth round (2018–19 closes): $190M at $1.2B led by Baillie Gifford, The Rise Fund (TPG).

  2. 30 Jun 2021 · Closed

    Series E: $250M at $2.75B led by Baillie Gifford.

  3. Apr 2023 · Closed

    Series F: $330M at About $4.2B.

  4. 21 Jan 2026 · Closed

    Series H: Over $600M at $7.6B.

  5. 23 Mar 2026 · Closed

    Series H extension: $200M.

  6. 5 Nov 2026 · Closed

    Growth round (Nov 2026): $1.5B at $21.5B led by Paradigm, WCM Investment Management.

Still private: Zipline has not filed for an IPO and has not been acquired. Its Nov 2026 round was a private raise led by Paradigm, WCM and Layer Global.

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)
⬇ Download CSV

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

  1. Zipline: Zipline Raises $1.5 Billion to Build Nationwide Drone Delivery Network, 5 Nov 2026
  2. TechCrunch: Zipline hits $21.5B valuation as Walmart expands bet on drone delivery, 5 Nov 2026
  3. TechCrunch: Zipline snaps up another $200M to fuel its drone delivery expansion, 23 Mar 2026
  4. Zipline: Zipline Surpasses 2 Million Deliveries, Raises More than $600M to Power Next Phase of Growth, 21 Jan 2026
  5. TechCrunch: Zipline charts drone delivery expansion with $600M in new funding, 21 Jan 2026
  6. Reuters: Zipline soars to $7.6 billion valuation on US drone delivery bets, 20 Jan 2026
  7. Forbes: Drone Delivery Startup Zipline Boosts Valuation To $4.2 Billion, 28 Apr 2023
  8. FreightWaves: Drone delivery firm Zipline raises $330M at $4.2B valuation, 2 May 2023
  9. TechCrunch: Zipline raises $250M at $2.75B valuation to build out its instant logistics service, 30 Jun 2021
  10. CNBC: Zipline, which delivers lifesaving medical supplies by drone, now valued at $1.2 billion, 17 May 2019
  11. TechCrunch: Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones, 17 May 2019