Wonder hires CFO ahead of potential 2027 IPO. Marc Lore has built a vertically integrated food delivery network including food halls, a makeline manufacturer and Grubhub. Now, he wants to take it public. Published March 24, 2026 Wonder has hired Gabrielle Rabinovitch to help the food delivery platform get ready for an initial public offering as soon as 2027, the company confirmed to Restaurant Dive. The company is currently focused on "developing the infrastructure, leadership, and governance to ensure the business is IPO-ready by early-2027," a spokesperson confirmed in an email to Restaurant Dive. The spokesperson said Rabinovitch's hiring was a "significant milestone towards realizing Wonder's longterm vision." Rabinovitch served as CFO at Worldpay, a major payments processor, for about two years, according to her LinkedIn Profile, and spent almost eight years at PayPal, rising to acting CFO of the firm. Since pivoting from a restaurant-in-a-van model to a food hall system, Wonder has raised considerable capital and expanded its food hall footprint dramatically. The company said it recently reached 100 units and plans to hit 200 by year's end, according to a press release about its Texas market entry. CEO and founder Marc Lore told Bloomberg that Wonder had raised about $2 billion as of early 2025, and subsequently drew in more cash with plans for another funding round before its IPO. All that money has supported a spree of major acquisitions. Wonder paid $650 million for Grubhub in 2024; bought a kitchen tech company called Spyce from Sweetgreen for $186 million in cash and equity last year; and snapped up Blue Apron for $103 million in 2023. The company paid undisclosed sums for fast casual brand Blue Ribbon Chicken and Claim, a restaurant loyalty and customer acquisition app, earlier this year. This run of transactions gives Lore a set of potentially complementary businesses, but may prove a challenge to effectively integrate ahead of an IPO.

Wonder expands in montgomery county: A strategic shift for delivery hubs. Wonder is accelerating its footprint in Maryland with a new location in Germantown. This move marks a significant shift in how delivery-first restaurant groups are repurposing prime retail real estate to serve as both dine-in destinations and high-efficiency delivery hubs. The company is taking over a storefront at 20936 Frederick Road, a space once slated for an Amazon 4-star store. This transition highlights a growing trend where tech-driven food brands fill the gaps left by traditional retail. Wonder does not operate like a standard food hall where different vendors work independently. Instead, they use a centralized kitchen model. They partner with established restaurant brands and world-class chefs to recreate their menus under one roof. For major food delivery platforms and restaurant chains, this model represents a unique competitive threat. Customers can order from several different restaurant concepts within a single order. This solves the "veto vote" in households where everyone wants something different. By acting as both a dine-in destination and a delivery hub, Wonder maximizes the utility of its physical space. This efficiency allows for faster delivery times and better control over the customer experience compared to traditional third-party delivery models. Understanding these expansions requires more than just reading local news. When a brand like Wonder enters a market, they change the local QSR penetration and delivery dynamics overnight. Businesses need to track these physical openings to understand how their delivery radius might be affected or where new gaps in the market are appearing. Without granular data on new storefronts, companies are often left reacting to competition rather than anticipating it. Winning the local expansion race. To stay competitive, directors and executives must have a proactive view of the real estate landscape. Knowing exactly where and when a competitor is moving into a neighborhood allows you to adjust marketing spend and logistics strategies before you lose market share. You can stay ahead of these market shifts by monitoring the New Openings Feed to track competitor movement in real-time. If you want to learn how data intelligence can give your platform a competitive edge, please contact its team today.

Grubhub, Wonder, Dexa launch 1st drone food delivery program in New Jersey. Photo: Dexa March 12, 2026 Grubhub, Wonder and Dexa will launch a drone delivery test program, beginning March 18, bringing delivery innovation to customers in New Jersey for the first time, according to a press release. The three-month test program marks the first instance of drone food delivery in the Northeast. The collaboration involves Dexa's DE-2020, a domestically assembled aircraft, to transport meals directly to homes. Dexa is one of few U.S. companies operating with FAA Part 135 Air Carrier certification and approval to operate beyond visual line of sight in dense metro areas, according to the release. Participants in the program will see no additional delivery fees and faster delivery times compared to traditional methods. "Consumers want delivery that's faster and more reliable - and this collaboration shows what's possible when industry innovators come together," Beth Flippo, CEO of Dexa, said in the release. "This service is a glimpse into the future of how autonomous technology will help restaurants and retailers serve customers at a completely new level." Flippo noted New Jersey provides a unique environment for the technology. "Having grown up and lived in the New York area for many years, this launch feels especially personal for me," Flippo said in the release. "Dense, highly active regions like New Jersey highlight both the challenges and the opportunity for last-mile logistics. It's where autonomous delivery can truly change the game by reducing congestion and creating a faster, more seamless customer experience." The program is designed to help partners move toward real-world operations and optimize workflows for airborne logistics at scale. "This collaboration reflects our shared commitment to innovation and to delivering experiences customers truly love," Joe Houghton, chief operating officer of Dexa, said in the release. "Drone delivery gives us the opportunity to reimagine what great delivery feels like - not just faster, but better - where meals arrive at your home with the freshness and quality you'd expect straight from the kitchen." As Dexa expands its partnership program, the company aims to help various enterprise operators transition toward autonomous fulfillment. "We've reached a point where drone delivery is no longer just about testing what's possible - it's about building what comes next," Flippo said in the release. "With the regulatory foundation in place, growing operational momentum, and strong collaboration partners, we're ready to help organizations begin operating and scaling autonomous delivery. Any enterprise looking to shape the future of fulfillment should be part of this next phase."