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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.

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