Wonderful more than doubles its valuation to $5B in under 6 months

Wonderful has secured $550M in Series C funding, bringing its valuation to $5B. This round was led by Insight Partners, with participation from Salesforce, Index Ventures, IVP, Vine Ventures, 9Yards, and Bessemer. The company's valuation more than doubled in under six months, following a $150M round at $2B. Founded eighteen months ago, Wonderful is described as an Israeli company, although its press release is datelined Amsterdam. The funding marks significant growth for the technology firm.