Zipline revenue and valuation
Specter estimates Zipline's annual revenue at $430M to $1.85B and its valuation at $17.9B to $25.9B. The company was priced at $21.5B in November 2026.
- Estimated revenue
- $430M–$1.85B
- Estimated valuation
- $17.9B–$25.9B
- Total funding
- $3.62B
- Founded
- 2014
- Headquarters
- South San Francisco, United States
- Employees
- 1,964
Zipline revenue
Specter's model puts current revenue between $430M and $1.85B.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $1.14B | $430M | $1.85B | ||
| $770M | $320M | $1.22B | ||
| $1.19B | $600M | $1.79B | ||
| $1.12B | $550M | $1.69B | ||
| $1.09B | $520M | $1.65B | ||
| $1.1B | $550M | $1.64B | ||
| $1.08B | $550M | $1.61B | ||
| $1.04B | $550M | $1.53B | ||
| $1.04B | $540M | $1.54B | ||
| $960M | $510M | $1.41B | ||
| $830M | $510M | $1.15B | ||
| $860M | $510M | $1.2B | ||
| $850M | $550M | $1.16B | ||
| $850M | $550M | $1.16B | ||
| $780M | $510M | $1.04B | ||
| $690M | $310M | $1.07B | ||
| $840M | $520M | $1.16B | ||
| $850M | $540M | $1.16B | ||
| $840M | $520M | $1.16B | ||
| $790M | $480M | $1.1B | ||
| $770M | $450M | $1.09B | ||
| $800M | $450M | $1.15B | ||
| $810M | $480M | $1.14B | ||
| $810M | $480M | $1.14B | ||
| $810M | $480M | $1.14B | ||
| $820M | $480M | $1.15B | ||
| $920M | $490M | $1.35B | ||
| $920M | $500M | $1.35B | ||
| $920M | $500M | $1.34B |
Zipline valuation
Zipline's valuation rose from $620M at its Series C in March 2018 to $21.5B at its Series I in November 2026. Specter's live estimate sits between $17.9B and $25.9B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $21.5B | $17.9B | $25.9B | ||
| $12.8B | $10.6B | $15.4B | ||
| $7.6B | $6.32B | $9.14B | $7.6B (press) | |
| $8.22B | $6.62B | $10.2B | ||
| $8.9B | $7.23B | $10.9B | ||
| $9.63B | $7.91B | $11.7B | ||
| $10.4B | $8.61B | $12.6B | ||
| $11.3B | $9.37B | $13.6B | $11.3B (press) | |
| $9.25B | $7.64B | $11.2B | ||
| $7.6B | $6.32B | $9.14B | $7.6B (round) | |
| $7.48B | $5.65B | $9.88B | ||
| $7.35B | $5.58B | $9.69B | ||
| $7.23B | $4.74B | $11B | ||
| $7.11B | $4.85B | $10.4B | ||
| $7B | $4.68B | $10.5B | ||
| $6.88B | $4.59B | $10.3B | ||
| $6.77B | $4.59B | $9.98B | ||
| $6.66B | $4.76B | $9.32B | ||
| $6.55B | $4.73B | $9.07B | ||
| $6.44B | $4.63B | $8.96B | ||
| $6.34B | $4.61B | $8.71B | ||
| $6.23B | $4.57B | $8.5B | ||
| $6.13B | $4.57B | $8.23B | ||
| $6.03B | $4.63B | $7.85B | ||
| $5.93B | $4.61B | $7.63B | ||
| $5.83B | $4.64B | $7.33B | ||
| $5.74B | $4.63B | $7.11B | ||
| $1.33B | $730M | $2.77B | ||
| $1.35B | $730M | $2.7B | $5.55B (round) |
Zipline funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series I | $1.5B | $21.5B | Paradigm, Layer Global, WCM Investment Management | |
| Corporate round | Undisclosed | Undisclosed | Uber | |
| Series H | $800M | $7.6B | Tiger Global Management, Fidelity | |
| Grant | $150M | Undisclosed | U.S. Department of State | |
| Series G | $350M | $5.55B | Scottish Mortgage Investment Trust | |
| Series F | $330M | $4.2B | Undisclosed | |
| Series E | $250M | $2.75B | Katalyst Ventures, Temasek, Baillie Gifford | |
| Secondary | $8M | Undisclosed | Undisclosed | |
| Venture round | Undisclosed | Undisclosed | Undisclosed | |
| Series D | $120M | $1.2B | The Rise Fund | |
| Series C | $70M | $620M | Katalyst Ventures | |
| Series B | $25M | Undisclosed | Visionnaire Ventures | |
| Series A | $18M | Undisclosed | Visionnaire Ventures, Sequoia Capital | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Seed | Undisclosed | Undisclosed | Undisclosed | |
| Seed | Undisclosed | Undisclosed | Undisclosed |
Zipline competitors
The autonomous delivery market splits between specialized drone providers and conventional high-speed courier aggregators.
| Company | Revenue | Valuation |
|---|---|---|
| $430M–$1.85B | $17.9B–$25.9B | |
| $120M–$530M | $320M–$1.74B | |
| $3.7M–$26M | $36M–$150M | |
| $2.9M–$23M | $129M–$350M | |
| $1M–$11M | $44M–$310M |
Zipline revenue and valuation FAQ
What is Zipline's revenue?
Specter estimates Zipline's annual revenue at $430M to $1.85B as of October 2026.
What is Zipline's valuation?
Zipline's latest post-money valuation is $21.5B, from a November 2026 Series I. Specter's live estimate is $17.9B to $25.9B.
How much funding has Zipline raised?
$3.62B across 16 rounds, from a Seed in August 2011 to a $1.5B Series I in November 2026.
Who invested in Zipline?
55 investors, including Fidelity, Layer Global, Paradigm, Tiger Global Management, Uber and WCM Investment Management.
Who are Zipline's competitors?
Wing, Flytrex, Manna Air Delivery and Matternet. Specter ranks 30 competitors for Zipline.