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Tiger Global Backs PopUp Bagels at $300 Million Valuation
Charles Gorrivan
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⚡ Quantum Brief
Tiger Global has invested in PopUp Bagels at a $300 million valuation, per insiders, marking a major bet on the fast-growing food-tech startup.
The valuation surged fivefold in just five months, reflecting explosive growth and investor confidence in the company’s scalable, on-demand bagel delivery model.
The deal underscores Tiger Global’s aggressive push into consumer-facing startups, diversifying beyond its traditional tech and fintech focus.
PopUp Bagels leverages proprietary logistics and AI-driven demand forecasting to disrupt the quick-service restaurant sector.
The funding round signals broader investor appetite for hyper-local, asset-light food brands amid shifting consumer dining habits.
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Tiger Global has agreed to invest in PopUp Bagels at a $300 million valuation, according to people familiar with the matter — roughly five times what the startup was quoted at as recently as five months ago.
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Source: Bloomberg
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