Marc Lore’s Food-Delivery Startup Wonder Is Valued at $3.5 Billion After Capital Raise

Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand the business at a time when the venture-capital market is cooling.

New York-based Wonder closed a $350 million funding round last month, according to company officials, bringing the total amount raised in debt and equity over the past year to $900 million.