About Grocery Shopping Network
Grocery Shopping Network is a company based in Minneapolis (United States) founded in 1997 by Richard Andolshek. It operates as a B2B. Grocery Shopping Network has raised $8.05 million across 1 funding round from investors including VantagePoint Capital Partners. Grocery Shopping Network operates in a competitive market with competitors including Zenput, Silo, Dmall, Ocado Group and Vendasta, among others.
- Headquarter Minneapolis, United States
- Founders Richard Andolshek
- SectorsRetail
- Website groceryshopping.net
- Social X Facebook
- Total Equity Funding$8.05M (USD)
in 1 rounds
- Latest Funding Round$8.05M (USD), Series A
Aug 2007
- Investors
Funding Insights of Grocery Shopping Network
Grocery Shopping Network has successfully raised a total of $8.05M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.05 million completed in August 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.05M
- Total Rounds 1
- Last Round Series A — $8.05M
- First Round $8.05M
(Aug 2007)
- Investors Count 1
All 1 funding rounds of Grocery Shopping Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2007 | $8.05M | Series A | – | VantagePoint Capital Partners | – |
1 investors in total: 1 institutional.
Investors in Grocery Shopping Network
Grocery Shopping Network has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include VantagePoint Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | – | vpcp.com | Santa Barbara, United States |
Investor details for Grocery Shopping Network
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People of Grocery Shopping Network
2 people are tracked at Grocery Shopping Network (2 in leadership).
| Name | Role | Group |
|---|---|---|
Richard Andolshek | Ex-Co-Founder | Leadership |
Tinka Singh | Owner | Leadership |
Complete people profiles for Grocery Shopping Network
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Timeline of Grocery Shopping Network
2 dated milestones of Grocery Shopping Network across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Grocery Shopping Network is founded.
- Funding First funding round of $8.1M.
Competitors of Grocery Shopping Network
Grocery Shopping Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zenput, Silo, Dmall, Ocado Group and Vendasta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. | |
| usesilo.com | 2017 | San Francisco, United States | $44M | 56 | Software suite solutions are provided for food distributor businesses. | |
| dmall.com | 2015 | Budapest, Hungary | $518.5M | – | Cloud-based software suites are provided for retail businesses. | |
| ocadogroup.com | 2000 | Hatfield, United Kingdom | – | 20,132 | Software solutions for online grocery fulfillment and operations are provided. | |
| vendasta.com | 2008 | Saskatoon, Canada | $143.6M | – | All-in-one platform for companies selling digital solutions to local businesses | |
| arryved.com | 2015 | Boulder, United States | $27.94M | 93 | POS solutions are provided for bar and beverage industry. | |
| spscommerce.com | 1998 | Minneapolis, United States | $50.5M | 1,502 | Software suite solutions for retail supply chain are provided. | |
| getfabric.com | 2015 | Tel Aviv, Israel | $336M | – | AI-based robots are provided for logistics micro-fulfillment operations. | |
| darkstore.com | 2016 | San Francisco, United States | $30.17M | 97 | Outsourced fulfillment services are provided for digitally native brands. | |
| datasembly.com | 2014 | – | $35.28M | 79 | Pricing optimization solutions for grocery and retail products are provided. |
Detailed competitors of Grocery Shopping Network
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Grocery Shopping Network
Websites that share an audience with Grocery Shopping Network (groceryshopping.net).
Websites whose visitors overlap most with Grocery Shopping Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| morpace.com | 86% | – | – | View details | |
| marins.net | 66% | – | – | View details | |
| mywebgrocer.com | 30% | – | – | View details |
Latest news on Grocery Shopping Network
Complete news archive for Grocery Shopping Network
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Similar companies to Grocery Shopping Network
10 companies that operate in the same segment as Grocery Shopping Network (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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Frequently Asked Questions about Grocery Shopping Network
Grocery Shopping Network was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Grocery Shopping Network is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Grocery Shopping Network is a funded company, having raised a total of $8.05M across 1 funding round to date. The company's 1st funding round was a Series A of $8.05M, raised on Aug 2007.
Grocery Shopping Network, established in 1997, excels in leveraging cutting-edge technology, providing software for education, innovating retail solutions, and grocery management. Offers software suites to enhance operations for grocery retailers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Grocery Shopping Network's top competitors include SPS Commerce, Dmall and Zenput.
Grocery Shopping Network has 1 investor. Key investors include VantagePoint Capital Partners.