About GrubMarket
GrubMarket is a company based in San Francisco (United States) founded in 2014 by Mike Xu. GrubMarket has raised $908.2 million across 13 funding rounds from investors including BlackRock, Fosun and FJ Labs. GrubMarket has completed 58 acquisitions, including A&B Tropical Produce, Atlantic Fresh Trading and BUTTER. GrubMarket operates in a competitive market with competitors including DoorDash, Instacart, Thrive Market, Postmates and Shipt, among others.
- Headquarter San Francisco, United States
- Founders Mike Xu
- Stage Unicorn
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Sectors
ConsumerRetail
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$908.2 M (USD)
in 13 rounds
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Latest Funding Round
$50 M (USD), Series H
Feb 02, 2026
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Investors
BlackRock
& 62 more
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Employee Count
Not available
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Investments & Acquisitions
A&B Tropical Produce
& 57 more
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People of GrubMarket
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Funding Insights of GrubMarket
GrubMarket has successfully raised a total of $908.2M across 13 strategic funding rounds. The most recent funding activity was a Series H round of $50 million completed in February 2026. 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.
Investors in GrubMarket
GrubMarket has secured backing from 63 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackRock, Fosun and FJ Labs.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in tech startups
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Locked | Locked | Locked | |
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Venture capital firm creating funds for innovative companies in women's health and emerging markets.
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Locked | Locked | Locked | |
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Venture capital fund focused on tech startups
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Locked | Locked | Locked |
Investor details for GrubMarket
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Investments & Acquisitions by GrubMarket
GrubMarket has strategically engaged in corporate development activities, having acquired 58 companies. Notable acquisitions include A&B Tropical Produce, Atlantic Fresh Trading and BUTTER.
Investment portfolio details for GrubMarket
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Distributor of fruits and vegetables
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Locked | Locked | 2021 | Locked | |
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Cloud-based platform is utilized for restaurant order and inventory management.
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Locked | Locked | 2020 | Locked | |
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Provider of storefront solution for online businesses
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Locked | Locked | 2019 | Locked |
Complete acquisition details for GrubMarket
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - GrubMarket
Detailed financials for GrubMarket
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Grubmarket Comparisons
Peer comparison for GrubMarket
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- Named peers
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Competitors of GrubMarket
GrubMarket 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 DoorDash, Instacart, Thrive Market, Postmates and Shipt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Food and grocery deliveries are facilitated through an app-based platform.
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Online marketplace platform offering multi-category grocery products
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Organic groceries are offered through an online membership platform.
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| Locked | Locked | Locked |
Online platform providing on-demand hyperlocal delivery services
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| Locked | Locked | Locked |
On-demand grocery and essentials delivery is facilitated via mobile app.
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| Locked | Locked | Locked |
Multi-category grocery products are delivered via a mobile app platform.
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Detailed competitors of GrubMarket
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Grubmarket
Complete news archive for GrubMarket
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Frequently Asked Questions about GrubMarket
GrubMarket was founded in 2014 and raised its 1st funding round 1 year after it was founded.
GrubMarket is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Mike Xu is the current CEO of GrubMarket. They have also founded this company.
GrubMarket is a funded company, having raised a total of $908.2M across 13 funding rounds to date.
GrubMarket was founded in 2014 in San Francisco, United States, within the e-commerce sector focused on groceries. An online platform is maintained to link consumers with local farmers and producers. Organic items such as fruits, vegetables, snacks, drinks, meat, dairy products, household essentials, and personal care goods are sourced and delivered by an in-house team. Mobile applications are provided for Android and iOS users.
GrubMarket's top competitors include DoorDash, Thrive Market and Instacart.
GrubMarket has made 58 acquisitions, including A&B Tropical Produce, Atlantic Fresh Trading, and BUTTER.
GrubMarket has 63 investors. Key investors include BlackRock, Fosun, FJ Labs, Digital Garage, and Trinity Cap.
The valuation of GrubMarket is $1.2B as of Nov 2021.