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 57 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
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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Investments & Acquisitions
A&B Tropical Produce
& 56 more
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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.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Series H — $50.0M
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First Round
First Round
(27 Jan 2015)
- Investors Count 63
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Series H - GrubMarket | Valuation |
investors |
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| Mar, 2025 | Amount | Series G - GrubMarket | Valuation |
investors |
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| Sep, 2022 | Amount | Series G - GrubMarket | Valuation | Squarepoint Capital , Portfolia |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Venture capital firm creating funds for innovative companies in women's health and emerging markets.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GrubMarket
GrubMarket has strategically engaged in corporate development activities, having acquired 57 companies. Notable acquisitions include A&B Tropical Produce, Atlantic Fresh Trading and BUTTER. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Distributor of fruits and vegetables
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2021 | ||||
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Cloud-based platform is utilized for restaurant order and inventory management.
|
2020 | ||||
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Provider of storefront solution for online businesses
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - GrubMarket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grubmarket Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food and grocery deliveries are facilitated through an app-based platform.
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| domain | founded_year | HQ Location |
Online marketplace platform offering multi-category grocery products
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| domain | founded_year | HQ Location |
Organic groceries are offered through an online membership platform.
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| domain | founded_year | HQ Location |
Online platform providing on-demand hyperlocal delivery services
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| domain | founded_year | HQ Location |
On-demand grocery and essentials delivery is facilitated via mobile app.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via a mobile app platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grubmarket
Frequently Asked Questions about GrubMarket
When was GrubMarket founded?
GrubMarket was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is GrubMarket located?
GrubMarket is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of GrubMarket?
Mike Xu is the current CEO of GrubMarket. They have also founded this company.
Is GrubMarket a funded company?
GrubMarket is a funded company, having raised a total of $908.2M across 13 funding rounds to date. The company's 1st funding round was a Series G of $120M, raised on Jan 27, 2015.
What does GrubMarket do?
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.
Who are the top competitors of GrubMarket?
GrubMarket's top competitors include DoorDash, Thrive Market and Instacart.
How many acquisitions has GrubMarket made?
GrubMarket has made 57 acquisitions, including A&B Tropical Produce, Atlantic Fresh Trading, and BUTTER.
Who are GrubMarket's investors?
GrubMarket has 63 investors. Key investors include BlackRock, Fosun, FJ Labs, Digital Garage, and Trinity Cap.
What is GrubMarket's valuation?
The valuation of GrubMarket is $1.2B as of Nov 2021.