About Market Wagon
Market Wagon is a company based in Indianapolis (United States) founded in 2016 by Daniel Brunner and Nick Carter. It operates as a Two-Sided Marketplace. Market Wagon has raised $14.71 million across 6 funding rounds from investors including Impact Engine, Tapas Capital and Village Global. Market Wagon has completed 2 acquisitions, including FarmersMarket and Find Your Farmer. Market Wagon offers products and services including Online Farmers Market. Market Wagon operates in a competitive market with competitors including Instacart, DoorDash, Postmates, Gopuff and Getir, among others.
- Headquarter Indianapolis, United States
- Founders Daniel Brunner, Nick Carter
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Market Wagon, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.71 M (USD)
in 6 rounds
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Latest Funding Round
$2.84 M (USD), Series A
Sep 20, 2023
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Investors
Impact Engine
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
FarmersMarket
& 1 more
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Products & Services of Market Wagon
Market Wagon offers a comprehensive portfolio of products and services, including Online Farmers Market. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Local food is delivered from farmers to doorsteps.
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Market Team
1 people
Leadership Team
1 people
Software Development Team
1 people
Co Team
1 people
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Funding Insights of Market Wagon
Market Wagon has successfully raised a total of $14.71M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.84 million completed in September 2023. 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 6
- Last Round Series A — $2.8M
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First Round
First Round
(09 Jul 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Market Wagon | Valuation |
investors |
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| Aug, 2022 | Amount | Series A - Market Wagon | Valuation |
investors |
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| May, 2021 | Amount | Series A - Market Wagon | Valuation | Hyde Park Venture Partners |
| 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 Market Wagon
Market Wagon has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Impact Engine, Tapas Capital and Village Global. 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 is provided to economic, sustainability, and health sectors.
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Founded Year | Domain | Location | |
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Tapas Capital is engaged in venture capital investment management.
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Founded Year | Domain | Location | |
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Early-stage venture capital investing, network building, and founder support services.
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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 Market Wagon
Market Wagon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FarmersMarket and Find Your Farmer. 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
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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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Fruits and vegetables are traded via an online marketplace platform.
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2020 | ||||
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Online farmer marketplace
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2011 |
| 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 - Market Wagon
| 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 |
Market Wagon Comparisons
Competitors of Market Wagon
Market Wagon 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 Instacart, DoorDash, Postmates, Gopuff and Getir, 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 |
Online marketplace platform offering multi-category grocery products
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| 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 platform providing on-demand hyperlocal delivery services
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| domain | founded_year | HQ Location |
Online platform offering on-demand delivery services for food and groceries
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via a mobile app platform.
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| domain | founded_year | HQ Location |
Asian groceries and essentials are retailed online by SayWeee.
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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 Market Wagon
Frequently Asked Questions about Market Wagon
When was Market Wagon founded?
Market Wagon was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Market Wagon located?
Market Wagon is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Who is the current CEO of Market Wagon?
Nick Carter is the current CEO of Market Wagon. They have also founded this company.
Is Market Wagon a funded company?
Market Wagon is a funded company, having raised a total of $14.71M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jul 09, 2020.
What does Market Wagon do?
Market Wagon is operated as an online platform connecting local farmers and artisans with consumers across the United States. Delivery networks and fulfillment hubs are managed to ensure fresh produce and goods are brought directly to over 45,000 doorsteps. Support is provided to more than 2,500 food producers to thrive in local and regional markets. Solutions are offered for one-time purchases and subscription-based orders, enhancing accessibility to unique, locally sourced products.
Who are the top competitors of Market Wagon?
What products or services does Market Wagon offer?
Market Wagon offers Online Farmers Market.
How many acquisitions has Market Wagon made?
Market Wagon has made 2 acquisitions, including FarmersMarket, and Find Your Farmer.
Who are Market Wagon's investors?
Market Wagon has 6 investors. Key investors include Impact Engine, Tapas Capital, Village Global, New Stack Ventures, and Hyde Park Venture Partners.