GrubMarket was founded in 2014 by CEO Mike Xu. GrubMarket has not officially endorsed a plan to participate in an IPO.
GrubMarket is a fresh food delivery platform powered by artificial intelligence. Per Forge data, GrubMarket has raised a total of $499.1 million in funding over 8 rounds. Their latest funding was raised on Sep 28, 2022, from a Series F round. Key investors include WI Harper Group, Digital Garage, GGV Capital, Celtic House Asia Partners, and Tiger Global Management.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/26/2024 | Series G | $71.8MM | $xx.xx | $3.51B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,150,468
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Undisclosed Investors
|
||||||
09/28/2022 | Series F | $120MM | $xx.xx | $2.19B | 301, Squarepoint Capital, Portfolia, Grosvenor Food & AgTech, Tiger Global Management, Liberty Street Funds, Walleye Capital, Celtic House Asia Partners, Apeira Capital | |
Price per Share
$xx.xx
Shares Outstanding
8,370,326
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
301, Squarepoint Capital, Portfolia, Grosvenor Food & AgTech, Tiger Global Management, Liberty Street Funds, Walleye Capital, Celtic House Asia Partners, Apeira Capital
|
||||||
11/16/2021 | Series E | $245.76MM | $xx.xx | $1.25B | Tiger Global Management, BlackRock, Liberty Street Funds, Apeira Capital, Japan Post Capital, Celtic House Venture Partners, We Capital, Walleye Capital | |
Price per Share
$xx.xx
Shares Outstanding
24,917,633
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Tiger Global Management, BlackRock, Liberty Street Funds, Apeira Capital, Japan Post Capital, Celtic House Venture Partners, We Capital, Walleye Capital
|
||||||
10/05/2020 | Series D | $81.6MM | $xx.xx | $548.46MM | BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners, GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital, Scrum Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
17,981,868
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners, GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital, Scrum Ventures, Y Combinator
|
||||||
04/04/2019 | Series C-1 | $28.25MM | $xx.xx | $247.77MM | WI Harper Group, Digital Garage, Evolv Ventures, Uniserity Growth Fund, Arancia International Inc, CentreGold Capital, ACE & Company, GGV Capital, Fusion Fund, Bascom Ventures | |
Price per Share
$xx.xx
Shares Outstanding
8,881,799
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
WI Harper Group, Digital Garage, Evolv Ventures, Uniserity Growth Fund, Arancia International Inc, CentreGold Capital, ACE & Company, GGV Capital, Fusion Fund, Bascom Ventures
|
||||||
04/04/2019 | Series C | $12.17MM | $xx.xx | $247.77MM | WI Harper Group, Digital Garage, Evolv Ventures, Uniserity Growth Fund, Arancia International Inc, CentreGold Capital, ACE & Company, GGV Capital, Fusion Fund, Bascom Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,501,865
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
WI Harper Group, Digital Garage, Evolv Ventures, Uniserity Growth Fund, Arancia International Inc, CentreGold Capital, ACE & Company, GGV Capital, Fusion Fund, Bascom Ventures
|
||||||
07/10/2018 | Series B | $19.24MM | $xx.xx | $77.31MM | GGV Capital, Fusion Fund, Great Oaks Venture Capital, Max Ventures, Castor Ventures, Bascom Ventures, Millenium Technology Value Partners, Trinity Capital Investment, Investwide Capital | |
Price per Share
$xx.xx
Shares Outstanding
13,917,517
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
GGV Capital, Fusion Fund, Great Oaks Venture Capital, Max Ventures, Castor Ventures, Bascom Ventures, Millenium Technology Value Partners, Trinity Capital Investment, Investwide Capital
|
||||||
09/18/2015 | Series A | $10.47MM | $xx.xx | $23.09MM | Fosun Group, Y Combinator, Battery Ventures, GGV Capital, AME Cloud Ventures | |
Price per Share
$xx.xx
Shares Outstanding
17,611,892
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Fosun Group, Y Combinator, Battery Ventures, GGV Capital, AME Cloud Ventures
|
||||||
01/27/2015 | Series Seed | $2.46MM | $xx.xx | $4.1MM | Y Combinator, UpHonest Capital, Wei Guo, Tekton Ventures, MSA Capital, Max Ventures, Great Oaks Venture Capital, GGV Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,624,183
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Y Combinator, UpHonest Capital, Wei Guo, Tekton Ventures, MSA Capital, Max Ventures, Great Oaks Venture Capital, GGV Capital
|