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
Key Investors
Undisclosed Investors
|
||||||
09/28/2022 | Series F | $120MM | $xx.xx | $2.19B | 301, Apeira Capital, Celtic House Asia Partners, Grosvenor Food & Agtech, Liberty Street Funds, Portfolia, Squarepoint Capital, Tiger Global Management, Walleye 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
Key Investors
301, Apeira Capital, Celtic House Asia Partners, Grosvenor Food & Agtech, Liberty Street Funds, Portfolia, Squarepoint Capital, Tiger Global Management, Walleye Capital
|
||||||
11/16/2021 | Series E | $245.76MM | $xx.xx | $1.25B | Apeira Capital, Blackrock, Celtic House Venture Partners, Japan Post Capital, Liberty Street Funds, Tiger Global Management, Walleye Capital, We 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
Key Investors
Apeira Capital, Blackrock, Celtic House Venture Partners, Japan Post Capital, Liberty Street Funds, Tiger Global Management, Walleye Capital, We Capital
|
||||||
10/05/2020 | Series D | $81.6MM | $xx.xx | $548.46MM | Blackrock, Celtic House Venture Partners, Centregold Capital, Digital Garage, Ggv Capital, Marubeni Ventures, Mojo Partners, Reimagined Ventures, Scrum Ventures, Sixty Degree Capital, Trinity Capital Investment, Wi Harper Group, 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
Key Investors
Blackrock, Celtic House Venture Partners, Centregold Capital, Digital Garage, Ggv Capital, Marubeni Ventures, Mojo Partners, Reimagined Ventures, Scrum Ventures, Sixty Degree Capital, Trinity Capital Investment, Wi Harper Group, Y Combinator
|
||||||
04/04/2019 | Series C | $12.17MM | $xx.xx | $247.77MM | Ace & Company, Arancia International Inc, Bascom Ventures, Centregold Capital, Digital Garage, Evolv Ventures, Fusion Fund, Ggv Capital, Uniserity Growth Fund, Wi Harper Group | |
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
Key Investors
Ace & Company, Arancia International Inc, Bascom Ventures, Centregold Capital, Digital Garage, Evolv Ventures, Fusion Fund, Ggv Capital, Uniserity Growth Fund, Wi Harper Group
|
||||||
04/04/2019 | Series C-1 | $28.25MM | $xx.xx | $247.77MM | Ace & Company, Arancia International Inc, Bascom Ventures, Centregold Capital, Digital Garage, Evolv Ventures, Fusion Fund, Ggv Capital, Uniserity Growth Fund, Wi Harper Group | |
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
Key Investors
Ace & Company, Arancia International Inc, Bascom Ventures, Centregold Capital, Digital Garage, Evolv Ventures, Fusion Fund, Ggv Capital, Uniserity Growth Fund, Wi Harper Group
|
||||||
07/10/2018 | Series B | $19.24MM | $xx.xx | $77.31MM | Bascom Ventures, Castor Ventures, Fusion Fund, Ggv Capital, Great Oaks Venture Capital, Investwide Capital, Max Ventures, Millenium Technology Value Partners, Trinity Capital Investment | |
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
Key Investors
Bascom Ventures, Castor Ventures, Fusion Fund, Ggv Capital, Great Oaks Venture Capital, Investwide Capital, Max Ventures, Millenium Technology Value Partners, Trinity Capital Investment
|
||||||
09/18/2015 | Series A | $10.47MM | $xx.xx | $23.09MM | Ame Cloud Ventures, Battery Ventures, Fosun Group, Ggv Capital, Y Combinator | |
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
Key Investors
Ame Cloud Ventures, Battery Ventures, Fosun Group, Ggv Capital, Y Combinator
|
||||||
01/27/2015 | Series Seed | $2.46MM | $xx.xx | $4.1MM | Ggv Capital, Great Oaks Venture Capital, Max Ventures, Msa Capital, Tekton Ventures, Uphonest Capital, Wei Guo, Y Combinator | |
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
Key Investors
Ggv Capital, Great Oaks Venture Capital, Max Ventures, Msa Capital, Tekton Ventures, Uphonest Capital, Wei Guo, Y Combinator
|