GrubMarket, based in San Francisco, was founded in 2014 by CEO Mike Xu. The food tech/eCommerce company operates in the food supply chain, serving both business customers and end consumers in the U.S., Canada, Latin American, South Africa, and Spain. The company also provides SAAS solutions to digitally transform businesses throughout the food supply chain. In October, the company completed the acquisition of Vernon, Calif.-based Rainfield Marketing Group, a well-known fresh produce company that provides fruits, vegetables, and Asian specialty items.

GrubMarket has attracted more than 40 investors, including BlackRock, Fusion Fund, GGV Capital, Great Oaks Venture Capital, Y Combinator, and Scrum Ventures. The company has raised $519 million in funding over nine rounds, the latest of which was in September 2022. Its last known valuation was $2.19 billion and has not publicly communicated an intention to IPO.

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What is GrubMarket's IPO price?

The IPO price for GrubMarket will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in GrubMarket?

GrubMarket is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell GrubMarket share pre-IPO?

If you own GrubMarket pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is GrubMarket a publicly traded company?

GrubMarket is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is GrubMarket's funding to date?

GrubMarket has raised $519.95MM to date.
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When was GrubMarket founded?

GrubMarket was founded in 2014.
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What does Grubmarket do?

GrubMarket is a food tech and eCommerce startup that gives consumers the opportunity to purchase the same produce they would find at a local Farmers Market and have them delivered to their home.

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What is Grubmarket’s mission?

GrubMarket's mission is to make fresh and healthy food accessible to everyone.

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Who is the founder of Grubmarket?

Mike Xu is the founder, Chief Executive Officer, and President of Grubmarket.

Who are GrubMarket's major investors?

Gaingels
Digital Garage
BlackRock
Moonshots Capital
Pegasus Tech Ventures

GrubMarket Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
9/28/2022 Series F $120MM raised $XXX.XX $XXX.XX
11/16/2021 Series E $245.76MM raised $XXX.XX $XXX.XX
10/5/2020 Series D $81.6MM raised $XXX.XX $XXX.XX
4/4/2019 Series C and C-1 $40.42MM raised $XXX.XX $XXX.XX
7/10/2018 Series B $19.24MM raised $XXX.XX $XXX.XX
9/18/2015 Series A $10.47MM raised $XXX.XX $XXX.XX
1/27/2015 Series Seed $2.46MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Nov 15, 2023

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