Grab

A superapp in Southeast Asia that offers ride-hailing, food and grocery delivery, and digital financial services such as payments, lending and digital banking.

Mobility & logisticsRide-hailing, delivery and digital financial services superappSingapore, Singapore
FoundersSince 2012
Valuation
$40B
Total raised
$12B
Last round · Jun 2025
Convertible note
Founded
2012
Employees
12,012
Quarters in VP50
6

Valuation

$1B$10B20172018201920202021$40B
Grab priced rounds
RoundDatePost-money valuationRaisedLed by
Series FSep 19, 2016$3.0B$750MSoftBank
Series GJul 24, 2017$6.0B$2.5BUnknown
Series HJun 13, 2018$10B$1.0BToyota
Series H second closeAug 2, 2018$11B$1.0BUnknown
Series HOct 29, 2018$11B$200MUnknown
Series HMar 6, 2019$14B$1.5BUnknown
Series HJun 2019$14B$300MUnknown
Private placementApr 13, 2021$40B$4.0BAltimeter Capital Management, LP
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #10, held for two quarters in a row.

Funding rounds

DateRound · leadRaisedValuation
Jun 10, 2025Convertible note$1.5B—
Apr 13, 2021Private placement · Altimeter Capital Management, LP$4.0B$40B
Jan 2021Debt financing$2.0B—
Aug 3, 2020Strategic investment · STIC Investments$200M—
Feb 25, 2020Strategic investment$856M—
Jun 2019Series H$300M$14B
Mar 6, 2019Series H$1.5B$14B
Nov 6, 2018Series H$250M—
Oct 29, 2018Series H$200M$11B
Oct 8, 2018Series H——
Aug 2, 2018Series H second close$1.0B$11B
Jun 13, 2018Series H · Toyota$1.0B$10B
Jul 24, 2017Series G$2.5B$6.0B
Sep 19, 2016Series F · SoftBank$750M$3.0B
Aug 18, 2015Series E · Coatue Management$350M—
Dec 3, 2014Series D · SoftBank Corp.$250M—
Oct 20, 2014Series C · Tiger Global$65M—
May 29, 2014Series B · GGV Capital——
Apr 8, 2014Series A · Vertex Venture Holdings——

Team

Grab | Venture Place