GrubMarket
An online wholesale network that supplies food to grocers, foodservice operators, schools and restaurants in the U.S. and Canada. It also sells AI-powered ERP and supply-chain software to food distributors and runs a consumer farm-to-home delivery service.
Mobility & logisticsFood supply chain technology and wholesale distributionSan Francisco, United States
FoundersSince 2014
- Valuation
- $3.5B
- Total raised
- $617M
- Last round · Feb 2026
- Series H
- Founded
- 2014
- Employees
- 12,000
- Quarters in VP50
- 8
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series D | Oct 5, 2020 | $500M | $90M | Unknown |
| Series E | Nov 16, 2021 | $1.2B | $200M | Tiger Global Management |
| Series F | Sep 28, 2022 | $2.0B | $120M | Unknown |
| Series G | Mar 18, 2025 | $3.5B | $50M | 3Spoke Capital, Joseph Stone Capital, Liberty Street Funds, Pegasus Tech Ventures, Portfolia, and ROC Venture Group |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: #34
- Q1 2024: #37
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #22, in Q4 2022.
Funding rounds
DateRound · leadRaisedValuation
Feb 2, 2026Series H$50M—
Mar 18, 2025Series G · 3Spoke Capital, Joseph Stone Capital, Liberty Street Funds, Pegasus Tech Ventures, Portfolia, ROC Venture Group$50M$3.5B
Sep 28, 2022Series F$120M$2.0B
Sep 13, 2021Series E$120M—
Oct 5, 2020Series D$90M$500M
Aug 4, 2016Series B$20M—
Jan 27, 2015Seed$2M—
