GrubMarket is a provider of an online market place for grocery items. The company offers an online platform which allows users to offer, sell and buy food.
GrubMarket's mission is to conveniently make fresh & healthy food accessible to everyone.
GrubMarket was founded in 2014 by Mike Xu. The company is headquartered in Newark in California with an additional office in San Francisco in California.
GrubMarket currently operates in Arizona, California, Connecticut, Georgia, Michigan, New York, New Jersey, Missouri, Massachusetts, Oregon, Pennsylvania, Texas, and Washington, and some 40 warehouses nationwide.
GrubMarket provides a B2C platform for consumers to order produce and other food and home items for delivery, and a B2B service where it supplies grocery stores, meal-kit companies and other food tech startups with products that they resell.
GrubMarket's customers include more than 500 grocery stores, 8,000 restaurants, and 2,000 corporate offices, with familiar names like Whole Foods, Kroger, Albertson, Safeway, Sprouts Farmers Market, Raley’s Market, 99 Ranch Market, Blue Apron, Hello Fresh etc.
GrubMarket is backed by GGV Capital, Tiger Global Management, Y Combinator, BlackRock, Liberty Street Funds, Walleye Capital, Pegasus Tech Ventures, TCeltic House Asia Partners, INP Capital, Reimagined Ventures, and others. The company raised $200M in an oversubscribed Series E round on Nov 16, 2021. This brings GrubMarket's total funding to $382.1M to date. The latest round valued the company at over $1.2B post-money.