What is GrubMarket?
Headquartered in San Francisco, GrubMarket operates at the intersection of food ecommerce and enterprise software-as-a-service (SaaS). The company provides a comprehensive digital ecosystem that bridges the gap between producers and consumers, while simultaneously offering robust software solutions designed to mitigate inefficiencies within the complex American food supply chain. By digitizing traditional procurement and distribution processes, GrubMarket has established itself as a vital intermediary, enhancing transparency and operational efficiency for both business-to-business and business-to-consumer segments.
How much funding has GrubMarket raised?
GrubMarket has raised a total of $458.1M across 10 funding rounds:
Series B
$20M
Series C
$25M
Debt
$1M
Series D
$60M
Series E
$120M
Series F
$120M
Series G
$50M
Series H
$50M
Series B (2016): $20M supported by GGV Capital, Fosun, Sound Ventures, Global Founders Capital, and Danhua Capital
Series C (2019): $25M featuring GGV Capital, Evolv Ventures, Fusion Fund, Digital Garage, WI Harper Group, Arancia International, University Growth Fund, Ace & Company, CentreGold Capital, and Bascom Ventures
Debt (2020): $1M backed by PPP
Series D (2020): $60M with participation from Marubeni Ventures, Trinity Capital Investment, Mojo Partners, BlackRock, Comcast Ventures, Remagine Ventures, and Sixty Degree Capital
Series E (2021): $120M led by INP Capital, Reimagined Ventures, Joseph Stone Capital, Japan Post Capital, Pegasus Tech Ventures, Walleye Capital, Tech Pioneers Fund, Celtic House Asia Partners, Moringa Partnership, and Liberty Street Funds
Series F (2022): $120M, investors not publicly disclosed
Series G (2025): $50M featuring Pegasus Tech Ventures, Liberty Street Advisors, ROC Venture Group, Portfolia, and Joseph Stone Capital
Series H (2026): $50M backed by Liberty Street Funding, Future Food Fund, Flume Ventures, and Portfolia
Key Investors in GrubMarket
Flume Ventures
A network of seasoned operators and founders dedicated to partnering with visionary entrepreneurs to scale bold ideas through strategic guidance and mentorship.
Future Food Fund
A specialist impact fund focused on investing in early-stage food and agriculture technology companies to transform the food value chain.
Portfolia
A Palo Alto-based firm founded in 2013 that creates specialized investment funds backing high-growth entrepreneurial companies.
What's next for GrubMarket?
With the successful closure of its latest funding round, GrubMarket is positioned to accelerate its strategic expansion and technological integration. The company is expected to leverage this capital to deepen its footprint in the food-tech landscape, potentially scaling its SaaS offerings and expanding its logistics network. By focusing on data-driven supply chain management, GrubMarket aims to further solidify its competitive advantage, addressing the persistent challenges of food waste and distribution bottlenecks that continue to plague the industry.
See full GrubMarket company page
