Grubmarket Raises $145 Million Series E To Accelerate Profitable Growth

Oct 25, 2021•about 4 years ago

Amount Raised

$145 Million

Round Type

series e

Description

GrubMarket, a San Francisco-based food technology company, announced today it raised $145 million in a heavily oversubscribed Series E funding round from funds and accounts managed by BlackRock, Liberty Street Funds, Japan Post Capital, Walleye Capital, Celtic House Asia Partners, INP Capital, Pegasus Tech Ventures, RIVC and Gaingels, among other unnamed participants. This round values GrubMarket at over $1 billion.

Company Information

Company

Grub Market

About

Founded in 2014, GrubMarket is a San Francisco-based food technology company operating in the space of food ecommerce both to business and to consumer as well as providing related software-as-a-service solutions to solve inefficiencies in the American food supply chain. Currently, GrubMarket operates in California, Washington, Texas, Michigan, New York, New Jersey, Missouri, Massachusetts, Oregon and Arizona, with plans to expand to other parts of the country.

Funding Insights

Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Grubmarket Raises $145 Million Series E To Accelerate Profitable Growth

Description

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Company Information