Latest GrubMarket News & Updates

See the latest news and media coverage for GrubMarket. We track all announcements, press releases, and industry mentions in real time, all in one place.

GrubMarket

Food technology company

grubmarket.com

Headquarters: San Francisco, United States
Founded year: 2014
Company type: Private company
Number of employees: 1,000–5,000
Industry: Food Retail & Distribution

Last updated Today

Latest news about GrubMarket

In short: GrubMarket filed for a U.S. IPO and raised $50 million at a $4.5 billion valuation despite settling SEC charges for overstating revenue.

Company announcements

July 21 GrubMarket

GrubMarket acquires SPUD, a Canadian online grocery company

The acquisition expands GrubMarket's B2C eCommerce reach in British Columbia and Alberta, strengthening its presence in Canada.

April 29 GrubMarket

GrubMarket receives TIME100 Companies Industry Leaders recognition

The accolade highlights AI innovations, acquisitions like Delta Fresh Produce and Coast Citrus, and sustainability efforts including tree planting. CEO Mike Xu expresses honor.

April 15 GrubMarket

GrubMarket acquires Schoenmann Produce

The Houston-based distributor, serving the Gulf Coast for over a century, strengthens GrubMarket's presence in Texas with advanced facilities and technology integration.

February 2 GrubMarket

GrubMarket raises $50 million Series H

The funding from Future Food Fund and others values the company at $4.5 billion pre-money. It follows acquisitions and AI product launches, fueling eCommerce and AI growth.

Media coverage

July 29 AK&M

GrubMarket increased its market value to $4.5 billion

Earlier, GrubMarket raised $50 million in a funding round at a market value of $4.5 billion. The funding participants included Future Food Fund, Portfolia, Liberty Street...

July 28 Reuters

Food technology firm GrubMarket confidentially files for US IPO

GrubMarket, a food supply chain and delivery group, ‌has confidentially filed for a U.S. initial public offering, it said on Tuesday.

July 21 Yahoo Finance

GrubMarket Acquires SPUD, a Leading Canadian Online Grocery Company

GrubMarket, an AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food eCommerce...

July 13 Lelezard

GrubMarket Expands into Nevada through Acquisition of Terra Exports

SAN FRANCISCO, Jan. 19, 2022 /PRNewswire/ -- GrubMarket today announced it has completed the acquisition of Terra Exports, a Las Vegas, Nevada-based company that distributes...

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