B2B marketplace and AI/software platform for food suppliers, distributors, grocers, and restaurants.
Food Tech📍 San Francisco, USAFounded 2014
Current Valuation
$4.5B
as of 2025-Q4
UNICORN
IPO Outlookrumored
Is GrubMarket going public in 2026?
An IPO is rumored for 2026, with nothing filed. GrubMarket remains private and the date is not the company's.
What is GrubMarket's valuation in 2026?
GrubMarket is valued at $4.5B as of 2025-Q4, set by its Series H ($50M, Oct 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has GrubMarket filed an S-1?
No public S-1 is on file for GrubMarket as of 08/23/2026; the IPO is rumored.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
GrubMarket is a B2B food-supply marketplace and SaaS/AI platform serving thousands of suppliers, distributors, grocers, and restaurants across North America. The company hit a $4.5B pre-money valuation in its October 2025 Series H, up from $3.5B earlier the same year, on revenue of roughly $2B annually.
Company Profile
CEO
Mike Xu
Founded
2014
HQ
San Francisco, USA
Employees
~1,500
Total Raised
$600M
Est. Revenue
$2.0B (2023-Q4)
Last Round
Series H — $50M (Oct 2025) · Lead: Undisclosed
IPO Status
rumored
Fundraising Status
Series H · $50M · 10 mo ago
rumoredTotal raised $600M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series H
$50M
Oct 2025
Undisclosed
—
Talent Signal
No public careers page or job board could be found for GrubMarket as of 2026-08-17. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.
Founders & Key People
Mike Xu
Investors
Tiger Global · BlackRock · ICONIQ Capital · GGV Capital · Apeiron Investment Group · Reimagined Ventures
Products
WholesaleWare ERP
GrubMarket online grocery
AI logistics suite
Food supply chain software
Competitors
Cheetah · Choco · Sysco · US Foods · Pod Foods
food-techb2b-marketplacesupply-chainaigrocery
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.