GrubMarket
B2B marketplace and AI/software platform for food suppliers, distributors, grocers, and restaurants.
Food Tech
📍 San Francisco, USA
Founded 2014
Current Valuation
$4.5B
as of 2025-Q4
UNICORN
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
Est. Revenue
$2.0B (2023-Q4)
Last Round
Series H — $50M (Oct 2025) · Lead: Undisclosed
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.