Funding round
GrubMarket Seed
GrubMarket, which works in food wholesale and distribution in United States, raised $2.1M in a Seed round announced on 27 Jan 2015. 15 firms took part. It is GrubMarket's first venture round on record.
$2.1M
Amount raised
Not disclosed
Post-money valuation
15
Investors
no lead named
Valuation
What this round says about the price
GrubMarket did not disclose a valuation in this round. It is GrubMarket's first venture round on record, 1 year after it was founded in 2014. It is under 1% of the $569M GrubMarket has raised in the venture rounds on record. GrubMarket raised again 8 months later: a Series A round of $10M in Sep 2015. Its next priced round, a Series C in Apr 2019, valued it at $255M.
GrubMarket's funding rounds
GrubMarket has 10 venture rounds on record. This one is highlighted.
- Seed this round 27 Jan 2015 $2.1M
- Series A 1 Sep 2015, led by Fosun $10M
- Series B 4 Aug 2016 $20M
- Growth 10 Jul 2018, led by GGV $32M
- Series C 5 Apr 2019, led by WI Harper Group and Digital Garage $25M$255M post-money
- Series D 5 Oct 2020 $60M$500M post-money
- Series E 16 Nov 2021, led by Tiger Global $200M$1.20B post-money
- Series F 27 Sep 2022, led by 301 Inc $120M$2.19B post-money
- Series G 18 Mar 2025 $50M$3.50B post-money
- Series H+ 2 Feb 2026 $50M$4.55B post-money
Investors
Who put money in
15 firms took part; no lead investor was named.
Investors
- GGV Capital new investor
- Y Combinator backs 1,295 venture-backed companies new investor
- New Gen Partners new investor
- backs 44 venture-backed companies new investor
- backs 40 venture-backed companies new investor
- backs 104 venture-backed companies new investor
- backs 26 venture-backed companies new investor
- AME Cloud Ventures backs 105 venture-backed companies new investor
- FJ Labs backs 316 venture-backed companies new investor
- Jose Marin new investor
- Tekton Ventures new investor
- backs 50 venture-backed companies new investor
- MSA Capital new investor
- backs 50 venture-backed companies new investor
- backs 6 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: 1 in Groceries Delivery, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Groceries Delivery | 12 May 2015 | $450K | $8.0M | not named |
| Tech Companies | 1 Jan 2015 | $6.4M | not disclosed | not named |
| AlayaCare Tech Companies | 1 Jan 2015 | $6.0M | not disclosed | not named |
| Biotechnology | 1 Jan 2015 | $5.0M | not disclosed | True Ventures |
| Tech Companies | 12 Jan 2015 | $5.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2015 | $4.5M | not disclosed | TLV Partners |
| Biotechnology | 1 Jan 2015 | $3.8M | not disclosed | not named |
| Farm Equipment | 1 Jan 2015 | $3.6M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did GrubMarket raise in its Seed round?
GrubMarket raised $2.1M in its Seed round, announced in Jan 2015.
Which investors took part in GrubMarket's Seed round?
GGV Capital, Y Combinator, New Gen Partners, Notable Capital, Fusion Fund and Great Oaks Venture Capital and 9 more.
What was GrubMarket's valuation at the Seed round?
It was not disclosed.
Did GrubMarket raise again after this round?
Yes: a Series A round in Sep 2015 of $10M.