Funding round
GrubMarket Series A
GrubMarket, which works in food wholesale and distribution in United States, raised $10M in a Series A round announced on 1 Sep 2015, led by Fosun. 8 firms took part. It is GrubMarket's second venture round on record; the one before was a Seed in Jan 2015.
$10M
Amount raised
Not disclosed
Post-money valuation
8
Investors
1 lead
Valuation
What this round says about the price
GrubMarket did not disclose a valuation in this round. It came 8 months after GrubMarket's Seed. It is 1.8% of the $569M GrubMarket has raised in the venture rounds on record. GrubMarket raised again 11 months later: a Series B round of $20M in Aug 2016. 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 27 Jan 2015 $2.1M
- Series A this round 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
Fosun led the round with 7 other firms.
Lead investor
- Fosun new investor
Also in the round
- Battery Ventures backs 215 venture-backed companies new investor
- AME Cloud Ventures backs 105 venture-backed companies new investor
- Y Combinator backs 1,295 venture-backed companies new investor
- GGV Capital new investor
- GWC Innovator Fund new investor
- DHVC new investor
- backs 104 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Series A rounds in Groceries Delivery:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Groceries Delivery | 14 Sep 2015 | $12M | not disclosed | Vertex Ventures and SMDV |
| Groceries Delivery | 1 Mar 2016 | $3.7M | not disclosed | Lightspeed Venture Partners |
| Groceries Delivery | 20 May 2016 | undisclosed | not disclosed | not named |
| Groceries Delivery | 27 Jul 2016 | $20M | not disclosed | Greycroft |
Questions
Frequently asked
How much did GrubMarket raise in its Series A round?
GrubMarket raised $10M in its Series A round, announced in Sep 2015.
Who led GrubMarket's Series A round?
Fosun led it, with Battery Ventures, AME Cloud Ventures, Y Combinator, GGV Capital and GWC Innovator Fund and 2 more.
What was GrubMarket's valuation at the Series A round?
It was not disclosed.
Did GrubMarket raise again after this round?
Yes: a Series B round in Aug 2016 of $20M.