Funding round
GrubMarket Series H+
Reported as "Series H"
GrubMarket, which works in food wholesale and distribution in United States, raised $50M in a Series H+ round announced on 2 Feb 2026, at a $4.55B post-money valuation. 6 firms took part. It is GrubMarket's tenth venture round on record; the one before was a Series G in Mar 2025.
$50M
Amount raised
$4.55B
Post-money valuation
$4.50B pre-money
6
Investors
no lead named
1.3x
Step-up from the Series G
$3.50B in Mar 2025
1.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced GrubMarket at $4.55B after the new money, 1.3 times the $3.50B of its Series G (Mar 2025). The $50M bought investors about 1.1% of the company. It came 11 months after GrubMarket's Series G. It is 8.8% of the $569M GrubMarket has raised in the venture rounds on record. No later venture round is on record for GrubMarket.
GrubMarket's funding rounds
GrubMarket has 10 venture rounds on record. This one is highlighted.
- Seed 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+ this round 2 Feb 2026 $50M$4.55B post-money
Investors
Who put money in
6 firms took part; no lead investor was named.
Investors
- backs 15 venture-backed companies new investor
- backs 33 venture-backed companies new investor
- Liberty Street Funds new investor
- RD Heritage Group new investor
- backs 6 venture-backed companies new investor
- MY Securities new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
The closest in time: Series H+ rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 1 Feb 2026 | $50M | $4.50B | not named |
| Zipline Airline Companies | 23 Mar 2026 | $800M | $7.60B | Fidelity Management & Research Company and Baillie Gifford |
| Oil & Gas - Extraction & Distribution | 30 Jan 2026 | $30M | not disclosed | not named |
| Databricks Tech Companies | 16 Dec 2025 | $4.00B | $134.00B | Insight Partners and Fidelity Management & Research Company |
| Flock Safety Alarms, Surveillance & Security Systems | 17 Apr 2026 | $200M | $8.40B | not named |
| Anthropic Tech Companies | 28 May 2026 | $65.00B | $965.00B | Altimeter and Dragoneer Investment Group |
| Anduril Aerospace and Defence | 13 May 2026 | $5.00B | $61.00B | Thrive Capital and Andreessen Horowitz |
| CRED Payment Processing & Point of Sale | 23 Jun 2026 | $900M | $4.50B | Meta |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did GrubMarket raise in its Series H+ round?
GrubMarket raised $50M in its Series H+ round, announced in Feb 2026.
Which investors took part in GrubMarket's Series H+ round?
Future Food Fund, Portfolia, Liberty Street Funds, RD Heritage Group, Flume Ventures and MY Securities.
What was GrubMarket's valuation at the Series H+ round?
$4.55B post-money ($4.50B pre-money).