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GrubMarket

1925 Jerrold Ave, San Francisco, California, 94124, United States

Overview

GrubMarket is an AI-driven technology and B2B e-commerce company that digitizes, automates, and streamlines the American and global food supply chain. Its offerings include enterprise SaaS such as an Inventory Management AI Agent and Reporting AI Agent, as well as a tech-enabled marketplace that serves customers in all 50 U.S. states and more than 70 countries. Recent acquisitions—Coast Citrus, Delta Fresh Produce, and Procurant—have expanded its reach; Procurant alone facilitates $5.5 billion in GMV for over 850 customers across 14 countries. The firm operates with what it calls a self-sustaining, profitable model and has been recognized on the CNBC Disruptor 50 list for three consecutive years. It runs the Sustainable California initiative, which promotes organic farming and has funded hundreds of thousands of tree plantings. Backed by a $4.5 billion pre-money valuation, the company plans to invest further in talent, financial infrastructure, technology development, and additional acquisitions to expand across North America, South America, Europe, and Africa.

Total raised
$449M
Funding rounds
10
Latest round
Series H
Latest activity
Feb 2026

Industries

  • Artificial Intelligence (AI)
  • E-Commerce
  • Food and Beverage
  • Internet
  • Payments
  • SaaS
  • Supply Chain Management
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Recent funding

  1. Series H

    Feb 2026

    $50M

  2. Series G

    Mar 2025

    $50M

  3. Series E

    Nov 2021

    $200M

  4. Series D

    Oct 2020

    $60M

  5. Series C

    Apr 2019

    $25M

Team

  • Mike Xu

    Founder, CEO, and President

    LinkedIn
  • Abram Skidmore

    Senior Director, Assistant Controller

    LinkedIn
  • Chako Fairbanks

    VP of Operations

    LinkedIn
  • Genevieve Wang

    Chief Product Officer

    LinkedIn