# GrubMarket funding: rounds and investors > GrubMarket has raised $177M across 5 rounds since 2016. Investors include Y Combinator, Battery Ventures and GGV Capital. Every round with its source. Source: https://millionrounds.com/company/grubmarket (Millionrounds; every figure on the page links to its filing or article) United States · [Series H startup](https://millionrounds.com/companies) # Who invested in *GrubMarket* 5 rounds we have observed, with the 55 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI E-commerce Food & Beverage Foodtech Raised 9 months ago Valuation: $4.5B, Mar 2026 Y Combinator: W15 Follow GrubMarket and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fgrubmarket) Funding summary Updated 5 Nov 2026 **$177M** raised across 5 rounds since 2016, from 8 sources **$32M** Round **$50M** Growth **$50M** Series H - **Latest round:** Series H, $50M Feb 2026 - **Investors:** 55 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2016 2018 2020 2022 2024 2026 **$20M** Series B **$32M** Round **$25M** Series C **$50M** Growth **$50M** Series H - **First round:** Series B, $20M - **Biggest round:** $50M - **Usual gap between rounds:** 23 months ## The rounds - **Feb 2026** Series H **$50M** *8 new* *3 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [BlackRock](https://millionrounds.com/fund/blackrock) [Future Food Fund](https://millionrounds.com/fund/future-food-fund) [Flume Ventures](https://millionrounds.com/fund/flume-ventures) [Liberty Street Funds](https://millionrounds.com/fund/liberty-street-funds) [MY Securities](https://millionrounds.com/fund/my-securities) [Portfolia Funds](https://millionrounds.com/fund/portfolia-funds) [RD HERITAGE GROUP](https://millionrounds.com/fund/rd-heritage-group) Reported by TechStartups and 1 other - **Mar 2025** Growth **$50M** *7 new* [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) [Portfolia](https://millionrounds.com/fund/portfolia) [Liberty Street Funds](https://millionrounds.com/fund/liberty-street-funds) [3Spoke Capital](https://millionrounds.com/fund/3spoke-capital) [Joseph Stone Capital](https://millionrounds.com/fund/joseph-stone-capital) [Pinegrove Capital Partners](https://millionrounds.com/fund/pinegrove-capital-partners) [ROC VENTURE GROUP](https://millionrounds.com/fund/roc-venture-group) Reported by TechCrunch and 1 other - **Apr 2019** Series C **$25M** *7 new* *3 returning* [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) Lead [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) Lead [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [ACE & Company](https://millionrounds.com/fund/ace-and-company) [University Growth Fund](https://millionrounds.com/fund/university-growth-fund) [The Bascom Group](https://millionrounds.com/fund/the-bascom-group) [CentreGold Capital](https://millionrounds.com/fund/centregold-capital) [Evolv](https://millionrounds.com/fund/evolv) Arancia International Reported by TechCrunch SEC filing: $8.1M sold, first sale Feb 2019 - **Jul 2018** Round **$32M** *7 new* *1 returning* [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Trinity](https://millionrounds.com/fund/trinity) [Millennium Technology Value Partners](https://millionrounds.com/fund/millennium-technology-value-partners) [The Bascom Group](https://millionrounds.com/fund/the-bascom-group) [Castor](https://millionrounds.com/fund/castor) GGV/ Fusion Fund Investwide Max Reported by TechCrunch - **Aug 2016** Series B **$20M** *26 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) [Sound Ventures](https://millionrounds.com/fund/sound-ventures) [ACE & Company](https://millionrounds.com/fund/ace-and-company) [Jerry Yang](https://millionrounds.com/fund/jerry-yang) [Danhua Capital](https://millionrounds.com/fund/danhua-capital) [Newgen Venture Partners](https://millionrounds.com/fund/newgen-venture-partners) [Fosun Group](https://millionrounds.com/fund/fosun-group) [Kevin Moore](https://millionrounds.com/fund/kevin-moore) [Riverhead Capital](https://millionrounds.com/fund/riverhead-capital) [Saad AlSogair](https://millionrounds.com/fund/saad-alsogair) [MD Pham](https://millionrounds.com/fund/md-pham) [Paul Holliman](https://millionrounds.com/fund/paul-holliman) [Wang Gang](https://millionrounds.com/fund/wang-gang) [InnoLinks Ventures](https://millionrounds.com/fund/innolinks-ventures) Jeff Heitzman Julien Coustaury Reindeer Investments Robert Emrich Reported by TechCrunch and 1 other ## Funding filed with regulators GrubMarket filed 3 raises, $279M in all. Filings say how much was sold and to how many investors; they never name the investors. - Jun 2021 **$241M** 78 investors equity SEC Form D - Feb 2019 **$28M** 22 investors equity of $29M offered SEC Form D - Aug 2015 **$10M** 38 investors equity SEC Form D ## Founders and team From the SEC filings it signed: 1 on the team. - **Minyi Xu** Executive Officer, Director, Promoter i On the board, as filed i *Danny Hadar* *Jie Chen* *Shi Shenghao* *Yang Wei* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2016 **Round** 2018 **Series C** 2019 **Growth** 2025 **Series H** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [ACE & Company](https://millionrounds.com/fund/ace-and-company) [The Bascom Group](https://millionrounds.com/fund/the-bascom-group) [Liberty Street Funds](https://millionrounds.com/fund/liberty-street-funds) [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) L [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **2** rounds [GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **2** rounds [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm **2** rounds [ACE & Company](https://millionrounds.com/fund/ace-and-company) Private equity **2** rounds [The Bascom Group](https://millionrounds.com/fund/the-bascom-group) Hedge fund **2** rounds [Liberty Street Funds](https://millionrounds.com/fund/liberty-street-funds) Investment firm **2** rounds [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) VC firm **1** round, led 1 [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) Corporate VC **1** round, led 1 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) VC firm **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) Angel **1** round [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) VC firm **1** round [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm **1** round [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) VC firm **1** round [Sound Ventures](https://millionrounds.com/fund/sound-ventures) VC firm **1** round [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) VC firm **1** round [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) VC firm **1** round [Portfolia](https://millionrounds.com/fund/portfolia) VC firm **1** round [Jerry Yang](https://millionrounds.com/fund/jerry-yang) VC firm **1** round [Danhua Capital](https://millionrounds.com/fund/danhua-capital) VC firm **1** round [Trinity](https://millionrounds.com/fund/trinity) Hedge fund **1** round [Newgen Venture Partners](https://millionrounds.com/fund/newgen-venture-partners) VC firm **1** round [Millennium Technology Value Partners](https://millionrounds.com/fund/millennium-technology-value-partners) VC firm **1** round [Fosun Group](https://millionrounds.com/fund/fosun-group) Corporate VC **1** round [Kevin Moore](https://millionrounds.com/fund/kevin-moore) Angel **1** round [Future Food Fund](https://millionrounds.com/fund/future-food-fund) VC firm **1** round [University Growth Fund](https://millionrounds.com/fund/university-growth-fund) VC firm **1** round [Castor](https://millionrounds.com/fund/castor) Company **1** round [Riverhead Capital](https://millionrounds.com/fund/riverhead-capital) Investment bank **1** round [Saad AlSogair](https://millionrounds.com/fund/saad-alsogair) Angel **1** round [Flume Ventures](https://millionrounds.com/fund/flume-ventures) VC firm **1** round [MD Pham](https://millionrounds.com/fund/md-pham) Angel **1** round [Paul Holliman](https://millionrounds.com/fund/paul-holliman) Angel **1** round [Wang Gang](https://millionrounds.com/fund/wang-gang) Growth equity **1** round [3Spoke Capital](https://millionrounds.com/fund/3spoke-capital) Growth equity **1** round [CentreGold Capital](https://millionrounds.com/fund/centregold-capital) VC firm **1** round [Evolv](https://millionrounds.com/fund/evolv) Growth equity **1** round [InnoLinks Ventures](https://millionrounds.com/fund/innolinks-ventures) VC firm **1** round [Joseph Stone Capital](https://millionrounds.com/fund/joseph-stone-capital) Growth equity **1** round [MY Securities](https://millionrounds.com/fund/my-securities) Investment firm **1** round [Pinegrove Capital Partners](https://millionrounds.com/fund/pinegrove-capital-partners) Growth equity **1** round [Portfolia Funds](https://millionrounds.com/fund/portfolia-funds) VC firm **1** round [RD HERITAGE GROUP](https://millionrounds.com/fund/rd-heritage-group) Family office **1** round [ROC VENTURE GROUP](https://millionrounds.com/fund/roc-venture-group) VC firm **1** round Arancia International no record of our own yet **1** round GGV/ Fusion Fund no record of our own yet **1** round Investwide no record of our own yet **1** round Jeff Heitzman no record of our own yet **1** round Julien Coustaury no record of our own yet **1** round Max no record of our own yet **1** round Reindeer Investments no record of our own yet **1** round Robert Emrich no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=grubmarket). ## Also claim to have backed them These 17 firms list GrubMarket as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Notable Capital](https://millionrounds.com/fund/notable-capital) VC firm Per its own site [WI Harper Group](https://millionrounds.com/fund/wi-harper-group-2) VC firm Per its own site [SAIC Venture Capital](https://millionrounds.com/fund/saic-capital) Corporate VC Per its own site [301](https://millionrounds.com/fund/301) Corporate VC Per its own site [Pittco Management](https://millionrounds.com/fund/pittco-management) Family office Per its own site [Aquila Capital Partners](https://millionrounds.com/fund/aquila-capital-partners) VC firm Per its own site [Builders + Backers](https://millionrounds.com/fund/builders-backers) Venture studio Per its own site [Celtic House Asia Partners](https://millionrounds.com/fund/celtic-house-asia-partners) VC firm Per its own site [Christian Edler](https://millionrounds.com/fund/christian-edler) Angel network Per its own site [Composite Ventures](https://millionrounds.com/fund/composite-ventures) VC firm Per its own site [Flucas Ventures](https://millionrounds.com/fund/flucas-ventures) Angel network Per its own site [GCI Capital](https://millionrounds.com/fund/gci-capital) VC firm Per its own site [Gauntlet Ventures](https://millionrounds.com/fund/gauntlet-ventures) VC firm Per its own site [J20 Ventures](https://millionrounds.com/fund/j20-ventures) VC firm Per its own site [Next Act Fund](https://millionrounds.com/fund/next-act-fund-llc) Angel network Per its own site [Step Ahead Capital](https://millionrounds.com/fund/step-ahead-capital) VC firm Per its own site [The Brkfst Club](https://millionrounds.com/fund/the-brkfst-club) Angel network Per its own site ## Quick answers about GrubMarket ### Who invested in GrubMarket? GrubMarket's investors include Y Combinator, Battery Ventures, GGV Capital, Great Oaks Venture Capital and ACE & Company, and 50 more on record. ### How much has GrubMarket raised? GrubMarket has raised $177M across 5 rounds since 2016. ### When did GrubMarket last raise? GrubMarket's most recent round was a Series H of $50M in Feb 2026. ### What was GrubMarket's biggest round? Its most recent round, $50M in Feb 2026, is also its largest on record. ### Who backed GrubMarket first? GrubMarket's first round on record, in Aug 2016, was backed by Y Combinator, Battery Ventures and Global Founders Capital and 23 others. ### What stage is GrubMarket at? GrubMarket's latest named round is a Series H, in Feb 2026. ### Where is GrubMarket based? GrubMarket is based in the United States. ### Who led GrubMarket's rounds? WI Harper Group led the Series C in 2019. ## Companies like GrubMarket In the same sector, and raised in the last eighteen months. [**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app