GrubMarket, the largest private food tech company in the U.S., has raised $50 million in Series G funding, bringing its valuation to over $3.5 billion amid rapid revenue growth (surpassing $2 billion in 2024). The company, operating in over 70 countries, and all U.S. states, attributes much of its expansion to acquisitions and the integration of AI-driven tools like Farm-GPT and GrubAssist, which optimize logistics, pricing, and inventory management. Despite economic uncertainties, GrubMarket remains financially strong and plans to use the new funding to further invest in AI innovations, reinforcing its position as a leader in food logistics and technology.
GrubMarket, Largest Private Food Tech Company in U.S., Reaches $3.5 Billion Valuation in New Funding Round
