September 13, 2025

GrubMarket

GrubMarket raises $50M at a $3.5B+ valuation to build AI
Commercefoodfood distributionFundraisingGrubMarketlogisticsStartups

GrubMarket raises $50M at a $3.5B+ valuation to build AI

U.S. President Donald Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid an uncertain public mood — all of which will inevitably impact the technology sector. On Tuesday, however, food e-commerce startup GrubMarket seemed impervious to these macroeconomic concerns: it announced a new equity round of $50 million at a post-money

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