The food industry can never become outdated. But while the people in the US are in a different mood with President Donald Trump's tariff and budget-cutting policies and the prospect of a trade war among the world's biggest economies have created uncertainty, GrubMarket has secured a fresh $50 million in Series G funding, pushing its valuation beyond $3.5 billion from a range of investors, including 3Spoke Capital, Joseph Stone Capital, Liberty Street Funds, Pegasus Tech Ventures, Pinegrove Capital Partners, Portfolia, and ROC Venture Group. Additional undisclosed backers also contributed.
The company has attracted a deep investor pool over the years. While Battery Ventures, Tiger Global, and Y Combinator have been notable participants, PitchBook data suggests GrubMarket’s capitalizati
GrubMarket Bets on AI and Acquisitions Amid Trade War Fears
- By Anshika Mathews
- Published on
As GrubMarket grows bigger, we have a chance to deal with bigger acquisitions.
