Grubmarket news and trends

Today in the Connected Economy: Ulta Expands Tie-up With The Honest Company
Connected Economy // August 02, 2022

Today in the connected economy, The Honest Company continues its foray into the world of physical retail with an expanded Ulta collaboration. Plus, food delivery and payments tech company Waitr rebrands as ASAP as it launches a partnership with the New Orleans Saints, and Drexel...

Today in B2B Payments: GrubMarket Adds IOT Pay to Enter Financial Services; Coinshift Teams With...
B2B Payments // August 02, 2022

Today in B2B payments, Mashreq debuts non-banking services initiative for small businesses while Montway Auto Transport debuts a digital platform. Plus, ACH network moves 7.5 billion payments thanks to growth in same-day transactions, Amex debuts Global Pay for increased cross-border payment capabilities and inflation has...

GrubMarket Enters Financial Services With IOT Pay Acquisition
Acquisitions // August 02, 2022

GrubMarket has acquired Vancouver-based FinTech IOT Pay, according to a Tuesday (Aug. 2) press release. The acquisition will allow the company to use IOT Pay’s technology and payments infrastructure to streamline the food supply chain industry as it pushes for more flexible digital payment and financial...

B2C Food Platform GrubMarket Nets $60M, Eyes IPO
Investments // October 05, 2020

GrubMarket, which supplies food to consumers and businesses, has raised $60 million in its Series D round, according to TechCrunch. Participants included BlackRock, Reimagined Ventures, Trinity Capital Investment and numerous others, TechCrunch reported. The news is in line with the trend of the year as...

Quick Reads
GrubMarket Launches Payment Platform for Food Wholesalers and Distributors

April 26, 2023
GrubMarket has launched a payment platform designed for food wholesalers and distributors. The new GrubPay platform enables GrubMarket’s customers to directly accept and manage payments via ACH, credit card and other online methods, the company said in a Wednesday (April 26) press release. “With the addition of GrubPay, customers reduce errors, eliminate check fraud, and […]

B2C Food Platform GrubMarket Nets $60M, Eyes IPO

October 05, 2020
GrubMarket, which supplies food to consumers and businesses, has raised $60 million in its Series D round, according to TechCrunch. Participants included BlackRock, Reimagined Ventures, Trinity Capital Investment and numerous...

GrubMarket Raises $25M As It Eyes Potential IPO

April 04, 2019
GrubMarket, the startup that connects local farmers with restaurants and stores, has raised $25 million in venture funding. According to a report in TechCrunch citing the company, the Series C round...

Online Grocer GrubMarket May Go Public In 2018

January 11, 2017
Food tech startups haven’t had the easiest time staying afloat the past few years. The space has been a bit crowded and has had its fair share of issues. However,...