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Announced

Completed

Tiger Global led a $200m Series E funding round in GrubMarket.

Financials

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Transaction Value£148m
Consideration TypeCash
Capital Owned-
Capital Bid For17%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Cross Border

Private

Venture Capital

Acquisition

Completed

Food Products

produce

drinks

snacks

gluten free food

organic food

United States

Private Equity

Minority

Synopsis

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Tiger Global led a $200m Series E funding round in GrubMarket, a food technology company. Additional investors include BlackRock, Liberty Street Funds, Apeira Capital, Japan Post Capital, Celtic House Asia Partners, We Capital and Walleye Capital. "In the next 2-10 years, GrubMarket will also play a critical role in reviving the food ecosystem in the Midwest, and addressing the demographical inequalities surrounding access to fresh, healthy food, between the West Coast, East Coast, and central regions of the US," Mike Xu, GrubMarket CEO.

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