GrubMarket, a private eCommerce food distributor, settled Securities and Exchange Commission charges that it violated antifraud provisions of the federal securities laws by providing investors with unreliable financial information. The SEC alleged that while GrubMarket was soliciting prospective investors in a Series D round between...
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...
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, 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...
March 21, 2025
GrubMarket has raised $50 million in a Series G funding round to accelerate the growth of its business and its artificial intelligence (AI) software and extend the reach of its B2B software solutions for the food supply chain industry. The company will increase its investment in people, financial infrastructure, technology and acquisitions, GrubMarket CEO Mike Xu said in […]
January 17, 2025
GrubMarket, a private eCommerce food distributor, settled Securities and Exchange Commission charges that it violated antifraud provisions of the federal securities laws by providing investors with unreliable financial information. The...
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...
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...
