How Much Did GrubTech Raise?
Funding & Key Investors

GrubTech has secured $33.4M in total capital, with its most recent funding round bringing in $15M in a major strategic investment. This significant backing underscores the company's progress and potential in its sector.

What is GrubTech?

GrubTech
SoftwareEnterprise Resource Planning (ERP)

Founded in 2019 in Dubai, GrubTech is an innovative technology provider for restauranteurs and cloud kitchen operators globally. The company leverages a team of experienced engineers, data scientists, and industry leaders to deliver cutting-edge solutions. GrubTech's focus on empowering the food service industry positions it as a key player in the digital transformation of restaurants and kitchens.

How much funding has GrubTech raised?

GrubTech has raised a total of $33.4M across 4 funding rounds:

2020

Angel/Seed

$2M

2021

Other Financing Round

$3.4M

Series A

$13M

2024

Series B

$15M

Angel/Seed (2020): $2M, investors not publicly disclosed

Other Financing Round (2021): $3.4M, investors not publicly disclosed

Series A (2021): $13M, investors not publicly disclosed

Series B (2024): $15M featuring Oryx Fund and Hambro Perks

Key Investors in GrubTech

Oryx Fund

Oryx Fund, part of Salica Investments, specializes in primary investments in seed-stage technology companies across the MENA region, focusing on sectors like finance, healthcare, enterprise, logistics, and education. They provide strategic guidance and regional connections.

Hambro Perks

Hambro Perks is an international investment firm based in London that focuses on private technology investing, partnering with founders across all stages of the investment cycle. They offer various specialized investment strategies.

What's next for GrubTech?

The recent major enterprise-level funding indicates GrubTech is poised for significant scaling and expansion. This strategic investment will likely fuel further product development, market penetration, and operational enhancements. The company's trajectory suggests a move towards solidifying its market leadership and potentially exploring new technological frontiers within the food tech ecosystem.

See full GrubTech company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Security SoftwareSoftware
Enterprise Resource Planning (ERP)SoftwareDatabase & File Management Software
Content & Collaboration SoftwareSoftwareHuman Resources Software
Content & Collaboration SoftwareSoftware

Frequently Asked Questions Regarding GrubTech Financial Insights

What are the most recent funding rounds that GrubTech has completed, and what were the funding rounds?
GrubTech has recently completed 3 funding rounds: Series B on May 28, 2024, Series A on Dec 6, 2021, Other Financing Round on Mar 16, 2021.
What is the total amount of funding GrubTech has raised to date?
GrubTech has raised a total of $33.4M in funding to date.
How many funding rounds has GrubTech completed?
GrubTech has completed 3 funding rounds.
How much funding did GrubTech raise in its most recent funding round?
GrubTech raised $15M in its most recent funding round.
Who are the lead investors in GrubTech's latest funding round?
The lead investor in GrubTech's latest funding round was Oryx Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in GrubTech's history?
The largest funding round in GrubTech's history was $15M.
See more information about GrubTech