What is Grubwithus?
Grubwithus operates within the global platform specializing in the sale of new and used sneakers, apparel, and accessories. The company offers a wide range of products including T-shirts, hoodies, bags, jewelry, and collectibles from renowned brands such as Air Jordan, Nike, and Gucci. Targeting sneaker enthusiasts and fashion-forward consumers, Grubwithus provides a curated selection of iconic and trending items. With over 315,000 listings, it caters to clients looking for both contemporary and archival pieces. The company's funding history indicates a progression from early-stage development to scaling operations, supported by substantial private equity and strategic investment rounds.
How much funding has Grubwithus raised?
Grubwithus has raised a total of $37.8M across 3 funding rounds:
Private Equity
$7.8M
Series A
$5M
Private Equity
$25M
Private Equity (2012): $7.8M, investors not publicly disclosed
Series A (2016): $5M led by Matrix Partners, Upfront Ventures, and Webb Investment Funding
Private Equity (2017): $25M supported by Webb Investment Funding, Accel Partners, Upfront Ventures, and Matrix Partners
Key Investors in Grubwithus
Webb Investment Funding
Webb Investment Network (WIN) is an investment firm that focuses on early-stage companies, providing investments ranging from $500,000 to $750,000. The company fosters a community of Affiliates and founders who are dedicated to supporting each other and sharing their expertise. WIN partners with ambitious founders who are eager to learn and grow as leaders, offering hands-on, collaborative support to help them build successful businesses. Founded by Maynard Webb in 2010, WIN leverages a vast network and deep industry experience to guide entrepreneurs in their journeys.
Accel Partners
Accel is a prominent venture capital firm known for its early-stage investments in technology companies. They have a track record of backing successful startups and providing strategic guidance to help them scale globally.
Matrix Partners
Headquartered in Chicago, Matrix Partners is an award-winning firm that specializes in pet product strategy, advertising and public relations. Passionate About PetsSM since 1987, Matrix has created successful marketing campaigns for hundreds of consumer and pet product brands. Matrix Partners' client experience includes dozens of national brands ranging from pet foods, treats and supplements to cat litter, accessories and grooming aids.
What's next for Grubwithus?
The substantial enterprise-level funding Grubwithus has attracted suggests a strategic focus on expanding its market reach and enhancing its platform capabilities. Future initiatives are likely to involve scaling operations, potentially through further acquisitions or strategic partnerships, and reinforcing its position in the competitive sneaker and streetwear resale market. Continued investment in technology and user experience will be crucial for maintaining its growth momentum and competitive edge.
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