Top 14 Grocery Unicorns in 2024

Updated:

January 22, 2024

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Unicorns

The Grocery industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns — private companies worth over $1 billion.

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If you want to build the next unicorn in the Grocery space, these 14 companies should be your inspiration.

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14 Grocery Unicorns Companies

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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1) Instacart

Instacart is a multi-channel grocery delivery service that connects customers with personal shoppers to hand pick items from local stores for same-day delivery or in-store pickup.

Details of the startup:

  • Valuation: $39.00B (December 2014)

  • Country: United States

  • State: California

  • City: San Francisco

  • Started in: 2012

  • Founders: Apoorva Mehta, Brandon Leonardo, Max Mullen

  • Number of employees: 5,000-10,000

  • Funding: $2,686.01M

  • Funding rounds: 20

  • Number of investors: 38

You can find their website here.

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2) goPuff

Gopuff is a mobile app that delivers products such as over-the-counter medication, baby formula, and alcohol from nearby stores.

Details of the startup:

  • Valuation: $15.00B (October 2020)

  • Country: United States

  • State: Pennsylvania

  • City: Philadelphia

  • Started in: 2013

  • Founders: Rafael Ilishayev, Yakir Gola

  • Number of employees: 5,000-10,000

  • Funding: $290.88M

  • Funding rounds: 9

  • Number of investors: 19

You can find their website here.

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3) Bolt

Bolt provides a seamless end-to-end transportation experience in cities through multimodal services, including ride-hailing, food delivery and car-sharing.

Details of the startup:

  • Valuation: $8.40B (May 2018)

  • Country: Estonia

  • City: Tallinn

  • Started in: 2013

  • Founders: Markus Villig, Martin Villig, Oliver Leisalu

  • Number of employees: 1,000-5,000

  • Funding: $1,970.53M

  • Funding rounds: 14

  • Number of investors: 33

You can find their website here.

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4) Xingsheng Selected

Xingsheng Youxuan is the only one-stop community shopping platform for consumers to buy products and services in one place.

Details of the startup:

  • Valuation: $7.83B (July 2020)

  • Country: China

  • State: Hunan

  • City: Changsha

  • Started in: 2009

  • Founders: Lihua Yue

  • Number of employees: 10,000+

  • Funding: $5,040.00M

  • Funding rounds: 9

  • Number of investors: 14

You can find their website here.

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5) Flink

Flink is an online startup that offers grocery deliveries in ten minutes.

Details of the startup:

  • Valuation: $5.00B (December 2021)

  • Country: Germany

  • City: Berlin

  • Started in: 2021

  • Founders: Christoph Cordes, Julian Dames, Nikolas Bullwinkel, Oliver Merkel, Saad Saeed

  • Number of employees: 5,000-10,000

  • Funding: $1,042.00M

  • Funding rounds: 4

  • Number of investors: 10

You can find their website here.

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6) Weee!

Weee! is a modern online grocery marketplace. They deliver the widest variety of quality Latin and Asian food products, including specialty products and everyday staples.

Details of the startup:

  • Valuation: $4.10B (March 2021)

  • Country: United States

  • State: California

  • City: Fremont

  • Started in: 2015

  • Founders: Larry Liu

  • Number of employees: 100-250

  • Funding: $411.30M

  • Funding rounds: 7

  • Number of investors: 12

You can find their website here.

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7) Gorillas

Gorillas is an on-demand grocery and household items delivery service that allows customers to order online from local, independent merchants.

Details of the startup:

  • Valuation: $3.10B (March 2021)

  • Country: Germany

  • City: Berlin

  • Started in: 2020

  • Founders: Jörg Kattner, Kağan Sümer, Ronny Shibley, Ugur Samut

  • Number of employees: 1,000-5,000

  • Funding: $1,335.46M

  • Funding rounds: 5

  • Number of investors: 19

You can find their website here.

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8) Fetch Rewards

Fetch Rewards is an ecommerce loyalty platform designed to reward shoppers for their purchases.

Details of the startup:

  • Valuation: $2.50B (March 2021)

  • Country: United States

  • State: Wisconsin

  • City: Madison

  • Started in: 2014

  • Founders: Daniel Litvak, Tyler Kennedy, Wes Schroll

  • Number of employees: 500-1,000

  • Funding: $341.51M

  • Funding rounds: 8

  • Number of investors: 10

You can find their website here.

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9) GrubMarket

GrubMarket supplies local fresh food online with affordable prices and convenient delivery.

Details of the startup:

  • Valuation: $2.00B (September 2021)

  • Country: United States

  • State: California

  • City: San Francisco

  • Started in: 2013

  • Founders: Mike Xu

  • Number of employees: 10-50

  • Funding: $396.06M

  • Funding rounds: 7

  • Number of investors: 61

You can find their website here.

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10) Misfits Market

Misfits Market delivers a customized subscription box service for organically sourced products.

Details of the startup:

  • Valuation: $2.00B (April 2021)

  • Country: United States

  • State: New Jersey

  • City: Pennsauken

  • Started in: 2018

  • Founders: Abhi Ramesh

  • Number of employees: 100-250

  • Funding: $526.50M

  • Funding rounds: 4

  • Number of investors: 10

You can find their website here.

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11) DealShare

DealShare is a fast growing social e-commerce startup.

Details of the startup:

  • Valuation: $1.70B (January 2022)

  • Country: India

  • City: Bengaluru

  • Started in: 2018

  • Founders: Rajat Shikhar, Sankar Bora, Sourjyendu Medda, Vineet Rao

  • Number of employees: 1,000-5,000

  • Funding: $391.52M

  • Funding rounds: 11

  • Number of investors: 18

You can find their website here.

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12) Yiguo.com

Shanghai Yiguo E-Commerce owns and operates Yiguo.com, an e-commerce platform that sells fresh food online.

Details of the startup:

  • Valuation: $1.20B (November 2016)

  • Country: China

  • State: Shanghai

  • City: Changning

  • Started in: 2005

  • Founders: Zhang Ye

  • Number of employees: 5001-10000

  • Funding: $500.00M

  • Funding rounds: 5

  • Number of investors: 4

You can find their website here.

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13) Rohlik

Rohlik is a grocery delivery service that provides same-day delivery in 90 minutes.

Details of the startup:

  • Valuation: $1.20B (July 2021)

  • Country: Czech Republic

  • State: Hlavni mesto Praha

  • City: Karlín

  • Started in: 2014

  • Founders: Marek Sacha, Tomas Cupr

  • Number of employees: 101-250

  • Funding: $613.08M

  • Funding rounds: 8

  • Number of investors: 14

You can find their website here.

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14) Jokr

JOKR is a grocery and delivery platform that provides hyper-local product delivery services.

Details of the startup:

  • Valuation: $1.20B (December 2021)

  • Country: United States

  • State: New York

  • City: New York

  • Started in: 2021

  • Founders: Aspa Lekka, Benjamin Bauer, German Peralta, Konstantin Sorger, Piotr Lagowski, Ralf Wenzel, Sven Grajetzki

  • Number of employees: 100-250

  • Funding: $430.00M

  • Funding rounds: 2

  • Number of investors: 15

You can find their website here.

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