SAN FRANCISCO, CA - Joining our list of honorees this morning, GrubMarket also received a high distinction. The company was named to the CNBC Disruptor 50 list, which highlights ambitious companies changing their industries, for the second year in a row.
"It has been an incredible year for GrubMarket, and we are proud to be recognized on the CNBC Disruptor 50 list for a second consecutive year," said Mike Xu, Founder and Chief Executive Officer. "This is a tremendous honor for us and a testament to our team's exceptional dedication to creating a more equitable and sustainable food system powered by our best-in-class AI and software technologies. As we celebrate this achievement, we are excited to continue building on our trajectory as one of the world's fastest-growing and most impactful food tech companies."
GrubMarket has been having a banner year, with launches such as its GrubAssist AI product, and plans to become the first enterprise AI solutions provider for the food supply chain.
According to a press release, GrubMarket has surpassed $2 billion in run-rate revenue— making it one of the largest private food tech companies in the U.S. by revenue—and has improved profitability for yet another consecutive year.
Congratulations to GrubMarket on this distinction!
