GrubMarket says it has been named to the inaugural Time100 Companies: Industry Leaders list, which recognizes companies making an extraordinary impact.
To compile the list, Time solicited nominations across sectors and surveyed its global network of contributors, correspondents and external experts. Editors evaluated each company based on key factors, including impact, innovation, ambition and success.
“GrubMarket makes software that helps food wholesalers track the price of mangoes and issue PTO requests,” Time writes. “It also happens to be the largest private food company in the United States, valued at $4.5 billion. Since the pandemic, the San Francisco-based company, founded by Mike Xu, has been on a dizzying acquisitions spree, gobbling up dozens of food wholesalers and distributors — companies that supply tropical fruits to Walmart and tomatoes to In-N-Out Burger — and converting them into modern e-commerce operations running on its AI-powered WholesaleWare platform, which automates everything from ordering and pricing to demand forecasting for perishable goods. The strategy has given GrubMarket a growing stake in the food supply chain itself, not just the technology running it.”
GrubMarket says this recognition follows a year of significant growth and innovation for the company, which has accelerated its pace of AI innovation, introducing a new generation of agentic AI solutions, including the Inventory Management AI Agent, Reporting AI Agent and Monitoring AI Agent.
GrubMarket also acquired Delta Fresh Produce in April 2025, and in June 2025 it acquired Coast Citrus. In November 2025, GrubMarket added over 850 software customers with the acquisition of Procurant.
The company says it has also made strides with its Sustainable California initiative, which has sponsored the planting of over 230,000 trees in at-risk regions throughout the state. GrubMarket also continues to support underserved farmers in achieving organic certification through grants, mentorship and technical assistance.
The company says it plans to further scale its presence across the U.S. and internationally.
“We are honored to be recognized by Time as one of the Time100 Companies: Industry Leaders,” says Mike Xu, founder and CEO of GrubMarket. “This recognition reflects our team’s relentless pursuit of operational excellence and sustainable growth, as well as our progress against our mission to transform the food supply chain through AI, eCommerce, vertical software-as-a-service and other technological innovations. We are honored to advance solutions that drive better efficiency and performance, and we remain committed to fostering a healthier, more sustainable future for our industry.”
