Who Owns Grubhub?
Updated onExplore the ownership hierarchy of Grubhub. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Grubhub is a U.S.-based online food ordering and delivery marketplace that connects diners with local restaurants via web and mobile apps.
Starts at $9.99 / per month / monthly
Wonder
Wonder is a New York–based food and restaurant technology startup that operates a delivery-first digital food hall and mealtime super app offering multi-restaurant ordering from celebrity chef and proprietary brands.
Grubhub is a U.S.-based online food ordering and delivery marketplace that connects diners with local restaurants via web and mobile apps.
Starts at $9.99 / per month / monthly
Wonder
Wonder is a New York–based food and restaurant technology startup that operates a delivery-first digital food hall and mealtime super app offering multi-restaurant ordering from celebrity chef and proprietary brands.
Major Shareholders
Wonder
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Marc Lore Founder, chairman and CEO of Wonder Group (Wonder), and widely regarded as the company’s key individual shareholder; he personally invested about $100M into Wonder’s $700M funding round in March 2024, indicating a substantial equity stake. Because Wonder is privately held, his exact ownership percentage is not disclosed and all rankings are approximate, based on funding disclosures and governance roles. | Founder | — | Jun 2025 |
New Enterprise Associates (NEA) Major venture capital backer and one of Wonder’s largest institutional shareholders. NEA led the May 6, 2025 $600M funding round and is repeatedly listed as a lead or key investor in earlier Series B/C financings; NEA partner Tony Florence serves on Wonder Group, Inc.’s board, underscoring its significant stake. Exact percentage ownership is not publicly disclosed. | Institutional | — | May 2025 |
GV (Google Ventures) Corporate venture arm of Alphabet and a core institutional owner of Wonder. GV (often branded as Google Ventures) first invested in Wonder’s 2021 Series B, participated in the large 2022 Series B and 2024 Series C, and was a lead investor in the $600M round announced May 6, 2025; GV partner Dave Munichiello sits on Wonder’s board. Precise equity percentage is not disclosed. | Institutional | — | May 2025 |
Accel Global venture capital firm and long‑standing major shareholder. Accel joined Wonder’s 2021 Series B, invested in the 2022 $350M Series B extension and the large 2024 $700M round, and is part of the lead investor group in the May 2025 $600M financing; partner Sameer Gandhi serves as a director of Wonder Group, Inc. Ownership percentage is not publicly reported. | Institutional | — | May 2025 |
Bain Capital Ventures Venture arm of Bain Capital and an important early investor; Bain Capital Ventures participated in Wonder’s December 2021 Series B and the June 2022 $350M Series B, and is consistently listed among the company’s “major existing shareholders” in the March 2024 $700M round. Exact stake size is not disclosed. | Institutional | — | Mar 2024 |
Forerunner Ventures Consumer‑focused VC firm and significant minority owner. Forerunner joined Wonder’s 2022 $350M Series B and is repeatedly cited among the major existing shareholders and lead investors in both the March 2024 $700M round and the May 2025 $600M round. Ownership percentage has not been publicly specified. | Institutional | — | May 2025 |
Nestlé S.A. Global food company that became a strategic corporate shareholder in Wonder via an approximately $100M investment announced in November 2023; Nestlé is subsequently referenced as a strategic investor participating alongside major VCs in Wonder’s $700M March 2024 funding round. The size of Nestlé’s resulting equity stake in Wonder has not been publicly disclosed. | Corporate | — | Mar 2024 |
American Express Ventures (American Express Company) Corporate venture arm of American Express and a recurring strategic investor. Amex Ventures first invested in Wonder’s June 2022 Series B, is listed among the institutional investors in that round, and is described as a strategic investor in both the March 2024 $700M raise and the May 6, 2025 $600M funding. Exact ownership percentage is undisclosed. | Corporate | — | May 2025 |
Alpine Group / Alpine (investor) Investment firm referred to in filings and press as Alpine, Alpine Group, or Alpine Investors; participated in Wonder’s June 2022 $350M Series B and is explicitly named among the major existing shareholders in the March 2024 $700M round. Specific equity percentage has not been published. | Institutional | — | Mar 2024 |
Harmony Partners Growth‑stage investment firm and continuing shareholder in Wonder; Harmony Partners invested in the 2022 $350M Series B and is repeatedly cited among Wonder’s major existing shareholders in the $700M March 2024 financing. Public sources do not disclose its exact ownership stake. | Institutional | — | Mar 2024 |
Watar Partners Investment firm identified as an existing shareholder in Wonder’s June 2022 Series B and again as an investor in the March 2024 $700M round, where it is grouped with other major existing shareholders, indicating a meaningful minority position. No public data specifies its exact equity percentage. | Institutional | — | Mar 2024 |
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