Spud - About the company
Spud is an acquired company based in Burnaby (Canada), founded in 1997. It operates as an Online retailer offering organic groceries. Spud has raised $22.1M in funding from Walter Capital Partners and Credit Mutuel Equity. The company has 14 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Fresh City Farms, Viva Naturals and Raw Elements.
Company Details
SPUD is an online platform for fresh produce and organic foods. They have partnered with multiple farmers and producers to sell their products through the platform. It also offers a Wellness Club where users can sign up and receive discounts on wellness products.
- Website
- www.spud.ca/
- Email ID
- *****@spud.ca
Key Metrics
Founded Year
1997
Location
Burnaby, Canada
Stage
Acquired
Total Funding
$22.1M in 6 rounds
Latest Funding Round
Investors
Ranked
1st among 14 active competitors
Employee Count
224 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by GrubMarket (Jul 21, 2026)
Spud's acquisition details
Spud got acquired by GrubMarket on Jul 21, 2026.
Click here to take a look at Spud's acquisition in detail
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Spud's funding and investors
Spud has raised a total funding of $22.1M over 6 rounds. Its latest funding round was a Grant (prize money) round on Mar 17, 2022 for $*****. 1 investor participated in its latest round. Spud has 7 institutional investors.
Here is the list of recent funding rounds of Spud:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 17, 2022 | 4280983 | Grant (prize money) | 5613415 | 2072737 | 6868437 | 6055577 |
Nov 19, 2021 | 2680879 | Post IPO | 1206836 | 9133108 | 4036909 | 5756987 |
Dec 18, 2018 | 5265405 | Series A | 7995625 | 8992766 |
View details of Spud's funding rounds and investors
Spud's founders and board of directors
Founder? Claim ProfileSpud's employee count trend
Spud has 224 employees as of Jul 26. Here is Spud's employee count trend over the years:
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Spud's Competitors and alternates
Top competitors of Spud include Fresh City Farms, Viva Naturals and Raw Elements. Here is the list of Top 10 competitors of Spud, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer offering organic groceries | $22.1M | 65/100 | ||
2nd | Fresh City Farms 2011, Toronto (Canada), Seed | Online retailer for organic grocery products | - | 35/100 | |
3rd | Viva Naturals 2011, Toronto (Canada), Unfunded | Manufacturer of custom dietary supplements and vitamins | - | - | 27/100 |
4th | Raw Elements 2005, Acton (Canada), Unfunded | Online retail platform offering grocery supplies | - | - | 27/100 |
5th | On The Move Organics 2008, London (Canada), Unfunded | Online store for organic groceries | - | - | 27/100 |
6th | Goodfood2u 2013, Ottawa (Canada), Unfunded | Platform providing delivery services for organic food & grocery | - | - | 25/100 |
7th | Online retailer of natural and organic products | - | - | 24/100 | |
8th | Pure Feast 2016, Toronto (Canada), Unfunded | Online retailer for organic food items | - | - | 24/100 |
9th | Upaya Naturals 2004, Barrie (Canada), Unfunded | Online retailer of organic products | - | - | 24/100 |
10th | Farm Organic 2012, Toronto (Canada), Unfunded | Online retailer of organic products | - | - | 22/100 |
Looking for more details on Spud's competitors? Click here to see the top ones
Spud's Investments and acquisitions
Spud has made no investments or acquisitions yet.
Reports related to Spud
Here is the latest report on Spud's sector:
News related to Spud
Media has covered Spud for 1 event in last 1 year.
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GrubMarket Acquires SPUD, a Leading Canadian Online Grocery CompanyPR Newswire•Jul 21, 2026•GrubMarket, Spud
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Food-X Technologies Receives Additional Funding to Enhance eGrocery Management Solution for RetailersBusiness Wire•Aug 05, 2020•Food-X, Digitalsupercluster, Spud, OpsGuru and 4 others
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Food-X Technologies to Lead e-Grocery Management System Development for AI Innovation EffortBusiness Wire•Apr 20, 2020•Food-X, Digitalsupercluster, Adaptech Group, 1QBit and 3 others
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