When was Webvan founded?

Webvan was founded in 1996 and raised its 1st funding round 1 year after it was founded.

Where is Webvan located?

Webvan is headquartered in Foster City, United States. It is registered at 310 LAKESIDE DR FOSTER CITY CA 94404 United States.

Is Webvan a funded company?

Webvan is a funded company, having raised a total of $394M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 1997.

When was the latest funding round of Webvan?

Webvan's latest funding was a $***** Series D round on Jul 24, 1999, with participation from 3 investors. Its primary sector is Online Grocery. In United States, the Online Grocery sector has seen $119M in funding in 2026 to date.

Where does Webvan rank among its competitors?

Webvan ranks 54th amongst 558 active competitors, of which 42 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Getir, which secured $250M in Jun, 2024.

Who are the top competitors of Webvan?

Webvan's top competitors include DoorDash, Thrive Market and Gopuff. Among them, Getir secured the most recent funding round in June, 2024.

Webvan - 2026 Company Profile, Team, Funding & Competitors

Webvan is a deadpooled company based in Foster City (United States), founded in 1996 by Louis Borders. It operates as an Internet grocery retailer. Webvan has raised $394M in funding from investors like SoftBank Capital, Yahoo and Sequoia Capital. The company has 558 active competitors, including 42 funded and 25 that have exited. Its top competitors include companies like DoorDash, Thrive Market and Gopuff.

Company Details

Webvan, was an online grocery retailer that went bankrupt in 2001. It delivered products to customers' homes within a 30-minute window of their choosing. At its peak, it offered service in ten US markets. Venture capitalists invested more than $396 million in Webvan to help it build its infrastructure and raised $375 million in an initial public offering in November 1999 that valued the company at more than $4.8 billion. The money spent on infrastructure far exceeded sales growth (Webvan placed a $1 billion (USD) order with engineering company Bechtel to build its warehouses, and bought a fleet of delivery trucks.) because of which it had to file bankruptcy.

Website: webvan.com
Registered Address: 310 LAKESIDE DR FOSTER CITY CA 94404 United States

Key Metrics

Founded Year

1996

Location

Foster City, United States

Stage

Deadpooled

Total Funding

$394M in 4 rounds

Latest Funding Round

Series D, Jul 24, 1999, $*****

Investors

SoftBank Capital & 7 more

Ranked

54^th among 558 active competitors

Investment & Acquisitions

Pluto Games

Similar Companies

Bigbasket & 3590 more

View Webvan's full profile

Webvan is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WEBVAN GROUP, INC. CIN: - , United States, Active	Aug 16, 1999	-	-	-

Webvan has raised a total funding of $394M over 4 rounds. Its first funding round was on 1997. Its latest funding round was a Series D round on Jul 24, 1999 for $*****. 3 investors participated in its latest round. Webvan has 8 institutional investors.

Here is the list of recent funding rounds of Webvan:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 24, 1999	5622104	Series D	1448939	1808370	8208273	2669295
Jan 1999	1104507	Series C	6058259	7744915	5775466	1166503
1998	2625	Series B	7563	3618	SoftBank Capital	3722

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View details of Webvan's funding rounds and investors

The founders of Webvan is Louis Borders.

Here are the details of Webvan's key team members:

Louis Borders: Founder of Webvan and founder of 2 other companies, Track3t and Home Delivery Service.
Contact Info: 2 email addresses

View details of Webvan's Founder profiles and Board Members

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Top competitors of Webvan include DoorDash, Thrive Market and Gopuff. Here is the list of Top 10 competitors of Webvan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DoorDash 2013, San Francisco (United States), Public	Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers	$2.5B	Dragoneer Investment Group, Coatue & 53 others	88/100
2nd	Thrive Market 2014, Los Angeles (United States), Series C	Online membership-based platform offering organic groceries	$332M	Invus, Greycroft & 64 others	83/100
3rd	Gopuff 2013, Philadelphia (United States), Series D	Online platform offering on-demand delivery services for food and groceries	$5.14B	SoftBank Vision Fund, Fidelity Investments ... & 28 others	79/100
4th	Shipt 2014, Birmingham (United States), Acquired	Provider of on-demand grocery delivery	$60.1M	Greycroft, Headline & 6 others	78/100
5th	SayWeee 2015, San Francisco (United States), Series E	Online retailer of Asian groceries, food, and household products	$864M	DST Global, Goodwater Capital & 21 others	77/100
6th	Fresh Direct 2002, New York City (United States), Acquired	Online platform offering multi-category grocery products	$325M	Morrisons, J P Morgan & 8 others	75/100
7th	Getir 2015, Istanbul (Turkey), Series E	App based platform offering multi-category grocery products	$2.54B	Mubadala, Tiger Global Management & 20 others	74/100
8th	Mercato 2015, Brooklyn (United States), Series A	Online grocery delivery connecting customers with local, independent grocers	$40.8M	Greycroft, Velvet Sea Ventures & 13 others	74/100
9th	Foxtrot 2013, Chicago (United States), Series C	Online retailer offering multi-category grocery products	$169M	Fifth Wall, D1 Capital Partners & 30 others	69/100
10th	UberEATS 2014, Denver (United States), Funding Raised	App-based platform offering food and grocery delivery services	-	A-Rod	68/100
54th	Webvan 1996, Foster City (United States), Deadpooled	Internet grocery retailer	$394M	Goldman Sachs, Benchmark & 6 others	39/100