Webvan Group is an internet retailer that offers delivery services by merging a web store with distribution facility and delivery system.
Webvan Group, Inc. and its subsidiaries, Webvan-Bay Area, Inc., Webvan Operations, Inc., and HomeGrocer.com, Inc. filed voluntary petitions for Chapter 11 bankruptcy protection in the United Stated Bankruptcy Court in July 2001 and ceased operations. Webvan Group, Inc. operates as an Internet retailer offering delivery of consumer products through a proprietary business design that integrates its Webstore, a distribution facility and delivery system. Its product offerings are principally focused on food; non-prescription drug products; and general merchandise, including housewares, pet supplies, consumer electronics, and entertainment products and books. The Webstore is customized for each facility to present only the products available in that facility. It offers a selection of traditional grocery store products and also non-grocery store products. Webvan's competitors include [Peapod](http://www.crunchbase.com/organization/peapod), PDQuick, and Albertsons.com. The company is based in Foster City, Califonia.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 23, 1999 | Series D | $275M | 1 | Sequoia Capital | — | Detail |
Mar 1, 1998 | Series B | $35.30M | 1 | — | — | Detail |
Sep 1, 1997 | Series A | $10.50M | 1 | Sequoia Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Sequoia Capital | Yes | Series D |