Webvan

company

About

Webvan Group is an internet retailer that offers delivery services by merging a web store with distribution facility and delivery system.

  • 1001 - 5000

Details

Last Funding Type
Series B
Last Funding Money Raised
$35.30M
Industries
Delivery,E-Commerce,Retail,Shopping
Founded date
Jan 1, 1996
Number Of Employee
1001 - 5000
Operating Status
Close

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$320.80M
Webvan has raised a total of $320.80M in funding over 2 rounds. Their latest funding was raised on Jul 23, 1999 from a Series D round.
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

Investors

Number of Lead Investors
Number of Investors
2
1
Webvan is funded by 1 investors. Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Sequoia Capital Yes Series D