Pure Food Mart Funding, Investors & Competitors

Pure Food Mart has raised $275M across 4 funding rounds, most recently a $190M Series C in August 2022.

Last Pure Food Mart funding round

$190M

Series C · Aug 2022

Cumulative funding Pure Food Mart raised

$275M

across 4 funding rounds

Pure Food Mart Overview

About Pure Food Mart

Pure Food Mart is a retail chain operating grocery stores and distribution warehouses in Ontario, Canada, and select U.S. Midwest locations stocking fresh produce, meats, dairy, and beverages. The stores feature in-house butcher counters and bakery sections sourcing from Ontario farms for items like Angus beef and artisan breads. Pure Food Mart maintains 24-hour operations at flagship Toronto sites and supplies independent grocers through its logistics network.


Founded

2015

HQ

CanadaVaughan

Status

Privately held

Customer focus

B2C & B2B

Revenue model

Product sales

Pure Food Mart Funding History

Pure Food Mart has raised a total of $275M across 4 funding rounds.

Pure Food Mart's first fundraising round was a $5M seed round in August 2016. The most recent completed round was a $190M Series C in August 2022.

Pure Food Mart funding rounds

Pure Food Mart funding rounds
DateStageRaised
Aug 2022Series C$190M
Jun 2021Series B$55M
Jul 2018Series A$25M
Aug 2016Seed$5M

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Pure Food Mart Competitors

Pure Food Mart competitors include listed companies like Loblaw Companies, Kroger, Ahold Delhaize and Metro Inc., and private ones like Reliance Retail and AMPM Store.

Public and private companies comparable to Pure Food Mart
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Reliance RetailIndiaMumbaiPrivate$28B$3.7B$101B-
Loblaw CompaniesCanadaCanadaPublicly listed$46B$5.2B$52B1.3x
KrogerUnited StatesUnited StatesPublicly listed$148B$5.8B$36B0.4x
Ahold DelhaizeNetherlandsNetherlandsPublicly listed$106B$8.2B$32B0.3x
Metro Inc.CanadaCanadaPublicly listed$16B$1.5B$14B1.1x
AMPM StoreIndiaKarnalPrivate--$900K-

Pure Food Mart Public Comps

Pure Food Mart is still privately-owned, but its public comps include Walmart, Costco, Target, Couche-Tard, Loblaw Companies, Walmart Mexico, FEMSA, Tesco, Kroger and Woolworths.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Walmart$713B$46B1.3x1.2x19.9x19.2x
Costco$275B$13B1.4x1.3x29.8x26.6x
Target$105B$8.3B0.8x0.8x10.3x9.6x
Couche-Tard$77B$7B0.8x0.8x9.2x9.5x
Loblaw Companies$46B$5.2B1.4x1.3x12.2x11.8x
Walmart Mexico$59B$5.9B0.8x0.8x8.2x8.0x
FEMSA$49B$6.3B0.8x0.7x6.1x5.0x
Tesco$99B$6.5B0.6x0.6x8.4x8.1x

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Common questions about Pure Food Mart

When was Pure Food Mart founded?Pure Food Mart was founded in 2015.
Where is Pure Food Mart headquartered?Pure Food Mart is headquartered in Vaughan, Canada.
Is Pure Food Mart publicly listed?No, Pure Food Mart is a private company.
How much funding has Pure Food Mart raised?Pure Food Mart has raised $275M across 4 funding rounds.
What was Pure Food Mart's last funding round?Pure Food Mart's last funding round was a $190M Series C in August 2022.
Which companies are comparable to Pure Food Mart?Companies comparable to Pure Food Mart include Reliance Retail, Loblaw Companies, Kroger, Ahold Delhaize, Metro Inc. and AMPM Store.

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