GrubMarket CEO Mike Xu Recognized Among the Most Exceptional Entrepreneurs at the Goldman Sachs 2024 Builders and Innovators Summit

GrubMarket has some exciting news to share. Today, we are proud to announce that our CEO and Founder, Mike Xu, has been named one of the “Most Exceptional Entrepreneurs of 2024” by Goldman Sachs (NYSE:GS). Mike received this prestigious recognition at Goldman Sachs’ annual Builders and Innovators Summit in Healdsburg, California. This event honors visionary entrepreneurs making a huge impact in their respective industries.

Driving Innovation Under Mike’s Leadership

Under the leadership of Mike Xu, GrubMarket has been leading the charge in food supply chain innovation with solutions like GrubAssist—an enterprise AI assistant that delivers powerful insights, smart analysis, and automated order processing for food businesses. The company’s WholesaleWare platform takes things to the next level, offering an AI-powered ERP system that handles everything from financial management and sales support to inventory tracking, lot traceability, grower accounting, and logistics automation. And let’s not forget Orders IO, GrubMarket’s fully integrated, mobile eCommerce solution offering custom branding capabilities.

This recognition comes at an exciting time for GrubMarket, following a year of remarkable growth. The company has expanded its reach with major acquisitions, including Brothers Produce, the largest foodservice provider in Texas, and Good Eggs, a leading U.S. online grocery platform. GrubMarket’s continued success also landed it a spot on the prestigious CNBC Disruptor 50 list for the second year in a row.

Mike Xu expressed his appreciation for this recognition, saying: “It’s an incredible honor to be named alongside these exceptional entrepreneurs at this year’s Goldman Sachs Builders and Innovators Summit. This recognition is not just a reflection of my efforts, but that of the entire GrubMarket team, whose dedication and passion have driven our company’s growth and innovation. As we continue to scale, we remain committed to our mission to transform the food supply chain into a more sustainable and efficient ecosystem, powered by innovative technology.”

Recognizing Industry Trailblazers

David Solomon, Chairman and CEO of Goldman Sachs, emphasized the importance of honoring leaders like Xu, saying: “I am thrilled to recognize Mike Xu as one of the most exceptional entrepreneurs of 2024. Mike and his team have built an impressive business that continues to grow at scale. We look forward to bringing this year’s cohort together to share insights on topics ranging from the evolving geopolitical landscape and accessing new pools of capital to using the power of storytelling to reach new audiences.”

In its 13th year, Goldman’s Builders and Innovators Summit is the can’t-miss gathering for Founders and CEOs of high-growth companies. Previous honorees have gone on to lead multi-billion-dollar companies, both in the private and public markets. Since 2012, Goldman Sachs has held its annual Builders and Innovators Summit to bring together both rising entrepreneurs and more seasoned business leaders from a wide range of industries and backgrounds, providing a forum to discuss how to build enduring companies that reshape industries and drive progress through innovation. The Summit is known for gathering top-tier leaders pioneering the future of business through disruptive technologies and impactful initiatives.

As GrubMarket continues to grow and innovate under Mike’s leadership, the future of the food supply chain looks brighter—and more sustainable—than ever.