Instacart Stock
Grocery & home essentials delivery service
About Instacart Stock
Instacart is a grocery delivery startup that offers same‐day delivery. Customers use the the company's website or app to fill their virtual shopping cart with items from local stores. Instacart then connects the customers with shoppers who pick the items and deliver them straight to their door. Customers can choose from a variety of local stores and mix items from multiple grocers into one order. In November 2018, Instacart announced a new pickup feature, which was rolled out throughout the 2019. The new feature allows customers to pick their orders up from select grocery stores. Instacart announced the expansion of the pickup service, which will take place during 2020.
Instacart partners with over 350 national, regional, and local retailers to offer delivery from nearly 25,000 stores across more than 5,500 cities. Some of the grocers and retailers include Safeway, Super Fresh, Harris Teeter, Shaw's, Mariano's, Jewel‐Osco, Stanley's, and Costco.
Instacart has raised over $1.9 billion in funding to date from Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Sequoia Capital, Y Combinator, Khosla Ventures, Canaan Partners and other participants. Instacart was founded in 2012 and is based in San Francisco.
Investors
Andreessen Horowitz
Lyft, Airbnb, Magic Leap, Instacart, Pinterest, Slack, Rappi, Dollar Shave Club, Jawbone, Stripe
Canaan Partners
Instacart, Turo, The RealReal, Lending Club, Berkshire Grey, ShopKeep, Apartment List, ScaleFactor, Leanplum, PerimeterX
Comcast Ventures
Instacart, Dollar Shave Club, FanDuel, DocuSign, Zenefits, Nextdoor, Vox Media, DataStax, Hippo Insurance, Away
D1 Capital Partners
Dragoneer Investment Group
Flipkart, Spotify, Airbnb, DoorDash, Instacart, Nubank, Dollar Shave Club, UiPath, Databricks, Databricks Fund
GSV Capital
Spotify, Instacart, Pinterest, Bloom Energy, Dataminr, General Assembly, Jamf, Course Hero
Haystack
Khosla Ventures
Palantir Technologies, DoorDash, Instacart, View, Opendoor, Oscar Health, Katerra, Impossible Foods, Jawbone, Stripe
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Magic Leap, DoorDash, Instacart, Epic Games, Bloom Energy, Slack, Dollar Shave Club
Sequoia Capital
Airbnb, DoorDash, Instacart, Moderna Therapeutics, Nubank, Rappi, Bird, Dropbox, Jawbone, Stripe
Thrive Capital
Instacart, Compass, Opendoor, Nubank, Slack, Oscar Health, Stripe, Unity Technologies, ClassPass, Lemonade
Y Combinator
Airbnb, DoorDash, Instacart, Flexport, Rappi, Stripe, Ginkgo Bioworks, Machine Zone, Zenefits, Reddit
Funding History
| June 2013 | $12.2M |
|---|---|
| June 2014 | $47.4M |
| October 2014 | $2.2M |
| December 2014 | $256M |
| March 2017 | $500M |
| April 2018 | $350M |
| November 2018 | $897M |
Management
Chief Executive Officer
Apoorva Mehta
Chief Marketing Officer
Jakii Chu
Chief Financial Officer
Sagar Sanghvi
Vice President of Retail
Chris Rogers
Chief Revenue Officer
Seth Dallaire
Chief Technology Officer
Mark Schaaf
Chief Communications Officer
Dani Dudeck
Press
TechCrunch - Feb, 7 2020
New York Times - Jan, 31 2020
TechCrunch - Jan, 28 2020
TechCrunch - Jan, 14 2020
The Buffalo News - Jan, 7 2020
TechCrunch - Dec, 26 2019
Supermarket News - Dec, 17 2019
TechCrunch - Dec, 9 2019
Forbes - Dec, 5 2019
TechCrunch - Oct, 11 2019
TechCrunch - Aug, 28 2019
Fast Company - Jul, 16 2019
TechCrunch - Jun, 24 2019
Fast Company - Apr, 11 2019
TechCrunch - Mar, 27 2019
TechCrunch - Mar, 12 2019
Wall Streets Journal - Feb, 28 2019
Fast Company - Feb, 22 2019
Fast Company - Feb, 13 2019
TechCrunch - Feb, 9 2019
TechCrunch - Feb, 8 2019
Fast Company - Feb, 6 2019
Fast Company - Feb, 4 2019
Forbes - Jan, 5 2019
Other Companies
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