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Instacart Stock

Grocery & home essentials delivery service

Founded

2012

Notable Investors

D1 Capital Partners

Headquarters

San Francisco CA, US

Total Funding

$2.1B

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

D1 Capital Partners

Instacart, Unity Technologies

Valiant Capital Management

Instacart, Pinterest, VivaReal

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

The year of the gig worker uprising

TechCrunch - Dec, 26 2019

How A.I. Is Making Supermarkets Less Exhausting

Wall Streets Journal - Feb, 28 2019

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Instacart or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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