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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 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.
As a result of COVID-19, Instacart plans to bring on an additional 300,000 full-service Shoppers in the next three months to manage the surge in demand.
Instacart partners with over 600 national, regional, and local retailers to offer delivery from nearly 55,000 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 investors include 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, Robinhood, Databricks, Airbnb, Instacart, Magic Leap, Stripe, Zenefits, Rappi, Pinterest
Canaan Partners
Instacart, Turo, The RealReal, Lending Club, Berkshire Grey, Apartment List, Kustomer, ON24, ShopKeep, PerimeterX
Comcast Ventures
Instacart, Zenefits, Dollar Shave Club, FanDuel, DocuSign, BitSight, Nextdoor, Hippo Insurance, Vox Media, K Health
D1 Capital Partners
JUUL, goPuff, Instacart, Scopely, Unity Technologies, Faire, Goat Group, Groq, 6sense, DriveNets
Dragoneer Investment Group
Flipkart, Spotify, Databricks, Airbnb, Instacart, Chime, DoorDash, UiPath, Nubank, Dollar Shave Club
FundersClub
Instacart, Slack, Chainalysis, ZoomCar, Human Interest, Sendbird, Shippo, HomeLight, Embark Trucks, Greenhouse Software
GSV Capital
Spotify, Instacart, Pinterest, Bloom Energy, Dataminr, Hotchalk, Course Hero, General Assembly, Jamf
Haystack
Instacart, Hired, Ironclad, Wonolo, Citizen, People.ai, Narvar, Optimus Ride, Tempo Automation, Cobalt
Khosla Ventures
Instacart, DoorDash, Stripe, Palantir Technologies, Impossible Foods, View, Zenefits, Opendoor, Oscar Health, Affirm
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Magic Leap, DoorDash, Stripe, Epic Games, Bloom Energy, Slack
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, DoorDash, Stripe, UiPath, Moderna Therapeutics, Rappi
Thrive Capital
Instacart, Stripe, Compass, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health, Noom
Funding History
| June 2013 | $12.2M |
|---|---|
| June 2014 | $46.3M |
| October 2014 | $2.2M |
| December 2014 | $256M |
| March 2017 | $500M |
| April 2018 | $350M |
| November 2018 | $897M |
| June 2020 | $325M |
| October 2020 | $300M |
| February 2021 | $15.0M |
| February 2021 | $250M |
Management
Chief Executive Officer
Simo Fidji
Chief Financial Officer
Nick Giovanni
Chief Technology Officer
Mark Schaaf
Press
businessinsider - Oct, 1 2021
theinformation - Oct, 1 2021
vice - Sep, 30 2021
news - Sep, 23 2021
vice - Sep, 20 2021
retailtechinnovationhub - Sep, 15 2021
cultm - Sep, 3 2021
foodbusinessnews - Aug, 6 2021
finance - Aug, 4 2021
dlvr - Aug, 4 2021
businessinsider - Jul, 27 2021
Business Wire - May, 13 2020
TechCrunch - Apr, 25 2020
TechCrunch - Apr, 23 2020
TechCrunch - Apr, 16 2020
TechCrunch - Apr, 10 2020
TechCrunch - Apr, 8 2020
TechCrunch - Jan, 28 2020
TechCrunch - Jan, 14 2020
The Buffalo News - Jan, 7 2020
Supermarket News - Dec, 17 2019
TechCrunch - Dec, 9 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
Fast Company - Feb, 22 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
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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