Instacart
Instacart
Online groceries

Grocery delivery or pick up services

Business Highlights

Instacart is a provider of online grocery delivery services offering same-day delivery and pickup services of fresh groceries and everyday essentials.

The provider of an on-demand goods delivery application designed to order and secure delivery of groceries from local stores. The company’s application uses software that easily determines the right time to dispatch a shopper, based on weather, traffic, sporting events and other factors, enabling its users to shop for grocery items from over 200 retailers and have them conveniently delivered to their door in a timely manner.

Instacart was founded in 2012 by entrepreneur Apoorva Mehta, a former Amazon.com employee. Apoorva was born in India and moved with his family to Canada in 2000.He studied engineering at the University of Waterloo and graduated in 2008.Instacart originally launched in San Francisco.

Instacart lets you shop from local grocery stores online, then sends a “personal shopper” to fulfill and deliver your order to you the same day. … This personal shopper goes to the store, picks up everything on your list, and then drives it to you in their own car. Think of it as the Uber of grocery delivery

Delivery and PickUp Services

500M Products

40,000 Stores

5,500+ Cities

Key Information

Unicorns Companies on the PrimaryMarkets Platform:

  • USA based Companies with an estimated market capitalisation in excess of US$1B.
  • Trading in these securities entails compliance with USA regimes such as FINRA and SEC as well as possible ROFR (Right Of First Refusal) imposed by many Unicorns.
  • All Traders must be Sophisticated, Professional, Institutional, Accredited Investors.
  • Minimum trade size US$250,000

Financials

Total funding to date – $2.7B (from 17 funding rounds).

Most recent capital raising in March 2021 of US$265B with Enterprise Value US$39.13B from existing venture capital investors including Andreessen Horowitz, Sequoia and D1 Capital Partners, as well as existing institutional investors like Fidelity and T. Rowe Price

Enterprise Value US$46.8B

Announcements

Instacrat taps Investment Banker as Finance Chief

Read more

Team

Jeffrey Jordan

Andreessen Horowitz

Michael Moritz

Sequoia Capital

Apoorva Mehta

CEO & Co-Founder

Brandon Leonardo

Co-Founder

Maxwell Mullen

Co-Founder

image

Agripower

Agriculture

image

Animoca Brands

Online Gaming

image

Arbortech

Industrials

image

Blooms the Chemist

Retail

Pharmacy

image

Crestone Holdings Limited

Wealth Management

image

Fort Street Real Estate Capital

Property

Fund

image

Haoma Mining NL

Metals & Mining

image

Happy Co

Information Technology

image

iSignthis

Information Technology

image

Myer Family Investments

Financial

image

Orbit Express

Aerospace Technology

image

Planet Innovation

Healthcare Technology

    Thank you for your enquiry.
    We will be in touch as soon as possible.