Instacart is a same-day grocery firm offering delivery in as little as one hour. The Company is focused on groceries and home essentials. Instacart facilitates users to connect with personal shoppers in their area who pick up and deliver groceries from local stores.
Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
1,975 (est)
Instacart was founded in 2012 and is headquartered in San Francisco, US
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Key People/Management at Instacart

Apoorva Mehta

Apoorva Mehta

CEO/Founder
Ravi Gupta

Ravi Gupta

CFO
Max Mullen

Max Mullen

Co-Founder
Brandon Leonardo

Brandon Leonardo

Co-Founder

Instacart Office Locations

Instacart has offices in Big Bend, Anacortes, Aldie, Burlington and in 70 other locations
San Francisco, US (HQ)
50 Beale Suite 600
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Instacart Financials and Metrics

Summary Metrics

Instacart's latest funding round in April 2018 was reported to be $150 m. In total, Instacart has raised $1 b. Instacart's latest valuation is reported to be $4.4 b.
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Instacart Financials

Instacart's revenue was reported to be $600 m in Y, 2016 which is a 500% increase from the previous period.
USD

Revenue (Y, 2016)

600 m

Revenue growth (Y, 2015 - Y, 2016), %

500%

Market valuation

4.4 b
USDY, 2015EY, 2016E

Revenue

100 m600 m

Revenue growth, %

500%
USDY, 2016

Revenue/Employee

730.4 k
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Instacart Operating Metrics

Mar, 2017May, 2017

Markets

36

Products

500 k
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Instacart Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Unata (68)January 16, 2018
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Instacart Online and Social Media Presence

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Instacart News and Updates

ALDI Named America's Grocery Value Leader for the Eighth Consecutive Year

BATAVIA, Ill., June 20, 2018 /PRNewswire/ -- ALDI, one of the fastest growing retailers in the country, continues to dominate the competition when it comes to value. For the eighth consecutive year, the grocery retailer has been named the Value Leader by Market Force Information®, which...

Instacart faces new challenge with Kroger/Ocado tie-up

LOS ANGELES/NEW YORK (Reuters) - U.S. grocery delivery company Instacart suffered a new setback on Thursday when Kroger Co , one of its major U.S. customers, announced a partnership with British automated online grocery service Ocado Group Plc .

Instacart names David Hahn as new Chief Product Officer

Instacart, the on-demand grocery delivery platform that finds itself at the center of ever-increasing competition, has today announced that David Hahn will be taking over as Instacart’s new Chief Product Officer. Hahn previously served as VP of Product at LinkedIn, after which time he went to Greylo…

How long it takes your body to regrow 19 types of cells and organs, from your skin to your skeleton

The human body is in a constant state of regeneration, from the cells in our skeleton to the nails on our toes. But some cells are replaced more quickly than others, and some body parts never get replaced. The graphic below illustrates how cellular regeneration and regrowth happens in your body. …

Fusion Fund raises a second $85M fund for heavily technical investing

While the mid 2010s were filled with massive financing rounds for companies looking to shift business models like Instacart, Uber, and others along those lines, today’s hottest sector is a more technical one: artificial intelligence. That’s required a different approach to building companies. As too…
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