Instacart

Grocery & Home Essentials Delivery Service

Company website

Foundation year

2012

Open date

5/9/2021

Close date

9/18/2023

About

Total Funding

$2.9B

Instacart is a grocery delivery startup that offers same‐day delivery. Customers use 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 up the items and deliver them straight to their door. 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 began in 2020.

Instacart was founded in 2012 by Apoorva Mehta and is based in San Francisco. Notable investors include Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Sequoia Capital, Y Combinator, Khosla Ventures, Canaan Partners, and other participants.

Number of employees

5001 - 10000

Headquarters

San Francisco CA, US

Investors

Andreessen Horowitz

Lyft, Airbnb, Magic Leap, Instacart, Stripe, Robinhood, Pinterest, Slack, Rappi, Dollar Shave Club

Canaan Partners

Instacart, Turo, The RealReal, Lending Club, Berkshire Grey, Kustomer, ON24, ShopKeep, Apartment List, ScaleFactor

Comcast Ventures

Instacart, Dollar Shave Club, FanDuel, DocuSign, Zenefits, Nextdoor, Hippo Insurance, Vox Media, DataStax, Hired

D1 Capital Partners

Instacart, Unity Technologies

Dragoneer Investment Group

Flipkart, Spotify, Airbnb, DoorDash, Instacart, Nubank, UiPath, Dollar Shave Club, Databricks, Chime

FundersClub

Instacart, Slack, SendBird, Greenhouse Software, Teespring, LE TOTE

GSV Capital

Spotify, Instacart, Pinterest, Bloom Energy, Dataminr, Hotchalk, General Assembly, Jamf, Course Hero

Haystack

Instacart, Hired, Paddle8, AltspaceVR, Wrapify

Khosla Ventures

DoorDash, Instacart, Palantir Technologies, Impossible Foods, Stripe, View, Just, Opendoor, Oscar Health, Jawbone

Kleiner Perkins Caufield & Byers

Snap, AppDynamics, Spotify, Magic Leap, DoorDash, Instacart, Stripe, Epic Games, Bloom Energy, Slack

Sequoia Capital

Market Kurly, OYO, Airbnb, Tokopedia, DoorDash, Instacart, Stripe, Robinhood, Moderna Therapeutics, Nubank

SV Angel

Snap, DoorDash, Instacart, Stripe, Pinterest, Opendoor, Slack, Jawbone, Cloudera, Coinbase

Thrive Capital

Instacart, Stripe, Compass, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, ClassPass, Lemonade

Valiant Capital Management

Instacart, Pinterest, VivaReal

Y Combinator

Airbnb, DoorDash, Instacart, Stripe, Flexport, Rappi, Ginkgo Bioworks, Coinbase, Convoy, Machine Zone