Instacart is the only service that can deliver groceries from multiple local stores within an hour, and is often less expensive for consumers than a personal, time-consuming trip to the grocery store. Customers can choose from a variety of local stores including Safeway, Trader Joe's, Whole Foods and Costco, and can mix items from multiple stores into one order. Instacart is disrupting the traditional grocery delivery business with its approach, which utilizes a crowdsourced model for Personal Shoppers and needs no warehouses or trucks.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/10/13 | $8,500,000 | Series A |
Canaan Partners Paul Buchheit SV Angel | undisclosed |
| 06/16/14 | $44,000,000 | Series B |
Aaron Levie Canaan Partners Sam Altman | undisclosed |
| 12/31/14 | $210,000,000 | Series C | ||
| 03/10/16 | undisclosed |
Whole Foods | undisclosed | |
| 03/08/17 | $400,000,000 |
Thrive Capital Wellcome Trust Y Combinator | $3,400,000,000 | |
| 10/16/18 | $600,000,000 | Venture |
D1 Capital Partners | $7,600,000,000 |
| 06/11/20 | $225,000,000 | Venture |
D1 Capital Partners DST Global | $13,700,000,000 |
| 10/08/20 | $200,000,000 | Venture |
D1 Capital Partners Valiant Peregrine Fund | undisclosed |
| 03/02/21 | $265,000,000 | Venture |
D1 Capital Partners Fidelity Management & Research Company T. Rowe Price Associates | $39,000,000,000 |
