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Venture Capital News: Instacart Raises $210M

2014-12-31
SAN FRANCISCO, CA, Instacart has raised $210 million from investors.
According to Bloomberg, Instacart has raised $210 million from investors.

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.
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