Instacart IPO | Food Delivery | Founded: 2012 | Funding to Date: $2.66B

Instacart was founded in 2012 by Apoorva Mehta, Brandon Leonardo, and Max Mullen. In a May 2019 interview with CNBC, CEO Apoorva Mehta noted, when discussing the importance of profitability, that the company is preparing for an eventual IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Instacart owns and operates a grocery delivery service. The company has raised nearly $2.2 billion in Venture Capital funding from investors including Tiger Global Management, Coatue Management, G Squared, Dragoneer Investment Group, Comcast Ventures, Kleiner Perkins, Thrive Capital, Andreessen Horowitz, Canaan Partners, Khosla Ventures, DST Global, General Catalyst, and Sequoia Capital. Per company press releases, Instacart last raised $225 million in June 2020 at a post-money valuation of $13.7 billion.

Date of Last Funding Round June 2020
Value at Last Round $13.74 B
Amount of Last Raise $225 MM
Total Funding to Date $2.17 B

ENTERPRISE VALUE (based on primary fundings)

To see more on key investors in Instacart, please register or login >>

Learn more about buying or selling Instacart Stock >>



None of the information displayed on this page (i) represents an offer to buy or sell or a solicitation of an offer to buy or sell any security, (ii) constitutes an offer to provide investment advice or service, nor (iii) should be construed to mean that a company has officially endorsed a plan to participate in, or forego, an IPO merely by its inclusion on this page.