# Instacart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/instacart

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.instacart.com
- Total disclosed funding: $2.6B
- Latest round: Series I (Feb 26, 2021)
- Investors on record: 23

## About

Based in CA, US, and founded in 2012, Maplebear Inc., doing business as Instacart, develops an online grocery delivery application intended to facilitate the delivery of essential goods to busy people and families. Instacart has partnered with more than 500 national, regional, and local retailers, including unique brand names, to deliver from nearly 40,000 stores across more than 5,500 cities in North America. Instacart’s delivery service is available to 85% of U.S. households and 70% of Canadian households. In August 2023, Instacart raised USD 175 million in Pre-IPO funding from new investor PepsiCo. In September 2023, Instacart raised USD 660 million in an IPO, selling 22 million shares at USD 30 per share, above the expected USD 26-28 range, on the Nasdaq Global Select Market under the ticker symbol "CART". 

Instacart offers full-service and in-store shopper services same-day delivery and pickup services to bring fresh groceries and everyday essentials, thereby providing shoppers with an immediate and flexible earnings opportunity. And offers an Instacart Express membership for unlimited free delivery on orders over USD 35 million.

## Funding rounds

- Series I, Feb 26, 2021, $265M — Hong Shan, T Rowe Price, Fidelity Investments, Andreessen Horowitz, D1 Capital Partners
- Series H, Oct 8, 2020, $200M — Valiant, D1 Capital Partners
- Series G, Jun 12, 2020, $225M — T Rowe Price, General Catalyst Partners, DST Global, D1 Capital Partners
- Series F, Nov 8, 2018, $872M — Tiger Global Management, Coatue Management, Valiant, D1 Capital Partners
- Series E, Apr 5, 2018, $155M — Coatue Management, Glade Brook Capital Partners
- Series E, Feb 7, 2018, $195M — Coatue Management, Glade Brook Capital Partners
- Series D, Mar 2, 2017, $400M — Kleiner Perkins, Hong Shan, Wellcome Trust, Khosla Ventures, Andreessen Horowitz, Thrive Capital, Y Combinator, Initialized Capital, FundersClub, Valiant
- Series C, Dec 15, 2014, $210M — Kleiner Perkins, Hong Shan, Canaan Partners, Comcast Ventures, Khosla Ventures, Andreessen Horowitz, Thrive Capital, Valiant, Dragoneer Investment Group
- Series B, Jun 10, 2014, $42M — Hong Shan, Canaan Partners, Khosla Ventures, Andreessen Horowitz
- Series A, Jun 26, 2013, $8.7M — Hong Shan, Canaan Partners, Khosla Ventures, SV Angel, FundersClub
- Seed, Oct 25, 2012, $2.3M — Canaan Partners, Khosla Ventures, FundersClub, Haystack

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Seed, Series A, Series B, Series C
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A, Series B, Series C, Series D
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed, Series A, Series D
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed
- Hong Shan — Series A, Series B, Series C, Series D, Series I
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B, Series C, Series D, Series I
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series C, Series D
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series C
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series C, Series D
- Valiant (https://capitalatlas.ai/funds/valiant) — Series C, Series D, Series F, Series H
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series C
- Wellcome Trust — Series D
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series D
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series E, Series F
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series F
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series F, Series G, Series H, Series I
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series G, Series I
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series G
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series G
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series I