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Instacart  (Stock symbol: TBD )

388 Beale Street
San Francisco, CA 94105
(910) 817-2278
Website Company Summary Management Team

CEO: Fidji Simo (08/4/2021) ; Apoorva Mehta (6/30/2012)
President/COO/Operations: Asha Sharma (2/2/2021) ; Carolyn Everson (8/4/2021) ; Nilam Ganenthiran (10/31/2019)
General Management: Dave Sobota (11/6/2018) ; Brandon Leonardo (7/31/2012) ; Dani Dudeck (7/10/2018) ; Max Mullen (7/31/2012)
Finance: Nick Giovanni (1/4/2021)
Technology: Ariel Bardin (10/19/2020) ; Varouj Chitilian ; Mark Schaaf (9/30/2018)
Sales/Marketing: Daniel Danker ; Laura Jones ; Sri Batchu
General Counsel/Legal: Morgan Fong

Outside board: (May no longer be on the board) Frank Slootman (Snowflake CEO) Jeffery D Jordan (Andreessen Horowitz Managing Partner) Meredith Kopit Levien (The New York Times CEO/President) Lily Sarafan (Home Care Assistance CEO/President) Barry McCarthy (Clinkle) Fidji Simo (Meta Head of Facebook App) Michael Moritz (Sequoia Capital Partner)
Advisory board: Jesse Robbins (OnBeep CEO)

Business description: Instacart is the leading online grocery platform in North America. Instacart shoppers offer same-day delivery and pickup services to bring fresh groceries and everyday essentials to busy people and families across the U.S. and Canada. Instacart has partnered with nearly 600 beloved national, regional and local retailers, including unique brand names, to deliver from more than 45,000 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. The company's cutting-edge enterprise technology also powers the ecommerce platforms of some of the world's biggest retail players, supporting their white-label websites, applications and delivery solutions. Instacart offers an Instacart Express membership that includes reduced service fees and unlimited free delivery on orders over $35.
Partners include: Walmart Canada

Rounds: 11
Recent Fundings: Mar 2021   Oct 2020
Capital raised: 2665.0M
Last Round: 265.0M
Ownership: Private   Ipo Filing
Stock Symbol: TBD
VCs include: Canaan PartnersSequoia CapitalGeneral Catalyst Partners ;  Whole Foods;  Khosla VenturesAndreessen Horowitz ;  unnamed investors;  DST Global Comcast Ventures;  existing investors;  Coatue Management Haystack VenturesUrizen Ventures 1;  Glade Brook Capital Bond Bling Capital;  existing investor group
Private equity: T. Rowe Price;  Dragoneer Investment GroupD1 Capital Partners

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Record updated: Jul 2022
Sector: Food & Beverage
Year Founded: 2012
Headcount: 10001-25000 as of Jul 2022
Rounds: 11
Recent Fundings: Mar 2021   Oct 2020
Capital Raised: 2665.0M
Last Round: 265.0M
Ownership: Private   Ipo Filing
Stock Symbol: TBD