Instacart was founded in 2012 by Apoorva Mehta, Brandon Leonardo, and Max Mullen. According to NPR, Instacart went public in September 2023. NPR reported on Instacart that “The stock went public at $30 a share. The price instantly jumped to $42. It ended the day at almost $34. So a bit of a roller coaster ride, but still 12% higher than the day began.”
Instacart is a grocery delivery software platform. Per Forge data, Instacart raised $2.9 billion in funding over 19 rounds. Their latest funding was raised on Nov 1, 2021. Key investors include D1 Capital Partners, DST Global, Tiger Global Management, Sequoia Capital, and Fidelity Management and Research Company.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/26/2021 | Series I-1 | $128.64MM | $xx.xx | $39.13B | Andreessen Horowitz, D1 Capital Partners, Fidelity, Sequoia Capital, T. Rowe Price Associates | |
Price per Share
$xx.xx
Shares Outstanding
1,029,126
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, D1 Capital Partners, Fidelity, Sequoia Capital, T. Rowe Price Associates
|
||||||
02/26/2021 | Series I | $136.36MM | $xx.xx | $39.13B | Andreessen Horowitz, D1 Capital Partners, Fidelity, Sequoia Capital, T. Rowe Price Associates | |
Price per Share
$xx.xx
Shares Outstanding
1,090,874
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, D1 Capital Partners, Fidelity, Sequoia Capital, T. Rowe Price Associates
|
||||||
10/08/2020 | Series H | $200MM | $xx.xx | $17.71B | D1 Capital Partners, Valiant Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,333,333
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Valiant Capital Partners
|
||||||
06/11/2020 | Series G | $225MM | $xx.xx | $13.74B | D1 Capital Partners, Dst Global, General Catalyst | |
Price per Share
$xx.xx
Shares Outstanding
4,678,543
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Dst Global, General Catalyst
|
||||||
11/15/2018 | Series F | $896.7MM | $xx.xx | $7.71B | Coatue Management, D1 Capital Partners, Hironori Maeda, Tiger Global Management, Valiant Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
30,153,233
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, D1 Capital Partners, Hironori Maeda, Tiger Global Management, Valiant Capital Partners
|
||||||
04/13/2018 | Series E | $350MM | $xx.xx | $4.37B | Coatue Management, Glade Brook Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
17,403,580
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, Glade Brook Capital Partners
|
||||||
03/15/2017 | Series D | $413.02MM | $xx.xx | $3.51B | Andreessen Horowitz, Fundersclub, Initialized Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Sequoia Capital, Thrive Capital, Valiant Capital Partners, Wellcome Trust, Ycombinator | |
Price per Share
$xx.xx
Shares Outstanding
22,301,155
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Fundersclub, Initialized Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Sequoia Capital, Thrive Capital, Valiant Capital Partners, Wellcome Trust, Ycombinator
|
||||||
07/10/2015 | Series C | $256.05MM | $xx.xx | $2.06B | American Express Ventures, Andreessen Horowitz, Capital Factory, Comcast Ventures, Dragoneer Investment Group, Khosla Ventures, Kleiner Perkins Caufield & Byers, Nima Capital, Sequoia Capital, Team In Residence, Thrive Capital, Valiant Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
19,236,530
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Andreessen Horowitz, Capital Factory, Comcast Ventures, Dragoneer Investment Group, Khosla Ventures, Kleiner Perkins Caufield & Byers, Nima Capital, Sequoia Capital, Team In Residence, Thrive Capital, Valiant Capital Partners
|
||||||
06/10/2014 | Series B1 | $2.22MM | $xx.xx | $378.98MM | Aaron Levie, Andreessen Horowitz, Canaan Partners, Khosla Ventures, Sam Altman, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
745,395
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aaron Levie, Andreessen Horowitz, Canaan Partners, Khosla Ventures, Sam Altman, Sequoia Capital
|
||||||
06/10/2014 | Series B | $42.44MM | $xx.xx | $378.98MM | Aaron Levie, Andreessen Horowitz, Canaan Partners, Khosla Ventures, Sam Altman, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
14,243,605
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aaron Levie, Andreessen Horowitz, Canaan Partners, Khosla Ventures, Sam Altman, Sequoia Capital
|
||||||
06/26/2013 | Series A | $8.73MM | $xx.xx | $23.03MM | Canaan Partners, Khosla Ventures, Sequoia Capital, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
36,778,663
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Canaan Partners, Khosla Ventures, Sequoia Capital, Sv Angel
|