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.

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Learn More About Instacart

To invest in Instacart pre-IPO

Can you invest in Instacart pre-IPO?

You may invest in Instacart as it is a public company listed on the NASDAQ with ticker CART. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Instacart before it goes public?

You can no longer sell shares of Instacart on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Instacart shares?

Forge can no longer determine the value of Instacart shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Instacart a publicly traded company?

Instacart became a public company following its IPO on 09/19/2023 and is now traded on the NASDAQ under the ticker CART.

To learn more about Instacart potential IPO

Will Instacart go IPO?

Instacart became a public company following its IPO on 09/19/2023 and is now traded on the NASDAQ under the ticker CART.

What is Instacart’s IPO price?

The IPO price of Instacart is not currently available.

When was Instacart founded?

Instacart was founded in 2012.

What is Instacart funding to date?

Instacart has raised $2.66B to date.

Who are Instacart’s major investors?

Kleiner Perkins
Andreessen Horowitz
Dst Global
Capital Factory
Initialized Capital
Ycombinator
D1 Capital Partners
Kleiner Perkins Caufield & Byers
Comcast Ventures
Y Combinator
Sequoia Capital
General Catalyst
Hironori Maeda
Tiger Global Management
Khosla Ventures
Coatue Management
Glade Brook Capital Partners
American Express Ventures
Dragoneer Investment Group
Valiant Capital Partners
Wellcome Trust
Thrive Capital
Aaron Levie
Sam Altman
T. Rowe Price Associates
Fundersclub
Team In Residence
Fidelity
Sv Angel
Canaan Partners
Nima Capital

Instacart Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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
Updated on: Dec 18, 2024

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