Instacart was founded in 2012 by Apoorva Mehta, Brandon Leonardo, and Max Mullen. In a May 2019 interview with CNBC, CEO Apoorva Mehta said that the company is preparing for an eventual IPO. While the company remained private through 2022, reports from February 2023 state that the company is "widely expected to be eyeing the first potential market opening for a listing." Instacart has kept its IPO paperwork up to date in anticipation of an eventual offering.

Instacart owns and operates a grocery delivery service. The company has raised more than $2.5 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, a funding round in March 2021 raised $265 million in fresh capital and resulted in a $39 billion valuation.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is Instacart's ticker symbol?

Instacart does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Instacart's stock price?

The stock price for Instacart will be known as it becomes public. Here are similar public companies: Tesla (NAS: TSLA), Rivian (NAS: RIVN), Ford (NYS: F), Uber (NYS: UBER), Lyft (NAS: LYFT).

Who are Instacart's major investors?

Sequoia Capital
Andreessen Horowitz
Khosla Ventures
Y Combinator
Kleiner Perkins
FundersClub
Canaan Partners

Instacart Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
2/26/2021 Series I and I-1 $265MM raised $XXX.XX $XXX.XX
10/8/2020 Series H $200MM raised $XXX.XX $XXX.XX
6/11/2020 Series G $225MM raised $XXX.XX $XXX.XX
11/15/2018 Series F $896.7MM raised $XXX.XX $XXX.XX
4/13/2018 Series E $350MM raised $XXX.XX $XXX.XX
3/15/2017 Series D $413.02MM raised $XXX.XX $XXX.XX
7/10/2015 Series C $256.05MM raised $XXX.XX $XXX.XX
6/10/2014 Series B and B1 $44.66MM raised $XXX.XX $XXX.XX
6/26/2013 Series A $8.73MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Instacart funding to date?

Instacart has raised $2.66B with the following series:
$8.73MM raised for Series A,$44.66MM raised for Series B and B1,$256.05MM raised for Series C,$413.02MM raised for Series D,$350MM raised for Series E,$896.7MM raised for Series F,$225MM raised for Series G,$200MM raised for Series H,$265MM raised for Series I and I-1.
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When was Instacart founded?

Instacart was founded in 2012.
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Can you invest in Instacart?

Instacart is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Instacart share pre-IPO?

If you own Instacart pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Instacart a publicly traded company?

Instacart is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is Instacart?

Instacart is a grocery delivery service that hires personal shoppers to shop on behalf of the user and then drop off the groceries at their home.

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How does Instacart work?

Instacart’s platform has several large grocery store chains and offers same-day delivery in select cities.

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Who are the founders of Instacart?

The founders of Instacart are Apoorva Mehta, Brandon Leonardo, and Max Mullen.

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Who is the CEO of Instacart?

In August 2021, Fidji Simo was appointed CEO of Instacart.

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How old is Instacart?

Instacart was founded in June, 2012.

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Updated on: Mar 4, 2023