Instacart Stock

instacart.comTransportationFounded: 2012Funding to Date: $2.66B

Instacart is a provider of online grocery delivery services offering same-day delivery and pickup services of fresh groceries and everyday essentials. The company also offers retailers a suite of enterprise-grade technology products and services designed to power their services and glean insights. The company was founded by Apoorva Mehta, Brandon Leonardo, and Max Mullen in 2012 and is headquartered in San Francisco, CA.

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Team

Management Team

Nick Giovanni
Chief Financial Officer
Apoorva Mehta
Co-Founder & Chief Executive Officer
Maxwell Mullen
Co-Founder
Brandon Leonardo
Co-Founder
Fidji Simo
Chairman & Chief Executive Officer
Mark Schaaf
Co-Chief Technology Officer
Varouj Chitilian
Co-Chief Technology Officer

Board Members

Jeffrey Jordan
Andreessen Horowitz
Michael Moritz
Sequoia Capital
Barry McCarthy
Board Member
Daniel Sundheim
D1 Capital Partners
Frank Slootman
Board Member
Lily Sarafan
Board Member

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News

The grocery and retail delivery service has launched Instacart Health which aims to make healthy, nutritional foods more accessible. The move comes as it appears Instacart is nearing an IPO offering.
Instacart doesn’t plan to raise much capital in its initial public offering and instead plans to have most of the listing come from the sale of employees’ shares, said people familiar with its thinking.
Lowe's Companies  (LOW) announced that same-day delivery is now available from more than 1,700 Lowe's stores nationwide through a partnership with Instacart (ICART).