Instacart Stock

instacart.comTransportation / Delivery servicesFounded: 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.

Register for Details

For more details on financing and valuation for Instacart, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

OverviewFinancingsValuation

Enterprise Value (based on primary financings)

Powered by Forge Data
Enterprise Value

View Enterprise Value for Instacart.

Register Today

Team

Management Team

Nick Giovanni
Chief Financial Officer
Maxwell Mullen
Co-Founder
Brandon Leonardo
Co-Founder
Fidji Simo
Chief Executive Officer & Chairman
Varouj Chitilian
Chief Technology Officer
Apoorva Mehta
Co-Founder
Laura Jones
Chief Marketing Officer
Daniel Danker
Chief Product Officer

Board Members

Jeffrey Jordan
Andreessen Horowitz
Daniel Sundheim
D1 Capital Partners
Frank Slootman
Board Member
Lily Sarafan
Board Member

Other companies like Instacart in the Delivery services sector

Sector
Last Round Est. Valuation
$16.32B
Sector
Last Round Est. Valuation
$1.55B
Sector
Last Round Est. Valuation
$5.25B
Sector
Last Round Est. Valuation
$16.08B
Sector
Last Round Est. Valuation
$2.28B
Sector
Last Round Est. Valuation
$887.16MM

News Highlights

Instacart IPO: Can It Be the Next Amazon or Shopify?
Instacart recently priced its IPO, with shares expected to start selling between $26 and $28, and the online grocery marketplace is expected to begin trading those shares next week. At that price, the company would be worth $9.3 billion fully diluted, well below the $39 billion it was valued at back in 2021. Instacart's S-1 prospectus portrayed a company that has massive market potential in the largest retail segment and one that is also experiencing a transition as the pandemic nears an end.
Instacart’s IPO Filing Reveals Company Is Targeting A $9.3 Billion Valuation
Grocery delivery service and pandemic darling Instacart has kicked off its IPO, in another sign that the drought of IPOs and deals may be ending. The company is targeting a much lower valuation than expected, which was inevitable given the macroeconomic conditions, but investors are still excited about what will be one of the biggest IPOs of the year.
Instacart Seeks Nearly $9 Billion Market Cap
Instacart parent Maplebear set the proposed terms for its initial public offering. The company best known for its online grocery delivery business said in a revised regulatory filing that it plans to offer 14.1 million shares of common stock.
Updated on: Sep 23, 2023