Instacart (NASDAQ: CART) provides online food delivery services. It offers a mobile application that allows users to order grocery products, meat products, alcoholic beverages, and more. It also provides coupons and gift cards. The company was founded in 2012 and is based in San Francisco, California.
ESPs containing Instacart
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The on-demand grocery delivery market caters to the busy lifestyles of modern consumers looking to purchase groceries without leaving their home. Platforms in this market offer convenience and prompt services, delivering everything customers need within a short timeframe. They bring local sellers online, provide a larger choice of products at competitive prices, and can offer discounts that are ex…
Research containing Instacart
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Instacart in 22 CB Insights research briefs, most recently on Jun 8, 2023.
Expert Collections containing Instacart
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Instacart is included in 8 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
Grocery Retail Tech
Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.
Tech IPO Pipeline
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Latest Instacart News
Sep 19, 2023
Topline Instacart sold 22 million shares for $30 each during its initial public offering Monday, totalling $660 million, multiple outlets reported—the second market launch this week that signals the American IPO market may be rebounding after a two-year dormant period. Close-up of Instacart lanyard, typically worn by workers for the gig economy grocery delivery ... [+] service while shopping for clients in grocery stores, San Ramon, California, May 7, 2019. (Photo by Smith Collection/Gado/Getty Images) Getty Images Key Facts This IPO values the company at $9.9 billion fully diluted, which is well below the $39 billion valuation it received nearly two years ago during its latest round of capital fund raising, according to Bloomberg . The company floated less than 10% of its shares. The company had initially offered the shares for $26 to $28, but upped that after it saw the successful IPO of Arm last week, according to Axios . Instacart will begin trading on the Nasdaq stock exchange Tuesday under the ticker symbol “CART.” Key Background This is the second IPO this month. On Thursday, british semiconductor company Arm went public and became the largest company to hold an IPO in over 22 months. Its initial launch was successful and saw the stock surge 25% in its first day of trading, though it fell 20% from that high on Monday. What To Watch For Klaviyo, a marketing and data automation provider that filed for an IPO with the Securities and Exchange Commission within hours of Instacart, is expected to sell its shares Tuesday. It, along with Instacart and Arm, mark a potential resurgence of the IPO market. Surprising Fact After two years without an IPO, Arm going public this month ended the longest drought in the market since 2009 during the Great Recession.
Instacart Frequently Asked Questions (FAQ)
When was Instacart founded?
Instacart was founded in 2012.
Where is Instacart's headquarters?
Instacart's headquarters is located at 50 Beale Street, San Francisco.
What is Instacart's latest funding round?
Instacart's latest funding round is IPO.
How much did Instacart raise?
Instacart raised a total of $2.861B.
Who are the investors of Instacart?
Investors of Instacart include PepsiCo, Sequoia Capital, Andreessen Horowitz, D1 Capital Partners, T. Rowe Price and 29 more.
Who are Instacart's competitors?
Competitors of Instacart include Good Eggs, Jokr, Thirstie, Halla, AxleHire, Imperfect Foods, Gopuff, Delhivery, Farmstead, Rappi and 34 more.
Compare Instacart to Competitors
Shadowfax offers an on-demand delivery service for local businesses. It enables merchants and e-commerce companies to deliver products to their customers using its hyper-local delivery network and logistics technology. It was founded in 2015 and is based in Bengaluru, India.
Ninja Van offers delivery solutions for e-commerce companies. Its services include last-mile delivery, international deliveries, freight forwarding, fulfillment, and warehousing. The company was founded in 2014 and is based in Singapore, Singapore.
Huolala is an internet logistics platform. It provides same-city and cross-city freight transportation, enterprise logistics services, less-than-truckload (LTL) transportation, car rental and after-sales services, and more. It was formerly known as EasyVan. The company was founded in 2013 and is based in Guangzhou, China.
Rappi provides delivery services connecting stores and consumers. It helps consumers avail necessary items like groceries, food, medicines, and convenience items and also facilitates immediate logistics and travel-related booking services. It was founded in 2015 and is based in Mexico City, Mexico.
Gopuff operates an instant commerce delivery platform for foods and beverages. The company also provides an application that allows customers to choose from the products such as alcohol delivery service, over-the-counter medications, groceries, snacks, drinks, and more. It was founded in 2013 and is based in Philadelphia, Pennsylvania.
Jokr provides food and grocery delivery services. It offers an integrated mobile application that allows customers to order items from grocery stores, convenience stores, and pharmacies directly. The company was founded in 2021 and is based in Grand Duchy of Luxembourg, Luxembourg.