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Angel Investor (Individual)

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Investments

4

Portfolio Exits

1

About Kevin Henrikson

Kevin Henrikson Headquarter Location

United States

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Latest Kevin Henrikson News

Instacart Introduces Mobile Checkout For Shoppers

Mar 9, 2020

“We know that for many shoppers, convenience is key,” said  Kevin Henrikson , Vice President of Shopper Engineering at Instacart. “We’ve heard from shoppers that they would like an easier way to pay with their phone, instead of relying on a physical payment card that can get lost or buried in their wallet. Mobile Checkout helps us address this feedback and improve the overall shopper experience. For new shoppers, it will also significantly shorten the timeframe before they can begin shopping — with a mobile payment option, new shoppers can go from signing up to their first shop in as little as a few hours.” Speed and convenience – Shoppers can use Instacart Mobile Checkout to quickly and easily pay with just a tap. Instead of reaching for their wallet or purse, shoppers can use their readily available smartphone to check out, taking less time than a typical physical card. Backup when you need it – If a shopper forgets their physical payment card at home, loses it while shopping, or finds it’s unable to swipe at checkout, they can use Mobile Checkout as a quick backup, instead of having to stop shopping for the day. Easy onboarding – New shoppers can sign up and begin shopping in less than a day with Instacart Mobile Checkout. Instead of waiting for their physical payment card to arrive in the mail, shoppers can simply sign up for Instacart and start shopping the moment their background check is cleared. Payment security – Using NFC technology through the Google Pay and Apple Pay platforms, Instacart Mobile Checkout is highly secure and keeps payment information confidential through tokenization. “We’re excited to partner with Instacart on Mobile Checkout, which is a great use of Marqeta’s modern card issuing platform to provide a seamless user experience for Instacart’s shoppers,” said  Omri Dahan , Chief Revenue Officer at Marqeta. “Marqeta’s platform is the first in the market to instantly issue cards into a mobile wallet, allowing Instacart shoppers to get their cards immediately and begin fulfilling orders, all while benefiting from a more secure way to pay.” Instacart Mobile Checkout is currently available in select regions, and will be rolling out to all shoppers in the coming months.

Kevin Henrikson Investments

4 Investments

Kevin Henrikson has made 4 investments. Their latest investment was in Ministry of Supply as part of their Seed VC on September 9, 2013.

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Kevin Henrikson Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/27/2013

Seed VC

Ministry of Supply

$1.1M

Yes

5

5/30/2013

Seed - II

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$99M

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10

9/1/2012

Seed VC

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$99M

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0

4/16/2012

Seed VC

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$99M

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0

Date

9/27/2013

5/30/2013

9/1/2012

4/16/2012

Round

Seed VC

Seed - II

Seed VC

Seed VC

Company

Ministry of Supply

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Amount

$1.1M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

5

10

0

0

Kevin Henrikson Portfolio Exits

1 Portfolio Exit

Kevin Henrikson has 1 portfolio exit. Their latest portfolio exit was 9Slides on June 16, 2015.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/16/2015

Acquired

$99M

1

Date

6/16/2015

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

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