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Instacart

Instacart

Instacart is an internet-based grocery delivery service company.

Instacart is an internet-based grocery delivery and curbside pickup service company that works in over 5,500 cities across the US and Canada. The company renders its services through a website and mobile application, through which customers order groceries from participating retailers. Retailers include more than 400 national, regional and local retailers across more than 30,000 stores in the United States and Canada.

Once the customer places their order online, the shopping is carried out by an Instacart-employed personal shopper and users can track their order’s progress and communicate with their shopper. Instacart also offers curbside pickup at selected retail locations.

Timeline

June 16, 2021
Instacart announces that it is teaming up with the White House in support of the National Month of Action to get 70 percent of US adults vaccinated by July 4.

On July 1, Instacart will select 200 winners to receive a $500 Instacart gift card to keep their fridge and pantry stocked with their favorite summertime snacks, from ice cream and popsicles to salsa and guacamole and everything in between!

March 2, 2021
Instacart raises a $265M funding round from existing investors, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others.
January 14, 2021
Instacart launches nationwide Vaccine Support Stipend for shopper community.
January 7, 2021
Instacart announces finance industry veteran Nick Giovanni is joining the company.
2021
This year, Instacart plans to go public, an event that could value the company at roughly $30 billion.
November 12, 2020
Instacart picks Goldman Sachs Group Inc to lead its initial public offering (IPO).
June 11, 2020
Instacart raises a $225M financing round led by DST Global and General Catalyst.
June 5, 2020
Instacart announces that it is changing its tip policy to protect its growing shopper network from tip-baiting.
April 23, 2020
Instacart announces new COVID-19 policies and plans to hire 250,000 more shoppers.
November 15, 2018
Instacart raises a $600,000,000 series F round from Coatue Management, Tiger Global Management and Valiant Capital Partners.
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Funding rounds

People

Name
Role
LinkedIn

Adam Fischer

Employee

Adeyemi Ajao

Investor

Aditya Shah

Employee

Alexia Burke

Employee

Alison Hillman Derse

Employee

Alysia Echevarria

Employee

Andrea Coravos

Employee

Andrew Kane

Employee

Andrew Nodes

Employee

Andrew Vilcsak

Investor

Andrew Wynn

Employee

Apoorva Mehta

Founder

Arnaud Ferreri

Employee

Arpit Shah

Employee

Ashu Khaitan

Employee

Ben D. Jones

Employee

Benjamin Sullivan

Employee

Bill Babeaux

Employee

Blair Anderson

Employee

Brandon Leonardo

Founder

Brent Goldman

Investor

Briceyda Lopez

Employee

Bryan Kennedy

Investor

Caleb Grisell

Employee

Chris Shu

Employee

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Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Charlize Alcaraz
October 13, 2021
BetaKit
In its Series A funding round, Toronto-based restaurant SaaS startup ResQ has raised $39 million USD to further grow its employee base.
Shira Ovide
October 13, 2021
www.nytimes.com
Why are DoorDash and Instacart letting businesses buy their way to the top of search results?
DEE-ANN DURBIN AP Business Writer
October 11, 2021
ABC News
When the pandemic hit the U.S. last year, grocery delivery company Instacart suddenly became a lifeline for millions of consumers
By DEE-ANN DURBIN
October 11, 2021
AP NEWS
When the pandemic hit the U.S. last year, grocery delivery company Instacart suddenly became a lifeline for millions of consumers. Sales volumes skyrocketed; in one month, the company added 300,000 drivers to keep up with its orders.
Amanda Silberling
September 21, 2021
TechCrunch
Yesterday, the Gig Workers Collective -- representing a body of about 13,000 Instacart shoppers -- launched a #DeleteInstacart campaign, urging customers to delete the Instacart app as a show of solidarity with workers advocating for better treatment. The collective of shoppers asked that customers refrain from reinstalling the app until five demands are met. They [...]
By DEE-ANN DURBIN
July 28, 2021
AP NEWS
Spurred by skyrocketing consumer demand during the pandemic, restaurant delivery companies like DoorDash and Uber Eats are rapidly expanding their services to grocers, convenience stores, pharmacies, pet stores and even department stores.
Natasha Mascarenhas
July 10, 2021
TechCrunch
After months of beta testing, Y Combinator has launched a co-founder matching platform. The platform invites entrepreneurs to create profiles, which include information about themselves and preferences for a co-founder, such as location and skill sets. It digests that information and offers a number of potential candidates that fit those needs -- kind of like [...]
Mike Isaac
July 8, 2021
www.nytimes.com
Fidji Simo, the new chief, worked on Facebook's advertising business and helped develop parts of the company's mobile advertising.
Sara Ashley O'Brien, CNN Business
July 8, 2021
CNN
Instacart has tapped one of the top female executives from Facebook to be its next CEO ahead of a possible Wall Street debut.
Natasha Mascarenhas
July 8, 2021
TechCrunch
Instacart has appointed Facebook executive Fidji Simo as its new CEO, just seven months after she joined the grocery delivery company's board of directors. Simo, formerly the vice president and head of the Facebook app, will replace Instacart founder and current CEO Apoorva Mehta on August 2. Mehta will transition to executive chairman of the [...]
Instacart
June 16, 2021
www.prnewswire.com:443
/PRNewswire/ -- Instacart, the leading online grocery platform in North America, today announced it is teaming up with the White House in support of the...
Instacart
June 15, 2021
www.prnewswire.com:443
/PRNewswire/ -- Instacart, the leading online grocery platform in North America, today announced its expansion to Quebec. This marks the first time the company...
Sapna Maheshwari
June 4, 2021
www.nytimes.com
The technology needed to fulfill orders is costly for stores, and the workers who pick items off the shelves often feel the pressure of being tracked.
ButcherBox
June 4, 2021
www.prnewswire.com:443
/PRNewswire/ -- ButcherBoxTM, a leading brand of high-quality protein, today announced a partnership with Instacart, the leading online grocery platform in...
Sarah Perez
May 29, 2021
TechCrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices [...]
Ty Pendlebury
May 28, 2021
CNET
Its Priority Delivery service has begun in cities like San Francisco and Los Angeles, and will come to more locations in the coming months.
Sarah Perez
May 27, 2021
TechCrunch
Instacart is speeding up grocery delivery. The company announced today it's debuting a faster delivery service, "Priority Delivery," in select markets across the U.S. and Canada, with the aim of attracting customers who would have otherwise quickly run to the store for their smaller orders or more urgent demands. At launch, the service will operate [...]
Nancy Luna
May 27, 2021
Business Insider
Instacart launches Priority Delivery in 15 US cities with retailers such as Ralphs, Safeway, and Sprouts. It's competing with DoorDash, Uber Eats, and others.
eMeals
May 26, 2021
www.prnewswire.com:443
/PRNewswire/ -- Summer fun is officially underway with the Memorial Day holiday weekend. Meal inspiration leader eMeals and Beyond Meat have the perfect,...
Instacart
May 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- Instacart, the leading online grocery platform in North America, today released its "Plant Power" report, a new data-driven examination of the...
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References

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