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About Instacart
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Total Funding
$2.8B
Headquarters
San Francisco, California
Founded
2012
Overview
Company Historically Provides H1B Sponsorship
Instacart operates in the online grocery delivery market, allowing customers in North America to order groceries from local stores and chain retailers through its website or app. Customers place orders, and personal shoppers in their area pick, pack, and deliver the items, offering options for home delivery or store pickup. Instacart generates revenue by charging delivery fees for each order, offering a subscription service called Instacart Express for unlimited free deliveries, and collecting service fees on orders. Additionally, it earns money from in-app advertising by retailers and consumer brands. What sets Instacart apart from competitors is its extensive catalog of 1 billion products from over 500 retailers, same-day delivery service, and a 100% quality guarantee on every order. The company's goal is to provide a reliable and convenient grocery shopping experience for customers across North America.
Simplify's Take
What believers are saying
- Partnership with Ulta Beauty expands customer base in beauty and personal care.
- IPO in September 2023 provides capital for expansion and technological advancements.
- Integration with GE Appliances' SmartHQ Ecosystem increases order frequency and engagement.
What critics are saying
- Increased competition from smart appliance companies integrating advanced technologies.
- IPO may lead to increased scrutiny and pressure from investors.
- 'Leave at My Door' option may increase theft or delivery errors.
What makes Instacart unique
- Instacart offers same-day delivery from over 500 retailers and local grocers.
- Customers can mix items from multiple stores into one order for convenience.
- Instacart's smart cart strategy enhances operational efficiency and customer experience.
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Funding
Total Funding
$2838.2M
Above
Industry Average
Funded Over
9 Rounds
General Catalyst
Andreessen Horowitz
Tiger Global
Coatue Management
Y Combinator
Kleiner PerkinsBenefits
Go far together
Grow the pie
Roll up your sleeves
Put it all on the table
Serve generously
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Instacart has appointed Lisa Blackwood-Kapral as its next chief accounting officer and principal accounting officer, according to a regulatory filing.
Instacart (NASDAQ: CART) has announced the release of its Q4 and full-year 2024 financial results, though this announcement is merely a notification that the detailed results are available in the shareholder letter on the company's investor relations website.
Instacart has launched a Classroom Carts initiative to support 28 Los Angeles County public and charter elementary, middle and high schools and nearly 15,000 students impacted by the recent wildfires.
Grocery app Instacart added an Lotus 365 ब | नस न | यमofficial Leave at My Door Delivery option for all customers.
SAN FRANCISCO, Feb. 18, 2025 /PRNewswire/ - Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025 at 7:45 a.m. Pacific Time.
Instacart is Hiring for 63 Jobs on Simplify!
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About Instacart
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Total Funding
$2.8B
Headquarters
San Francisco, California
Founded
2012
Instacart is Hiring for 63 Jobs on Simplify!
Find jobs on Simplify and start your career today