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About Instacart
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
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 through delivery fees, a subscription service called Instacart Express for unlimited free deliveries, service fees on orders, and in-app advertising from retailers and brands. The company stands out by providing same-day delivery and a 100% quality guarantee on every order, boasting a catalog of 1 billion products from over 500 retailers and local grocers. Instacart's goal is to be a reliable and convenient grocery delivery service, having successfully delivered millions of orders across the U.S. and Canada.
Simplify's Take
What believers are saying
- Instacart's Pay-With-Invoice feature expands its market reach in the B2B sector.
- Integration with Uber and Hy-Vee RedMedia enhances Instacart's advertising ecosystem.
- Will Call Delivery positions Instacart as a critical partner in the foodservice supply chain.
What critics are saying
- Uber's integration with Carrot Ads may affect Instacart's advertising market share.
- AI-powered inventory technology may face implementation challenges, risking customer dissatisfaction.
- Schnucks' Caper Carts expansion could threaten Instacart's smart cart user experience.
What makes Instacart unique
- Instacart offers a 100% quality guarantee on every order, ensuring customer satisfaction.
- Instacart's smart cart technology enhances the online shopping experience for users.
- Instacart's AI-powered inventory management reduces out-of-stock situations, improving operational efficiency.
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Funding
Total Funding
$3577.8M
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%In parallel, Instacart has introduced a new feature to its smart carts, further enhancing the online shopping experience for users.
Instacart announced today the launch of Pay-With-Invoice, a new payment option specifically designed for Instacart Business customers that addresses the unique challenges of B2B transactions.
In a significant move to bolster its advertising ecosystem, Uber has announced a strategic integration with Instacart's Carrot Ads platform across its U.S. operations.
Dierbergs Markets, a 27-store independent grocer headquartered near St. Louis, Missouri, has partnered with Instacart to offer same-day delivery as well as deploying Carrot Tags, its electronic shelf label software integration, to help shoppers locate ordered items and improve accuracy.
Instacart has announced the launch of Will Call Delivery, a new solution designed to address urgent same-day supply needs for foodservice distributors and their business customers.
Instacart is Hiring for 79 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Instacart
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2012
Instacart is Hiring for 79 Jobs on Simplify!
Find jobs on Simplify and start your career today