Instacart Stock

instacart.comTransportationFounded: 2012Funding to Date: $2.66B

Instacart is a provider of online grocery delivery services offering same-day delivery and pickup services of fresh groceries and everyday essentials.

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Team

Management Team

Nick Giovanni
Chief Financial Officer
Apoorva Mehta
Co-Founder & Chief Executive Officer
Maxwell Mullen
Co-Founder
Brandon Leonardo
Co-Founder

Board Members

Jeffrey Jordan
Andreessen Horowitz
Michael Moritz
Sequoia Capital

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News

Lowe's Companies  (LOW) announced that same-day delivery is now available from more than 1,700 Lowe's stores nationwide through a partnership with Instacart (ICART).
Capital Group marked Instacart shares at $45.84 apiece at the end of June, the asset manager said in a report on the website of its New Economy Fund. That makes it the second major investor in recent weeks to say that Instacart’s own estimate is now obsolete.
It’s not a done deal, but San Francisco-based grocery delivery platform Instacart is testing the waters for a potential IPO. The company said that it had confidentially filed to go public, despite a slashed valuation in March from $40B ​​to $24B. Founded in 2012, Instacart has raised a total of $2.9B in funding over 20 rounds.