Instacart Lands $44,000,000 Series B Funding

  • Feed Type
  • Date
    6/16/2014
  • Company Name
    Instacart
  • Mailing Address
    41 South Park St. San Francisco, CA 94107 USA
  • Company Description
    Founded by former Amazon.com Inc. employee Apoorva Mehta, Instacart wants to eliminate the trip to the grocery store altogether by using a team of smartphone-equipped drivers who get paid to shop and deliver goods on a customer’s behalf.
  • Website
    http://www.instacart.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $44,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the funding to scale its operations.
  • M&A Terms
  • Venture Investor
  • Venture Investor