Instacart Obtains New Funding Round

  • Feed Type
  • Date
    2/25/2016
  • Company Name
    Instacart
  • Mailing Address
    420 Bryant 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
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Whole Foods