Instacart
#9 on Setter30 Most recent: Q2 2023Instacart is a leading grocery technology platform that partners with retailers across North America to facilitate online shopping, delivery, and pickup services. The company operates a marketplace connecting over 600,000 shoppers with more than 1,500 retail partners across approximately 85,000 stores, delivering to 98% of households in the United States and Canada.
Public Company
Instacart is publicly traded
IPO'd on September 19, 2023
This company is no longer available on our private secondary market. Shares can be traded publicly under CART.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
3,600+
Total Funding
$2.28B
11 rounds
Last Private Valuation
$39B
March 2, 2021
Setter30 Ranking
Funding
Total raised $2.28B across 11 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series I
Date
March 2, 2021
Amount
$265M
Valuation
$39B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| March 2, 2021 | Series I | $265M | $39B | Andreessen Horowitz, Sequoia Capital, T. Rowe Price |
| October 8, 2020 | Series H | $200M | $17.7B | Valiant Capital, D1 Capital |
| July 2020 | Series G Extension | $100M | — | T. Rowe Price |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series A
$0.0B
Jan 2013
Instacart today
$39B
Mar 2021 · latest mark
Instacart multiple
1560x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Chris Rogers
Chief Executive Officer
Apoorva Mehta
Founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
DoorDash
Delivery platform expanded into grocery delivery alongside restaurant services
Uber Eats
Grocery and convenience delivery service integrated into Uber's platform
Shipt
Personal shopper-based grocery delivery platform owned by Target
Gopuff
Warehouse-based rapid delivery platform with 30-minute delivery windows
Walmart+
Walmart's subscription service offering grocery delivery and pickup
Amazon Fresh
Amazon's grocery delivery service leveraging its logistics network
Instacart Investment FAQ
Instacart FAQ
Yes, Instacart is publicly traded under the ticker symbol CART on the NASDAQ. The company went public in September 19, 2023.
Instacart trades under the ticker symbol CART on the NASDAQ. It began trading in September 19, 2023.
Instacart (CART on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker CART to place an order.
Instacart went public in September 19, 2023 via ipo, with an offering valuation of approximately $39B. Instacart went public on NASDAQ under ticker CART on September 19, 2023 at $30/share, valuing the company at $9.9B—a significant reduction from its $39B private valuation in 2021. As of April 2026, the stock trades at approximately $42.39, with a market cap near $10B. The company reported 2025 GTV of $37.2B and revenue of $3.7B with strong margins and profitability.
Instacart raised $2.28B across 11 disclosed funding rounds prior to its public listing.
Instacart was founded by Apoorva Mehta in 2012.
Instacart is headquartered in San Francisco, CA.
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