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New Deal


Announced

Completed

Valiant and D1 Capital led a $200m funding round in Instacart.

Financials

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Transaction Value£154m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

online services

grocery distributor

grocery delivery

United States

Friendly

Single Bidder

Minority

Completed

Private Equity

Private

Acquisition

Domestic

Venture Capital

Synopsis

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Valiant Capital Partners and D1 Capital Partners, two investment firms, led a $200m funding round in Instacart, a delivery startup, at a valuation of $17.7bn. "We expect to deploy the new capital in a number of ways, including: product development focused on introducing new features and tools to enhance the customer experience, continued investment in Instacart Enterprise to support retailers’ end-to-end ecommerce needs, and further investment in Instacart Ads to help connect consumer packaged goods brands of all sizes to customers shopping online from their favorite local retailers," Instacart.

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