Announced
Completed
Financials
Tags
IT Services: Other
online services
grocery distributor
grocery delivery
United States
Friendly
Single Bidder
Minority
Completed
Private Equity
Private
Acquisition
Domestic
Venture Capital
Synopsis
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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