Instacart: Raises $225M At $14B Valuation
- Instacart‘s valuation is now almost $14 billion after a new funding round, the company announced
- Then the round raised $225 million and was led by DST Global and General Catalyst
- Existing investor D1 Capital Partners contributed as well
- The company’s valuation is now $13.7 billion, the release states
- The company has doubled the size of its customer base, now offering services to more than 500,000 people who need groceries delivered to their door
- Instacart has also shifted to delivering alcohol and prescriptions in addition to its usual grocery deliveries
