San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Instacart is raising $290,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Apoorva Mehta played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Instacart
Instacart is the North American leader in online grocery delivery. Instacart shoppers offer same-day delivery and pickup services to bring fresh groceries and everyday essentials to busy people and families across the U.S. and Canada. Instacart has partnered with more than 500 beloved national, regional and local retailers, including unique brand names, to deliver from nearly 40,000 stores across more than 5,500 cities in North America. Instacarts delivery service is available to 85% of U.S. households and 70% of Canadian households. The companys cutting-edge enterprise technology also powers the ecommerce platforms of some of the worlds biggest retail players, supporting their white-label websites, applications and delivery solutions. Instacart offers an Instacart Express membership for unlimited free delivery on orders over $35.

To learn more about Instacart, visit http://www.instacart.com/

Contact:
Apoorva Mehta, Chief Executive Officer
888-246-7822
https://www.linkedin.com/in/apoorvamehta/

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