Instacart

Instacart

Verified
Leader in online grocery delivery offering same-day delivery and pickup services to bring fresh groceries and everyday essentials to busy people and families across the U.S. and Canada. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20212022
Revenues00000000
% growth-39 %
EBITDA00000000
Profit00000000
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EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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$660m

Valuation: $9.9b

4.0x EV/LTM Revenues

IPO
Total Funding000k

Recent News about Instacart

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Instacart operates in the online grocery delivery market, serving clients across North America. It provides a platform for customers to order groceries from their favorite local stores and chain retailers. The business model is simple yet effective; customers place orders on the Instacart website or app, and personal shoppers in their area pick, pack, and deliver the items. Customers can choose to have their groceries delivered to their doorstep or pick them up from the store.

Instacart's revenue comes from multiple sources. Firstly, it charges customers a delivery fee for each order. For frequent users, there's an option to subscribe to an annual membership, Instacart Express, for unlimited free deliveries on orders over a certain amount. Secondly, it charges a service fee on the order total. Lastly, it earns revenue from in-app advertising by retailers and consumer brands.

The company has positioned itself as a reliable and convenient service, offering same-day delivery and a 100% quality guarantee on every order. It has a wide reach, with a catalog of 1 billion products from more than 500 retailers and local grocers. It has successfully delivered millions of orders across the U.S. and Canada, making it the largest online grocery marketplace in North America.

Keywords: Online Grocery Delivery, North America, Personal Shoppers, Delivery Fee, Service Fee, In-app Advertising, Same-day Delivery, Quality Guarantee, Retailers, Local Grocers.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
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