Breaking: Instacart raises $265M, putting valuation at $39B

Instacart raises $265 million

Instacart has announced a $265 million fundraising round, putting the total value of the company at $39 billion – more than double what it was just six months ago.

The round involved existing investors Andreessen Horowitz, Sequoia Capital, D1 Capital Partners, Fidelity Management & Research Company LLC, and T. Rowe Price Associates Inc.

“Today’s fundraising reflects the strength of Instacart’s business, the growth our teams have delivered, as well as the incredible opportunity ahead. This past...

https://www.freightwaves.com/news/breaking:-instacart-raises-$265m-putting-valuation-at-$39b

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