HOME

TheInfoList



OR:

Maplebear Inc.,
doing business as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...
Instacart, is an American retail media and delivery company based in
San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
that operates a grocery delivery and pick-up service in the United States and Canada accessible via a
website A website (also written as a web site) is any web page whose content is identified by a common domain name and is published on at least one web server. Websites are typically dedicated to a particular topic or purpose, such as news, educatio ...
and
mobile app A mobile application or app is a computer program or software application designed to run on a mobile device such as a smartphone, phone, tablet computer, tablet, or smartwatch, watch. Mobile applications often stand in contrast to desktop appli ...
. It allows customers to order groceries, and alcohol where legal, from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order within the customer's designated time frame. The company offers service from over 1,800 retailers covering more than 100,000 grocery stores, and works with over 7,000 consumer packaged goods brands. Alcohol delivery is available from 600 retail banners that span more than 23,000 stores across North America. Instacart reaches nearly 98% of SNAP households, offering delivery services from nearly 180 retail banners, including
ALDI Aldi (German pronunciation: ), stylised as ALDI, is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and ...
,
Food Lion Food Lion is an American regional supermarket Chain store, chain headquartered in Salisbury, North Carolina, that operates over 1,000 supermarkets in 10 states: Delaware, Georgia (U.S. state), Georgia, Kentucky, Maryland, North Carolina, Pennsyl ...
, Publix, The Save Mart Companies and
Walgreens Walgreens is an American pharmacy store chain. It is the second largest in the United States, behind CVS Pharmacy. As of March 2025, the company operated more than 8,700 stores in the U.S. Walgreens has been the subject of a number of lawsuit ...
, spanning more than 30,000 stores across all 50 states and Washington D.C. Since its founding, Instacart Marketplace has powered more than $100 billion of GTV and over 900 million orders with approximately 20 billion items ordered.


History


Corporate history

After getting inspiration from being low on groceries without owning a car as well as his trips to the grocery store by bus in the cold while growing up in Canada, Apoorva Mehta founded Instacart in 2012 at age 26. He tried to apply for funding through
Y Combinator Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 5,000 companies. The accelerator program started in Boston and Mountain View, Californi ...
but missed the deadline. He eventually got a meeting by using the Instacart
mobile app A mobile application or app is a computer program or software application designed to run on a mobile device such as a smartphone, phone, tablet computer, tablet, or smartwatch, watch. Mobile applications often stand in contrast to desktop appli ...
to deliver a six-pack of beer from 21st Amendment Brewery to a Y Combinator partner and was admitted to the summer of 2012 batch. Y Combinator helped Mehta raise $2.3 million in funding and enabled him to meet his two co-founders, Max Mullen and Brandon Leonardo. The company’s name is a combination of "maple," in reference to Canada, and "bear," for the logo on the California state flag, as Mehta grew up in Canada and moved to California. At the end of 2018, Instacart changed its pay system for its personal shoppers. In 2019, the company expanded its services to offering an on-demand option for its shoppers, in order to allow shoppers to work more flexible schedules. In 2020 during the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, Instacart implemented contactless delivery, safety kits and guidelines for shoppers. From mid-March to mid-April 2020, during the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, as a result of a surge in usage of the
mobile app A mobile application or app is a computer program or software application designed to run on a mobile device such as a smartphone, phone, tablet computer, tablet, or smartwatch, watch. Mobile applications often stand in contrast to desktop appli ...
, Instacart signed up an additional 300,000 shoppers to meet the surge in demand for grocery deliveries. In July 2021, Fidji Simo was appointed CEO, while Mehta transitioned to Executive Chairman of the Board. In July 2022, Simo was appointed to succeed Mehta as
chairperson The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by ...
once the company completed its
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
. In September 2023, the company became
public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...
through an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
raising $660 million, valuing the company at about $10 billion. The company's shares opened on
Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
at a price of $30. Mehta left the company after it went public. In 2025, Instacart unveiled its first Super Bowl ad. In May 2025,
TechCrunch TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. I ...
and others reported that Simo would leave Instacart to take a role with
OpenAI OpenAI, Inc. is an American artificial intelligence (AI) organization founded in December 2015 and headquartered in San Francisco, California. It aims to develop "safe and beneficial" artificial general intelligence (AGI), which it defines ...
.


Service launches and grocery partnerships

Instacart was first launched in
San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
in 2012. In November 2013, Instacart added alcohol delivery in areas where alcohol delivery was legal. The company expanded across the United States in the following years. In August 2013, Instacart began offering an annual membership service called Instacart Express. In June 2022, Instacart Express was renamed Instacart+ and new family shopping features, including sharing membership and shopping-cart collaboration with another family member for free, were added. In November 2017, the company expanded to Canada, first with a partnership with
Loblaw Companies Loblaw Companies Limited is a Canadian retailer encompassing corporate and franchise supermarkets operating under 22 regional and market-segment banners (including Loblaws), as well as pharmacies, banking and apparel. Loblaw operates a private ...
in
Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
and
Vancouver Vancouver is a major city in Western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the cit ...
. By May 2018, Instacart was available for use in 11 Canadian markets and was planning expansions for five more markets. In April 2018, Instacart changed its prices by instituting a mandatory 5% service fee on all orders. It originally offered an optional 10% service fee that went directly to Instacart that could be turned off. It also returned the gratuity option back to the checkout screen and raised the default value from 0% to 5%. In March 2019, Instacart expanded its same-day alcohol delivery service in the U.S. Effective May 2019,
Whole Foods Market Whole Foods Market, Inc. (colloquially referred to as simply Whole Foods) is an American multinational supermarket chain store, chain headquartered in Austin, Texas, which sells products free from Hydrogenated fat, hydrogenated fats and artificia ...
ended its partnership with Instacart in the U.S. given its ties to
Amazon.com Amazon.com, Inc., doing business as Amazon, is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos in Bellevu ...
. In February 2024, Instacart announced customers throughout Canada can now order fresh groceries and everyday essentials from Whole Foods Market on the Instacart App. In May 2020, Instacart began a partnership with Rite Aid, offering its service across 2,400 locations in 18 states. In August 2020, Instacart entered its first partnership with Walmart in the U.S. to offer same-day delivery services. The partnership is a pilot program beginning in Los Angeles, San Francisco, San Diego, and Tulsa. Additional partnerships in June included C&S Wholesale Grocers and Staples. Instacart had a valuation of $39 billion as of 2021. In March 2022, in partnership with
TikTok TikTok, known in mainland China and Hong Kong as Douyin (), is a social media and Short-form content, short-form online video platform owned by Chinese Internet company ByteDance. It hosts user-submitted videos, which may range in duration f ...
, Hearst Magazine and Tasty, Instacart launched Shoppable Recipes with product integrations for food creators. In the same month, Instacart introduced the Instacart Platform, a program with services for retailers. The platform launched with features for advertising, home delivery, and inventory counting. In May 2022, Instacart partnered with Canadian grocers Metro, Giant Tiger, and Galleria Supermarket. In March 2023, Instacart announced the availability of digital tools for medical providers to promote nutritious foods to patients and their families. In November 2023, Instacart partnered with Peacock. In May 2024, Instacart partnered with Uber Eats to give Instacart customers access to food delivery from Uber Eats U.S. restaurant partners. In June 2024, Instacart began a partnership with New York Times Cooking.


Acquisitions history

In January 2018, the company acquired Toronto-based Unata, a white-label platform for grocers, for $65 million. In October 2021, Instacart acquired smart cart and checkout company Caper AI for $350 million. In September 2022, Instacart announced the acquisition of Eversight, an
artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
pricing platform for brands and retailers. Also in September 2022, the company acquired Rosie, an e-commerce platform for local and independent retailers and wholesalers.


Shopper Concerns

Instacart has approximately 600,000 shoppers on their platform. Instacart shoppers are independent contractors, and the majority of shoppers choose to shop less than 10 hours per week. In June 2015, Instacart began hiring some shoppers as part-time employees, known as in-store shoppers, starting with
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
and
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
and extending to shoppers in
Atlanta Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...
,
Miami Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...
, and
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
the following month. In March 2017, Instacart agreed to pay $4.6 million to settle a class action settlement stemming from the alleged misclassification of its personal shoppers as independent contractors. The suit, filed in March 2015, alleged 18 violations, including improper tip pooling and failure to reimburse workers for business expenses. In February 2020, 15 Instacart in-store shoppers in
Skokie, Illinois Skokie (; formerly Niles Center) is a Village (United States), village in Cook County, Illinois, United States. According to the 2020 United States census, 2020 census, its population was 67,824. Skokie lies approximately north of Chicago's dow ...
voted to form a
trade union A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, such as attaining better wages ...
. In March 2020, shoppers impacted by COVID-19 would be eligible for up to 14 days of sick pay. Instacart required that workers either get a positive COVID-19 test or be under a mandatory quarantine by a public health or other government agency. Workers demanded hazard pay and
personal protective equipment Personal protective equipment (PPE) is protective clothing, helmets, goggles, or other garments or equipment designed to protect the wearer's body from injury or infection. The hazards addressed by protective equipment include physical, elect ...
. In early April 2020, Instacart began providing safety kits to workers. In June, Instacart changed its sick leave in an agreement reached by it and D.C. Attorney General, Karl Racine. Under the agreement, Instacart provided paid leave to workers who were clinically diagnosed with COVID-19 by a doctor or other medical professional along with those who had a household member contract COVID-19. The agreement also provided workers access to telemedicine services. In January 2021, Instacart announced a $25 stipend to provide financial assistance to company shoppers who choose to get the
COVID-19 vaccine A COVID19 vaccine is a vaccine intended to provide acquired immunity against severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes coronavirus disease 2019 ( COVID19). Knowledge about the structure and fun ...
. In January 2021, the company announced plans to lay off nearly 2,000 in-store employees, Instacart said that the layoffs were due to stores increasingly using Instacart to have consumers place orders, but have their own employees fulfill the order instead of Instacart's workforce, reducing reliance on Instacart's in-store shoppers.


References


External links

* {{authority control, state=expanded 2012 establishments in California 2023 initial public offerings American companies established in 2012 Companies in the S&P 400 Companies listed on the Nasdaq Internet properties established in 2012 Multinational companies headquartered in the United States Online grocers Retail companies established in 2012 Technology companies based in the San Francisco Bay Area Transport companies established in 2012 Y Combinator companies Technology companies established in 2012