Tech Company Financing Transactions
Instacart Funding Round
On 7/10/2013, Instacart raised $8.5 million in Series A funding from Sequoia Capital, Canaan Partners and private investors.
Transaction Overview
Company Name
Announced On
7/10/2013
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series A
Investors
Sequoia Capital (Lead Investor) (Michael Moritz)
Canaan Partners (Hrach Simonian)
private investors (Paul Buchheit)
Proceeds Purpose
Instacart plans to use the proceeds of this round to fund expansion beyond San Francisco, with a goal of being in at least 10 major cities across the U.S. by the end of 2014.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
420 Bryant St.
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Get groceries delivered to your door in 1 hour. Shop online from stores.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Apoorva Mehta
Chief Financial Officer
Ravi Gupta
VP - Engineering
Udi Nir
VP - General Counsel
Nikhil Shanbhag
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We do our best to report on every notable VC transaction. VC transactions reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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