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The Instacart logo is a simplified carrot. Logo since 2022. Maplebear Inc., [2] doing business as Instacart, is an American delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. [4]
Apoorva Mehta (born 1986) is a billionaire Canadian-American businessman and the founder of Instacart and Cloud Health Systems. [1] [2] As of September 2023 he had a net worth of $1.3 billion, owing to his 10% ownership share of Instacart and his stake in Cloud Health Systems. [3]
Fidji Simo (born 5 October 1985) [1] is a French-American [2] businesswoman and the CEO and Chair of Instacart. [3] Before Instacart, she spent a decade at Facebook where she was one of the top executives as the Head of Facebook. [4]
Instacart, on the other hand, will be publicly traded for the first time. Founded in 2012, Instacart's valuation rose to $39 billion in 2021 as excitement around grocery delivery grew during the ...
And Instacart's core grocery delivery business is showing signs of slowing growth, making Simo's expanded business model more critical. Instacart's IPO will be closely watched by other startups; ...
The pandemic had sent the startup’s delivery business soaring, but as lockdowns eased and customers stopped being willing to pay high delivery fees to have someone else shop on their behalf ...
Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
Moser's was founded in 1982 by Roger and Jeanie Moser when they bought an existing grocery store in Fulton. There are now eight Moser's locations in central Missouri, including three in Columbia.