Instacart Raises $200m — More At A $17.7b Valuation
A study by NERA Economic Consulting found that Instacart was responsible for creating approximately 186,000 additional jobs in the U.S. grocery industry between 2013 and early 2020, with 70,000 of those added during the height of the pandemic.
Before the pandemic, Instacart was often viewed as a convenience for the time-strapped. The global crisis transformed it into an essential service. Instacart raises $200M more at a $17.7B valuation
In less than ten months, Instacart more than doubled its paper value, driven by a compared to the previous year. 2. From "Luxury Service" to "Lifeline" A study by NERA Economic Consulting found that
The Pandemic Pivot: How Instacart Reached a $17.7B Valuation Instacart raises $200M more at a $17.7B valuation