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Instacart nabs nearly $14 billion valuation in new funding round

6 years 4 months ago
Instacart has raised a new round of financing that makes it one of the most valuable unicorns in the U.S., leapfrogging Doordash, Palantir and Robinhood. Amid surging demand for grocery delivery, Instacart has raised $225 million, led by DST Global and General Catalyst. The round increases its valuation to nearly $14 billion, from $8 billion when it last raised money in 2018.
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9 minutes 41 seconds ago
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