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Our mission is to create a world where everyone has access to the food they love and more time to enjoy it together. At Instacart, we... – More

Company Updates

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Today, we’re excited to share that Fidji Simo will be joining Instacart as CEO on August 2, as our Founder Apoorva Mehta transitions to Executive Chairman of Instacart’s Board. As one of the most formidable consumer technology leaders in the world, Fidji has extensive experience developing beloved global products used by billions of people everyday. For the last decade, she’s helped Facebook scale from 1,000 to 100,000 team members while building a reputation as a supportive and thoughtful leader that lifts up her teams and helps them do the best work of their careers. Apoorva and Fidji share an ambitious vision for Instacart’s future and we’re proud to welcome her to the table as she partners with our teams to chart the future course for our company and industry for years to come. Read more on Apoorva’s decision to recruit Fidji to lead Instacart’s next chapter via the Instacart blog.
—4 days ago
To The Instacart Community, I want to share an important update. Later this month, I'll be transitioning to become the Executive Chairman of the Instacart Board and Fidji Simo will be the new CEO. I want to tell you about how I came to this decision and why I believe Fidji is the right person to lead Instacart into its next chapter.
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company-updates.categories.company-news
We’re excited to announce that we have raised $265 million as part of a new financing round led by existing investors including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners L.P. , Fidelity Management & Research Company LLC, and T. Rowe Price. This new fundraising more than doubles our valuation to $39 billion and reflects the strength of our business, the growth our teams have delivered and the incredible opportunity ahead.
—30+ days ago
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