Company Updates

We're celebrating our 10-year anniversary! As much as we’ve accomplished over our first decade — including delivering 859 million bananas! — we’re even more excited for what’s to come: helping retailers and brand partners grow their businesses, building a more connected online and offline consumer experience, and making grocery shopping less transactional and more inspirational and personal. As part of this milestone, our CEO Fidji Simo penned a blog post reflecting on Instacart's growth and momentum to-date and the our ambitious vision for the next 10 years. The piece chronicles major moments in grocery history and highlights the important role technology has to play in grocery’s continued evolution. It’s been quite a decade - here’s to the next 10!

"Instacart Hired Me When I Was 9 Months Pregnant. While most women (including me) worry about switching jobs during their pregnancies, Instacart made it really comfortable for me to make a move. When an Instacart recruiter reached out to me over LinkedIn, I was upfront with my pregnancy as I was in my third trimester. The recruiter joyously replied to me with a positive note that Instacart would happily consider my candidacy and I would be eligible for their generous maternity and parental benefits. My interview and the interviewers were non-biased and the whole recruitment process went just as normal as it could be. I knew at that time that I'm stepping into a great cultured company. I joined and worked at Instacart for 4 weeks before I went on my maternity leave. Despite this short duration, my manager and the whole team made me feel welcome and inclusive. Thanks to Instacart's generous maternity benefits, I could cherish my time with my baby without any financial worries. After 9 months of my leave, I'm thrilled to join back my team and work on products to make an impact."

In honor of International Women’s Day, we’re proud to celebrate all of the incredible women that make up the Instacart community and to share this important conversation with our CEO Fidji Simo. Fidji recently sat down with New York Magazine’s The Cut for an in-depth conversation on her career milestones, setbacks along the way, and how these lessons have shaped the way she leads today. She expands on how teams can benefit from showing more vulnerability in the workplace, and the power that can come from being flexible on the journey, but inflexible on the destination. Y

We’re proud to receive a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index, designating Instacart as one of the Best Places to Work for LGBTQ+ Equality for the second year in a row. At Instacart, we welcome you just as you are—we celebrate your unique paths and experiences that have brought you to our table.

We sat down with Ali Miller, our Director of Product Management for Ads, to learn about her nontraditional path to product, what makes the ads ecosystem at Instacart an exciting place to build, and her approach to leading inclusive Product teams. “At Instacart, we’re building an ads solution that not only closes the loop for advertisers but can also help users discover new products. Our ads replicate the experience of going into a store and finding something new.” Read more about why Ali joined Instacart and the team she’s building. ⤵️ …And if you’re interested in working with Ali, she’s hiring! https://instacart.careers/team-product/

We couldn’t be prouder to share that we’ve been recognized as a Best Company for Diversity and Best Company for Women by Comparably! We’re honored to be included on these lists as they’re based entirely on reviews from our employees. We believe that no matter what you bring to the potluck, there’s a seat at the table for you. Learn more about our approach to Diversity, Equity & Belonging at Instacart: https://lnkd.in/e7jKbWVR

Our President Carolyn Everson sat down with Winsight Grocery Business to talk about spending time with our retail partners and our vision for the future of grocery retail. "We’re so energized by the opportunity ahead, and the role we can play empowering grocers. We’ll continue to build and invest in new, innovative solutions that support the entire customer journey, and use technology to create a better grocery experience for our partners and their customers." Read the full interview ⤵️

🎙 Our CEO Fidji Simo sat down with Bob Safian of the Masters of Scale Rapid Response podcast to talk about her first three months as CEO, her plans to scale Instacart with soul, as well as the evolution of the broader grocery industry. Listen to the full interview here ⤵️

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.

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.