Instacart raises new funding
Grocery delivery company Instacart has reportedly raised significant funding in a new round of funding. According to a reports published yesterday (7 March) by the Wall Street Journal, TechCrunch today and other sources, Instacart raised up to $400m, giving the company a $3.4bn valuation.
Investors in the round reportedly included Sequoia Capital , Andreessen Horowitz, Y Combinator and Kleiner Perkins.
Instacart is currently operating only in the US market, delivering groceries sourced from local stores.
