Instacart raises $265M at a $39B valuation

On-demand grocery delivery platform Instacart has raised a $265 million funding round from existing investors, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others. The new funding, which, like its past few rounds, isn’t assigned a Series alphabetical designation, pushes the company’s valuation to $39 billion — more than double its $17.7 billion valuation … Continue reading Instacart raises $265M at a $39B valuation