Just four months later, it added another $200 million, reaching $17.7 billion .
Before the pandemic, Instacart was often viewed as a convenience for the time-strapped. The global crisis transformed it into an essential service. Instacart raises $200M more at a $17.7B valuation
It raised $225 million at a $13.7 billion valuation. Just four months later, it added another $200
After losing roughly $300 million in 2019, the company finally swung to a $10 million profit in April 2020. 3. Diversifying Beyond the Produce Aisle Just four months later
Just four months later, it added another $200 million, reaching $17.7 billion .
Before the pandemic, Instacart was often viewed as a convenience for the time-strapped. The global crisis transformed it into an essential service.
It raised $225 million at a $13.7 billion valuation.
After losing roughly $300 million in 2019, the company finally swung to a $10 million profit in April 2020. 3. Diversifying Beyond the Produce Aisle