Look out for… Instacart, the on-demand grocery delivery company that is now worth a whopping $7.6 billion. The company raised $600 million in its latest round of funding. Instacart launched in 2012 and gives ordinary people their very own grocery shopper.
Here’s how it works… customers get a personal shopper that goes to the grocery store, finds everything on your grocery list, purchases and delivers the items to you. And the continued investment is encouraging news because many thought this company didn’t stand a chance against AmazonFresh which provides a similar service.
Instacart partners with… many grocery stores, including Whole Foods, Kroger, Sam’s Club, Publix, and many others. The company has deals with over 300 grocery stores (national and local). Instacart now has services at 15,000 grocery stores in 4,000 cities with 50,000 customers. Pretty soon we will never need to the leave the house – that’s the ultimate goal in life, right?