A study by NERA Economic Consulting found that Instacart was responsible for creating approximately 186,000 additional jobs in the U.S. grocery industry between 2013 and early 2020, with 70,000 of those added during the height of the pandemic.
Just four months later, it added another $200 million, reaching $17.7 billion . Instacart raises $200M more at a $17.7B valuation
In less than ten months, Instacart more than doubled its paper value, driven by a compared to the previous year. 2. From "Luxury Service" to "Lifeline" A study by NERA Economic Consulting found that
The company was valued at approximately $7.9 billion . it added another $200 million