Instacart Raises $200m More At A $17.7b Valuation Direct

The Pandemic Pivot: How Instacart Reached a $17.7B Valuation

Just four months later, it added another $200 million, reaching $17.7 billion . Instacart raises $200M more at a $17.7B 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 The Pandemic Pivot: How Instacart Reached a $17

The company was valued at approximately $7.9 billion . it added another $200 million

To understand the significance of $17.7 billion, you have to look at where Instacart started the year.