Instacart Net Worth (Updated 2025).

Instacart, a pioneering force in the grocery delivery market, was founded in 2012 by Apoorva Mehta, a former Amazon engineer. Mehta recognized the potential in streamlining the grocery shopping experience for busy consumers, leading to the creation of Instacart’s innovative platform.

Instacart’s fame began to soar in 2013 when it launched in San Francisco, offering same-day grocery delivery from local stores. The service quickly gained traction, drawing customers with its convenience and efficiency. By 2015, Instacart had expanded its services to over 150 markets across the United States and Canada, solidifying its status as a household name in online grocery delivery.

Instacart’s Current Net Worth (2025)

As of 2025, Instacart’s current net worth is estimated to be approximately $39 billion. This valuation reflects the company’s significant growth and impact on the grocery delivery industry.

Career

Founded in 2012 by Apoorva Mehta, Instacart began as a grocery delivery service in San Francisco. It has since expanded nationwide, partnering with over 40,000 stores and serving millions of customers. Mehta, a former Amazon engineer, has been instrumental in driving Instacart’s growth and innovation.

Other Ventures

Instacart has diversified its offerings beyond grocery delivery. In 2020, it launched Instacart Connect, a platform allowing retailers to offer delivery services to their customers. Additionally, Instacart has invested in robotics and automation technology to improve its delivery efficiency.

Assets

Instacart’s assets include its robust technology platform, extensive network of retail partners, and a large customer base. Its delivery infrastructure, consisting of personal shoppers and delivery drivers, is another significant asset. As of 2021, Instacart had raised over $2.6 billion in funding from investors.

Annual Income

Instacart’s annual income has grown significantly over the years. In 2020, during the height of the COVID-19 pandemic, Instacart’s gross merchandise volume (GMV) reached $35 billion, more than double its 2019 GMV. While exact revenue figures are not publicly disclosed, Instacart’s annual income is expected to continue growing with the increasing demand for grocery delivery services.

Frequently Asked Questions about  Instacart

Frequently Asked Questions: Instacart Net Worth

1. What is Instacart’s net worth?

Instacart’s net worth is estimated to be around $39 billion as of the latest estimates.

2. How does Instacart make money?

Instacart makes money through delivery fees, service fees, and tips from customers, as well as markups on items and a monthly or annual membership fee for its Instacart+ service.

3. When was Instacart founded?

Instacart was founded in 2012 by Apoorva Mehta, Max Mullen, and Brandon Leonardo.

4. Who are Instacart’s competitors?

Instacart’s main competitors are Walmart’s Delivery Unlimited, Amazon Fresh, and Shipt, which is owned by Target.

5. How many employees does Instacart have?

As of 2021, Instacart has over 300,000 shoppers and has hired over 10,000 full-service employees.

6. What is Instacart’s business model?

Instacart’s business model is based on connecting customers with personal shoppers who pick and deliver groceries from local stores. It operates as a marketplace, connecting customers with independent contractors who act as shoppers.

7. How has the COVID-19 pandemic affected Instacart?

The COVID-19 pandemic has significantly increased demand for Instacart’s services, with the company reporting a 500% increase in new customers in 2020.

8. Who is Instacart’s CEO?

Apoorva Mehta is the co-founder and CEO of Instacart.

9. What is Instacart’s market share in the grocery delivery industry?

Instacart has a significant market share in the grocery delivery industry, with an estimated 50% of the market in the United States.

10. Has Instacart ever faced any controversies?

Yes, Instacart has faced controversies related to worker compensation, data privacy, and pricing practices. In 2020, the company faced criticism for initially not providing personal protective equipment (PPE) to shoppers and for reducing pay during the COVID-19 pandemic.