Instacart IPO Date : Buy Or Sell Instacart Stock Pre IPO
Instacart IPO Date : Buy Or Sell Instacart Stock Pre IPO
Apoorva Mehta, Brandon Leonardo and Max Mullen established Instacart in 2012. CEO Apoorva Mehta noted during an interview with the CNBC in May 2019 that the company is preparing an eventual IPO when discussing the importance of profitability. These observations should not be construed as meaning that the company officially pursues or renounces an IPO.
A delivery service is owned and operated by Instacart. Investors, including Tiger Global Management, Coatue Management, G Squared, Dragoneer Investment Group, Comcast Ventures, Kleiner Perkins, Thrive Capital, Andreessen Horovitz, Canaan Partners, Khosla Ventures, DST Global, General Catalyst, and Sequoia Capital, raised almost $2.2 billion in Venture Capital funding. Instacart last raised $225 million in June 2020, according to the press releases of the company, at a post-money estimate of $13.7 billion.
Valuation
Date of Last Funding Round
June 2020
Amount Last Raised
$13.74 B
Value at Last Round
$225 MM
Total Funding to Date
$2.17 B
Is Instacart an enterprise publicly traded?
No, the business is held privately.
The current shareholders are the founders, employees and various corporate venture capital firms, such as Andreessen Horowitz, T. Rowe Preise, Tiger Global Management, Sequoia Capital and Kleiner Perkins. The shareholders include:
On 10/08/2020 Instacart announced its financing round, led by D1 Capital and Valiant Capital Management. The new estimate is 17.7 billion dollars.
On 03/02/2021 announced a further private funding round. The company raised Instacart $265 million for 39 billion dollars.
Instead of a traditional IPO, the company envisages a direct listing IPO.
Where is the IPO date of Instacart?
The IPO date of Instacart has not been set at this time.
According to The Financial Times and Reuters, the date of IPO Instacart is speculated to be in the first half of 2021. Instacart hired the underwriter for Goldman Sachs.
Only one of two things will happen will the approximate Instacart IPO date be known:
The date range of the Instacart IPO leaks to the press
Instacart S-1 filing is publicly available
We’ll still be unaware of a firm IPO date even if the company and SEC release the S-1 file openly.
Typically, the IPO date takes place a month or two after publication of the S-1.
Since Instacart is a so-called unicorn and Silicon Valley honeymoon, you can be confident that the IPO date advisory will be published loudly.
