Instacart, the grocery technology company in North America, announced that Chief Executive Officer Fidji Simo has been appointed as Chair of the Board of Directors, effective upon Founder & Executive Chairman Apoorva Mehta’s transition off the Board once Instacart becomes a public company. Simo joined Instacart as CEO in August 2021, and since then, has charted a new chapter…
Instacart, the online grocery platform in North America, has announced its acquisition of FoodStorm, a SaaS order management system (OMS) that powers end-to-end order-ahead and catering experiences for grocery retailers. With this acquisition, Instacart is expanding its enterprise technology portfolio to further support its retail partners’ ecommerce needs, investing in more innovative technology solutions. “As…
Instacart, an online grocery platform in North America, has announced that it has appointed Carolyn Everson as President, effective September 7, 2021. Everson brings with her a 30-year proven track record of leading at-scale, global consumer technology teams with a focus on growing global partnerships, business development and pioneering advertising platforms. As President, Everson will…
Instacart has announced that it has appointed Fidji Simo as Chief Executive Officer, effective August 2, reporting to Instacart’s Board of Directors. Apoorva Mehta, Instacart’s Founder and current CEO, will transition to Executive Chairman of the Board, and will also report to Instacart’s Board of Directors. “Seven months ago, I invited Fidji to join Instacart’s…
Instacart, the leading online grocery platform in North America, announced it has appointed Asha Sharma as Chief Operating Officer. Sharma joins the company in mid-February and will report directly to Instacart Founder and Chief Executive Officer Apoorva Mehta. In her new role, Sharma will oversee the Instacart Marketplace, which includes the Instacart App, Instacart Logistics,…
Shef, the US-based homemade food marketplace that enables cooks to sell meals in their local communities, announced it has raised $8.8 million in seed funding from investors including Y Combinator, Craft Ventures, and M13, as well as founders and executives from Instacart, TaskRabbit, StubHub, AngelList, Lyft, Airbnb, and Yelp. Founded in 2018 by Alvin Salehi…
San Francisco-based online grocery store Instacart recently announced that it has raised $225mn as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes as Instacart continues to experience an unprecedented surge in customer demand for grocery delivery and pickup due to…