Instacart is an on-demand food delivery network for people who don't want to be grocery shopping right now. They've just been valued at $4.2B and are Y Combinator's third largest portfolio company to date.
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Instacart Adds $200 Million to Defend Against Amazon Deliveryis very serious about grocery delivery, but , the most popular alternative for supermarket orders in the U.S., isn't rolling over. The San Francisco startup raised $200 million in a round led by investment firms and , the company told Bloomberg on Monday.
Instacart has raised another $200M at a $4.2B valuationDespite plenty of uncertainty swirling around Instacart and its complex relationship with Whole Foods - now owned by Amazon - investors still seem to not be too worried, and are pouring a fresh big round of financing into the startup that values it at $4.2 billion.
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