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Instamart
company
About
Instamart (rebranded SberMarket) is the #1 e-grocery company in Russia.
- 1001 - 5000
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $7.70M
- Industries
- Delivery,Delivery Service,E-Commerce,Grocery,Retail,Retail Technology,Same Day Delivery
- Founded date
- Jun 7, 2013
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
Instamart was rebranded SberMarket after becoming part of O2O Holding in 2019. SberMarket is the #1 e-grocery company in Russia providing consumers and businesses with convenient same-day delivery and click-and-collect services. The company operates a proprietary technology platform, connecting retailers, producers, and customers.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$54.20M
Instamart has raised a total of
$54.20M
in funding over 2 rounds. Their latest funding was raised on
Apr 1, 2020 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 1, 2020 | Series D | $45M | 2 |
Mail.Ru Group
Sberbank
|
— | Detail |
| Apr 1, 2019 | Series C | $7.70M | 1 |
Mail.Ru Group
|
— | Detail |
| Nov 1, 2016 | Series A | $1.50M | 1 |
Mail.Ru Group
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
4
2
Instamart is funded by 2 investors.
Mail.Ru Group
and Sberbank
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Mail.Ru Group
|
Yes | Series D |
|
Sberbank
|
Yes | Series D |
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