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This question is about instacart statistics.
Instacart is worth $39 billion. This was its valuation as of March 2021, and it is 19 times higher than the company's 2016 valuation.
Launched in 2012, Instacart was valued at $2 billion just four years later in 2016. It saw a significant jump in its value from 2017 to 2018 when it more than doubled in a year, going from $3.4 billion to $7.6 billion.
The company then saw steady growth in its value until it jumped significantly again in 2020, when its sales increased exponentially due to the COVID-19 pandemic lockdowns. In 2019, Instacart made $7.1 billion in sales, and in 2020 it made $23.42 billion.

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