Instacart is an American technology company that provides a same-day grocery delivery and pick-up service. It was founded in 2012 by Apoorva Mehta, Max Mullen, and Brandon Leonardo. The company is headquartered in San Francisco, California.

Instacart's main service is to provide customers with a convenient way to have their groceries delivered right to their doorstep. Users can browse and select products from local grocery stores through the Instacart mobile app or website. Shoppers then pick up the items and deliver them to the customers, usually within a few hours.

In addition to groceries, Instacart also delivers other household items and even offers alcohol delivery in some areas. On a global scale, Instacart primarily operates in the United States and Canada. The company has expanded rapidly and now serves more than 5,500 cities across North America.

Instacart has partnered with various grocery chains, including major retailers like Costco, Kroger, and Walmart, to provide their customers with convenient online shopping and delivery options. As of now, Instacart does not have any noteworthy subsidiaries, joint ventures, or partnerships. However, the company has partnered with various independent contractors who work as shoppers to fulfill customer orders.

Instacart holds a significant market position, especially in the United States where it is one of the leading grocery delivery platforms. The company has experienced exponential growth in recent years, with its user base and sales consistently expanding. In terms of competition, Instacart faces competition from other grocery delivery platforms such as Amazon Fresh and Shipt.

Throughout its journey, Instacart has made several significant achievements and changes. In 2017, the company raised $400 million in funding and expanded its services to include alcohol delivery. In 2020, Instacart saw a major surge in demand due to the COVID-19 pandemic, leading to increased partnerships and a surge in customer sign-ups.

Currently, the most recent update is that Instacart has announced plans for an initial public offering (IPO). This move indicates the company's continued growth and its intention to further expand its operations in the coming years. Overall, Instacart remains a prominent player in the online grocery delivery industry, continually adapting to meet customer needs and demands