Instacart Raises $100-Million

Wochit Business 2020-07-03

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Instacart has raised another $100 million in funding.
Business Insider reports that the $100 million will be added to the $225 million it raised in June.
The company is valued at $13.8 billion.
Instacart has been growing quickly during the coronavirus pandemic because more consumers opt for online grocery delivery.
This new funding will allow the company to scale the business further.

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