Instacart Announces $400 Million Series D Financing

On March 8, 2017, Instacart, which allows people to order groceries online by connecting them with personal shoppers, announced that it has raised $400 million in a Series D round of financing led by Sequoia Capital, with participation from Y Combinator, Andreessen Horowitz, and Kleiner Perkins Caufield & Byers, among others. Wilson Sonsini Goodrich & Rosati advised Instacart in the transaction.

The WSGR team that advised Instacart in the transaction included partners Jon Avina and Rachel Proffitt and associates Bradley Libuit and Wesley Libuit.

For more information, click here to read Instacart's announcement.