Instacart Raises $100-Million

Instacart Raises $100-Million

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.