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AM

Apoorva Mehta

06/20/14

@ Y Combinator

I raised over 55 million dollars in financing for Instacart and we're generating hundreds of thousands of dollars in revenue every day.

Video

YC

Apoorva Mehta at Startup School NY 2014

@ Y Combinator

06/20/14

Related Takeaways

AM

Apoorva Mehta

06/20/14

@ Y Combinator

On June 2nd, 2012, I placed my first order on Instacart, and by then, the business was already profitable.

AM

Apoorva Mehta

06/20/14

@ Y Combinator

As Instacart grew, we faced the challenge of making operations scalable while managing diverse customer orders and crowdsourced shoppers.

BD

Brian Donohue

11/14/18

@ Y Combinator

We raised $80,000 from friends and family to support Instapaper after it spun out, with the goal of making it a long-term sustainable business.

GM

Gaurav Misra

05/02/25

@ EO

We raised over $100 million in funding and have tens of millions of users, with over 100,000 daily active users.

TX

Tony Xu

12/10/20

@ Y Combinator

Due to our excellent service, we've increased our weekly orders by over 30% week over week and generated over 1.5 million dollars in annualized sales for our restaurants.

LS

Loriana Sardar

04/28/25

@ EO

We currently have 20 paying customers and have generated about $200,000 in annual revenue, while raising a round of $1.5 million.

AM

Apoorva Mehta

06/20/14

@ Y Combinator

In the early days of Instacart, I personally fulfilled orders myself, even without a car, leading to deliveries arriving in Uber black cars.

AM

Apoorva Mehta

06/20/14

@ Y Combinator

In the early days of Instacart, most customers were Y Combinator founders, making it easy to gather feedback and iterate quickly on the product.

BL

Betsy Larkin

07/30/18

@ Y Combinator

We've raised over $300,000 on Kickstarter and in the first week of sales, we generated over $30,000 in revenue, making us profitable right out of the gate.