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Instamart

company

About

Instamart (rebranded SberMarket) is the #1 e-grocery company in Russia.

  • 1001 - 5000

Highlights

Total Funding Amount
$54.20M
Funding Rounds
3
Investors
2

Details

Last Funding Type
Series C
Last Funding Money Raised
$7.70M
Industries
Delivery,Delivery Service,E-Commerce,Grocery,Retail,Retail Technology,Same Day Delivery
Founded date
Jun 7, 2013
Number Of Employee
1001 - 5000
Operating Status
Active

Instamart was rebranded SberMarket after becoming part of O2O Holding in 2019. SberMarket is the #1 e-grocery company in Russia providing consumers and businesses with convenient same-day delivery and click-and-collect services. The company operates a proprietary technology platform, connecting retailers, producers, and customers.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$54.20M
Instamart has raised a total of $54.20M in funding over 2 rounds. Their latest funding was raised on Apr 1, 2020 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 1, 2020 Series D $45M 2 Mail.Ru Group
Sberbank 		— Detail
Apr 1, 2019 Series C $7.70M 1 Mail.Ru Group — Detail
Nov 1, 2016 Series A $1.50M 1 Mail.Ru Group — Detail

Investors

Number of Lead Investors
Number of Investors
4
2
Instamart is funded by 2 investors. Mail.Ru Group and Sberbank are the most recent investors.
Investor Name Lead Investor Funding Round
Mail.Ru Group Yes Series D
Sberbank Yes Series D
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