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March 8, 2017 02:55 am GMT

Instacart raises $400 million at a $3.4 billion valuation to deliver groceries on-demand

Grocery delivery startup Instacart has raised another$400 million in a new round of financingat a valuation of $3.4 billion, according to sources familiar with the deal. Axios broke news that Instacart was in talks to close thedeallast week. Instacart executives declined to comment for this story. Over the past year, Instacart has weathered a number of controversies after raising… Read More

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