Max Mullen

Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and.1

About

Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order, while also providing alcohol delivery in regions where it is permitted.

The company offers service from 2,200 retailers covering nearly 100,000 grocery stores, and works with 9,000 consumer packaged goods brands. Alcohol delivery is available from hundreds of retail banners that span 17,000 stores across North America.

Instacart reaches "nearly 98%" of SNAP households, offering delivery services from about 180 retail banners, including ALDI, Food Lion, Publix, The Save Mart Companies and Walgreens, spanning about 30,000 stores across all 50 states and Washington D.C. Since its founding, Instacart Marketplace has seen over $100 billion of "gross transactional value" and over 900 million orders with approximately 20 billion items ordered.

From Wikipedia’s article on Max Mullen, shared under CC BY-SA 4.0.2

Companies

Career

Corporate history

After getting inspiration from being low on groceries without owning a car as well as his trips to the grocery store by bus in the cold while growing up in Canada, Apoorva Mehta founded Instacart in 2012 at age 26. He tried to apply for funding through Y Combinator but missed the deadline. He eventually got a meeting by using the Instacart mobile app to deliver a six-pack of beer from 21st Amendment Brewery to a Y Combinator partner and was admitted to the summer of 2012 batch. Y Combinator helped Mehta raise $2.3 million in funding and enabled him to meet his two co-founders, Max Mullen and Brandon Leonardo. The company’s name is a combination of "maple," in reference to Canada, and "bear," for the logo on the California state flag, as Mehta grew up in Canada and moved to California.

At the end of 2018, Instacart changed its pay system for its personal shoppers. Shoppers reported frustration with the new payment system.

In 2019, the company expanded its services to offering an on-demand option for its shoppers, in order to allow shoppers to work more flexible schedules.

In 2020, during the COVID-19 pandemic, Instacart implemented contactless delivery, safety kits and guidelines for shoppers. From mid-March to mid-April 2020, as a result of a surge in usage of the mobile app, Instacart signed up an additional 300,000 shoppers to meet the surge in demand for grocery deliveries.

In 2021, Instacart had a valuation of $39 billion. In July 2021, Fidji Simo was appointed CEO, while Mehta transitioned to Executive Chairman of the Board. In July 2022, Simo was appointed to succeed Mehta as chairperson once the company completed its initial public offering. In September 2023, the company became public through an initial public offering raising $660 million, valuing the company at about $10 billion. The company's shares opened on Nasdaq at a price of $30. Mehta left the company after it went public. In 2025, Instacart unveiled its first Super Bowl ad.

In May 2025, TechCrunch and others reported that Simo would leave Instacart to take a role with OpenAI. Later that month the company appointed business chief, Chris Rogers, as its next CEO beginning in August 2025. On August 15, 2025, Chris Rogers officially stepped into the position of CEO and joined the company's Board of Directors.

In December 2025, Instacart agreed to pay $60 million to settle an investigation opened by the U.S. Federal Trade Commission (FTC) related to allegations the company had deceived consumers about its Instacart+ membership and free delivery offers, according to court documents. An Instacart spokesperson said the company flatly denied any allegations of wrongdoing, and that the settlement allows the company to focus on shoppers and retailers.

From Wikipedia’s article on Max Mullen (this version), CC BY-SA 4.0.

Sources

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