Instacart announced this morning that it has closed a $220 million funding round, which the grocery delivery service says it will use toward category expansion and geographic growth.
The financing round was led by Kleiner Perkins Caufield & Byers, Comcast Ventures, the venture arm of NBCUniversal's parent company, as well as previous investors including top-tier venture capital firms such as Andreesen Horowitz, Khosla Ventures and Sequoia.
Instacart's funding now totals $275 million.
"Instacart's offering really resonates with customers," Apoorva Mehta, Instacart's founder and CEO, said in a statement. "We've got robust processes in place to support category and geographic expansion. Our vision is to help all types of local retailers get online and offer their customers one-hour delivery. This financing round will help us accelerate and scale those efforts."
Founded in San Francisco in 2012, Instacart is trying to reinvent the traditional grocery delivery space. The company now has more than 4,000 personal shoppers. These are independent contractors who shop for and deliver customer orders in as little as one hour.
Delivery is currently available in a range of cities across the U.S. including Austin, Chicago, New York City and San Francisco.