Grocery delivery startup Shipt raises $20M to compete with Instacart

Grocery delivery startup Shipt raised $20.1 million in funding Wednesday to offer up competition to Instacart. Greycroft Partners, Harbert Growth Partners and e.ventures participated in the Series A round. The company has raised $25.3 million to date. CEO Bill Smith founded the startup in 2014 and launched in Birmingham, Alabama. [...]

2016-07-28T20:10:52+00:00July 28th, 2016|Tags: , |

The staggering challenges of the online grocery business

The online grocery delivery business seems to get more crowded–and more competitive–by the minute.  Tech giants Google and Amazon.com are offering it in some major cities, and so are upstarts such as Instacart, Postmates and FreshDirect.  These newcomers are battling with more established businesses such as Peapod, which has been delivering groceries for more [...]

2015-05-01T23:57:15+00:00January 21st, 2015|Tags: |
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