Instacart Accelerates International Growth with Acquisition of Instaleap

Instacart has acquired Instaleap — an enablement and fulfillment solutions services platform for grocers — in a bid to expand the global reach of its enterprise offerings. Instaleap’s technology solutions, including marketplace integrations and fulfillment solutions services, are purpose-built for grocery.

The company has established relationships with nearly 100 grocery retailers and marketplaces outside North America, including Cencosud, Continente, Jerónimo Martins, Lulu and SPAR.

With operations in nearly 30 countries, Instaleap also has a growing presence in Europe, Latin America and the Middle East and has powered more than 100 million transactions to date.

“We’ve built our platform with a deep focus on the unique needs of grocery retailers across diverse international markets,” said Antonio dos Santos Nunes, CEO and Co-founder of Instaleap in a statement. “Joining Instacart enables us to scale our impact with the support of a trusted partner that shares our commitment to retailer success.”

Initially, Instaleap will operate as a wholly owned subsidiary of Instacart.

Instacart also will offer its existing services and tools to Instaleap partners and plans to expand its offerings — including ecommerce, connected stores, retail media, AI and data solutions with products like Carrot Ads, Caper Carts and FoodStorm — to those partners more broadly over time.

“We see a meaningful opportunity to expand internationally through an enterprise-led strategy that empowers retailers across the globe to meet the evolving omnichannel needs of their customers,” said Ryan Hamburger, Chief Commercial Officer at Instacart in a statement.

“We’ve already seen growing global demand for our online and in-store technologies, including Storefront Pro and Caper Carts, with early traction in Europe and Australia.

With the addition of Instaleap’s technology, international expertise and deep retail relationships, we can accelerate our international expansion and better serve retailers and consumers around the world.”

Instacart has steadily been building out its suite of enterprise solutions to serve grocery retailers beyond just delivery services, including offerings to help grocers digitize stores and build out retail media businesses.