According to a recent report, the global online grocery market is expected to grow at 25% CAGR from from $285.7 billion in 2021 till 2030. Companies like Instacart are cashing in on this growth by helping deliver these groceries. Instacart's Offerings Last week, San Francisco-based Instacart filed for its IPO. Founded in 2012 by Apoorva Mehta, Brandon Leonardo, and Max Mullen, Instacart is a grocery delivery platform that focuses on home essentials and groceries. Read our earlier coverage here and here. It integrates technology and fulfillment capabilities to provide retailers with the services necessary to elevate the consumer experience. Features include e-commerce tools custom-built for online grocery shopping such as product discovery, personalization, merchandising, and different payment models, which are available across Instacart Marketplace and Instacart Enterprise Platform. Its full range of fulfillment options that allow consumers to receive orders within a day are
Rosie CEO Nick Nickitas on leadership: Talk about ‘what we want to achieve together’
Posted May 18, 2021
Nick Nickitas, left, Mike Ryzewic, and Jon Ambrose, founders of Rosie, stand in the P&C Fresh market in Ithaca, the store that kickstarted their company s grocery shopping platform for mobile and web. Rosie launched with support and mentoring from Cornell University s eLab and Rev: Ithaca Startup Works.Cornell University/Lindsay France
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Nick Nickitas is CEO of Rosie, headquartered in Ithaca. Nickitas, Mike Ryzewic, and Jon Ambrose founded the company in 2013.
Rosie’s users on the web or the Rosie app buy groceries for delivery or pickup. The company grew phenomenally through the Covid-19 pandemic and in February raised $10 million in Series A financing led by the Avenue Growth Partners investment firm in Washington. Nickitas expects employment at Rosie to reach 150 this year.