Side-by-side comparison of AI visibility scores, market position, and capabilities
NASDAQ: CART grocery marketplace at $3.22B FY2024 revenue with 1,400+ retailers and $1B+ Carrot Ads business; Caper Cart AI smart cart competing with DoorDash and Walmart+ for online grocery and CPG advertising.
Instacart (Maplebear Inc.) is a San Francisco-based grocery technology company — listed on NASDAQ (NASDAQ: CART) following its September 2023 IPO at a $9.9 billion valuation — operating the largest US online grocery marketplace with partnerships with 1,400+ retailers and 85,000+ stores (Kroger, Costco, Albertsons, Publix, Aldi, Whole Foods), 600,000+ shoppers who fulfill same-day delivery and pickup orders, and advertising technology (Instacart Ads) that enables consumer packaged goods brands to reach shoppers at the moment of purchase intent. Instacart generated $3.22 billion in total revenue in fiscal year 2024 (+11% year-over-year) and is developing Caper Cart (AI-powered smart shopping cart technology with integrated computer vision scanning), Carrot Ads (retail media network for CPG brands), and Instacart Platform (white-label grocery e-commerce infrastructure) as its technology expansion beyond the core marketplace. Founded in 2012 by Apoorva Mehta, who famously ordered beer as the first Instacart delivery to test the service.
Kraft Heinz (KHC) reported $25.9B in FY2024 revenue. Major food company formed in 2015 merger. ~36,000 employees. HQ: Chicago, IL. Brands: Heinz, Kraft, Velveeta, Oscar Mayer.
The Kraft Heinz Company is one of the world's largest food and beverage companies, created through the 2015 merger of Kraft Foods Group and H.J. Heinz Company, engineered by Berkshire Hathaway (Warren Buffett) and 3G Capital. Headquartered in Chicago, Illinois, the company reported net revenues of approximately $25.9B in FY2024 with approximately 36,000 employees operating in 40+ countries.
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