Instacart shared Friday that Ravi Gupta, partner at Sequoia Capital, has joined the company’s board of directors. The news comes in the wake of the food delivery platform’s initial public offering.
Gupta is a technology executive with more than 20 years of experience in business operations and finance. He brings an understanding of Instacart’s business, having served as the company’s CFO from 2015 to 2019, and COO from 2016 to 2019.
“In addition to being a world-class operator and strategist, Ravi is also uniquely attuned to Instacart’s business, with a deep understanding of the company’s business model, economics, partnerships, and vision,” said Fidji Simo, CEO and chair of Instacart, in a statement. “With Ravi, we’re gaining a highly respected leader and financial mind, as well as someone steeped in experience with Instacart and the broader grocery industry. His perspective will be invaluable as we chart our next chapter as a public company and continue to drive value for our partners, customers, shoppers, and shareholders.”
As partner at Sequoia, Gupta focuses on consumer, internet, and fintech investments. He is a director of Acelerate, Meter, and Noom, and works closely with companies including Faire, Fireblocks, and Remote, among others.
“It’s been a pleasure to witness Instacart continue to accelerate over the last couple of years, and I’m thrilled to partner more closely with this exceptional leadership team and the company in my new capacity as a board member,” said Gupta in a statement. “Instacart has built a strong, durable business while maintaining a deep commitment to its partners and its mission of giving everyone access to the food they love.”
Instacart’s board of directors also includes Instacart CEO and Chair Fidji Simo; Barry McCarthy, president and CEO of Peloton; Daniel Sundheim, founder and CIO of D1 Capital Partners; Frank Slootman, chairman and CEO of Snowflake; Michael Moritz, senior advisor to Sequoia Heritage; Jeff Jordan, general partner at Andreessen Horowitz; Meredith Kopit Levien, president and CEO of The New York Times Company; and Lily Sarafan, co-founder and executive chair of TheKey.
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