# Apoorva Mehta

> Apoorva Mehta is an Indian-born Canadian-American entrepreneur and engineer who co-founded Instacart in 2012 after experimenting with roughly 20 unsuccessful startup products. He led Instacart as CEO until August 2021, then served as executive chairman before leaving the board when the company went public in September 2023. He now leads Abundance, an AI capital allocation firm.

- **Role:** Founder and CEO at Abundance
- **Organizations:** Abundance, Instacart, Amazon, Qualcomm, BlackBerry
- **From:** Jodhpur, India
- **Nationality:** Canadian-American
- **Education:** BASc in Electrical Engineering, University of Waterloo
- **Known for:** Co-founded and led Instacart from its 2012 launch to a multi-retailer platform operating across the United States and Canada., Forbes 30 Under 30 honoree in 2013; selected for its 30 Under 30 Hall of Fame in 2021., Named to Fortune’s 40 Under 40 list in 2015.

## Career timeline

- **2000** — Moved with his family from Libya to Hamilton, Ontario, Canada.
- **2008** — Graduated from the University of Waterloo and joined Amazon as a supply chain engineer.
- **2010** — Left Amazon and moved to San Francisco to build startup products.
- **2010-2012** — Experimented with roughly 20 unsuccessful products, including a social network for lawyers.
- **2012** — Founded Instacart; joined Y Combinator’s summer batch. Max Mullen and Brandon Leonardo became co-founders.
- **2021-08** — Transitioned from CEO to executive chairman as Fidji Simo became CEO.
- **2023-09** — Left Instacart’s board when the company completed its IPO.
- **2025** — Started Abundance, according to April 2026 Bloomberg reporting.
- **2026-04** — Abundance was publicly reported to have raised $100 million in seed equity financing.

## Achievements

- Co-founded and led Instacart from its 2012 launch to a multi-retailer platform operating across the United States and Canada.
- Forbes 30 Under 30 honoree in 2013; selected for its 30 Under 30 Hall of Fame in 2021.
- Named to Fortune’s 40 Under 40 list in 2015.
- Built a company that completed its Nasdaq IPO in September 2023.

## Latest updates

- **2026-04** — Bloomberg reported that Abundance, started in 2025, had raised $100 million in seed equity financing and was operating some stock-picking strategies solely through AI.
- **2026-09** — A public hiring post sought a Head of Technical Investing for his personal investments, identifying investments in Cognition, SSI, Instinct, Forus and Trajectory; the X mirror dates the post September 15.

## Links

- Website: https://www.apoorvamehta.com/
- LinkedIn: https://www.linkedin.com/in/apoorvamehta
- Twitter/X: https://x.com/apoorva_mehta

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Profile page: https://yespress.io/apoorva-mehta
Published by YesPress — https://yespress.io
Last updated: 2026-10-27