Retail Media

    Instacart Carrot Ads: white-label retail media technology, pricing model and alternatives

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    Carrot Ads is Instacart's white-label retail media technology. Grocers and delivery apps use it to sell sponsored products, display and video on their own sites, with Instacart's ad tech and CPG advertisers behind them. It ran on more than 240 partner sites in November 2025 (Instacart, 6 November 2025). DoorDash agreed to buy Instacart on 29 October 2026.

    Contents

    At a glance

    Company

    Maplebear Inc., doing business as Instacart (Nasdaq: CART) (DoorDash and Instacart, 29 October 2026)

    Headquarters

    San Francisco, California, US (release dateline, Instacart, 6 November 2025)

    Founded

    Carrot Ads launched 23 March 2022 as part of the Instacart Platform (PR Newswire, 23 March 2022)

    Ownership

    Public company product. DoorDash, Inc. agreed on 29 October 2026 to acquire Instacart for $65.00 a share, an equity value of about $17 billion; closing expected end of 2027 or first half of 2028 (DoorDash and Instacart)

    Product category

    White-label retail media platform with bundled advertiser demand

    What it does

    Puts Instacart's ad formats, ad serving and CPG advertiser demand on a partner's own website and app

    Deployment model

    Managed technology from Instacart, often alongside Instacart's storefront technology for the retailer

    Pricing model

    Published structure, terms n/d: launched with "revenue share models" for retailers (PR Newswire, 23 March 2022)

    Key integrations

    Instacart Ads Manager, so campaigns extend from the Instacart marketplace to partner sites (Instacart, 6 November 2025)

    Publicly named customers

    Hy-Vee, Sprouts, Thrive Market and Uber Eats (named 6 November 2025); Gopuff (22 September 2026); pilots at Schnuck Markets, Good Food Holdings and Plum Market (23 March 2022)

    Standards supported

    MRC accreditation for impressions, clicks, click-through rate and viewable impressions on Carrot Ads partner sites, US and Canada, since 6 November 2025

    Last verified

    9 November 2026

    FieldInstacart Carrot Ads

    Company

    Maplebear Inc., doing business as Instacart (Nasdaq: CART) (DoorDash and Instacart, 29 October 2026)

    Headquarters

    San Francisco, California, US (release dateline, Instacart, 6 November 2025)

    Founded

    Carrot Ads launched 23 March 2022 as part of the Instacart Platform (PR Newswire, 23 March 2022)

    Ownership

    Public company product. DoorDash, Inc. agreed on 29 October 2026 to acquire Instacart for $65.00 a share, an equity value of about $17 billion; closing expected end of 2027 or first half of 2028 (DoorDash and Instacart)

    Product category

    White-label retail media platform with bundled advertiser demand

    What it does

    Puts Instacart's ad formats, ad serving and CPG advertiser demand on a partner's own website and app

    Deployment model

    Managed technology from Instacart, often alongside Instacart's storefront technology for the retailer

    Pricing model

    Published structure, terms n/d: launched with "revenue share models" for retailers (PR Newswire, 23 March 2022)

    Key integrations

    Instacart Ads Manager, so campaigns extend from the Instacart marketplace to partner sites (Instacart, 6 November 2025)

    Publicly named customers

    Hy-Vee, Sprouts, Thrive Market and Uber Eats (named 6 November 2025); Gopuff (22 September 2026); pilots at Schnuck Markets, Good Food Holdings and Plum Market (23 March 2022)

    Standards supported

    MRC accreditation for impressions, clicks, click-through rate and viewable impressions on Carrot Ads partner sites, US and Canada, since 6 November 2025

    Last verified

    9 November 2026

    What it does

    Carrot Ads lets a retailer run retail media on its own storefront without building an ad business from scratch. The retailer gets Instacart's ad formats: sponsored products, display, shoppable display and shoppable video. It also gets Instacart's advertisers. Instacart said in November 2025 that Carrot Ads combines its ad tech, analytics and demand from "over 7,500 CPG advertisers" (company claim, Instacart, 6 November 2025).

    For brands, the appeal is reach without new contracts. A campaign built in Instacart's Ads Manager can extend to Carrot Ads partner sites. Instacart's own marketplace ad business is covered separately at Instacart Ads.

    Partners range from regional grocers to apps. Hy-Vee, Sprouts and Thrive Market are named; so is Uber Eats, which sells grocery sponsored items through Carrot Ads (Uber Advertising has the details). On 22 September 2026 Gopuff said it would use Carrot Ads to power ads on its own US storefront as it joined the Instacart Marketplace (Instacart, 22 September 2026).

    How it works

    4 of 4 rows

    Columns (3)

    23 March 2022

    Carrot Ads launches; pilots with Schnucks, Good Food Holdings, Plum Market

    6 November 2025

    MRC accreditation extended to Carrot Ads; more than 240 partners

    22 September 2026

    Gopuff to run ads on its US storefront with Carrot Ads

    29 October 2026

    DoorDash agrees to acquire Instacart, pending approvals

    23 March 2022

    Event

    Carrot Ads launches; pilots with Schnucks, Good Food Holdings, Plum Market

    6 November 2025

    Event

    MRC accreditation extended to Carrot Ads; more than 240 partners

    Source

    Instacart

    22 September 2026

    Event

    Gopuff to run ads on its US storefront with Carrot Ads

    Source

    Instacart

    29 October 2026

    Event

    DoorDash agrees to acquire Instacart, pending approvals

    Download JSON

    Table by AdSovereign, CC BY 4.0.

    Instacart runs the ad decisioning and reporting; the partner supplies the storefront traffic and product catalogue, often already hosted on Instacart's ecommerce technology. Measurement is the strongest point. Since November 2025 the Media Rating Council's accreditation for impressions, clicks, click-through rate and viewability covers Carrot Ads placements on partner sites, across desktop, mobile web and apps in the US and Canada. That gives brands the same audited metrics on a small grocer's site as on Instacart's marketplace. What MRC accreditation covers, and what it does not, is set out in retail media measurement standards explained.

    Example. A regional grocer with an Instacart-built website switches on Carrot Ads. A cereal brand already running sponsored products on Instacart extends the campaign to the grocer's site from Ads Manager. The grocer earns a share of the ad revenue and reports accredited metrics, without hiring an ad sales team.

    Pricing

    Instacart has not published Carrot Ads rates. At launch it described "new monetization capabilities, including revenue share models" for retailers (PR Newswire, 23 March 2022). A retailer should ask what share it keeps, who owns the advertiser relationship, and whether the terms depend on also using Instacart's storefront or fulfilment. Those answers set your take rate.

    Strengths and limits

    Strengths

    • Demand on day one. Thousands of CPG advertisers already buy Instacart.
    • Accredited metrics. MRC accreditation now extends to partner sites.
    • Low build effort. For grocers already on Instacart's storefront technology, ads are an add-on.
    • Proven at app scale. Uber Eats and Gopuff use it.

    Limits

    • A competitor's platform. Instacart sells groceries to the same shoppers through its own marketplace.
    • Ownership is changing. If the DoorDash deal closes, Carrot Ads will belong to a delivery company that also runs its own ad network, DoorDash Ads. DoorDash says it expects to keep Instacart's "enterprise technology products" (DoorDash and Instacart, 29 October 2026); it says nothing specific about Carrot Ads terms.
    • Opaque terms. Revenue share percentages are not public.
    • Grocery focus. Formats and demand lean heavily toward CPG and food.

    Alternatives

    • Criteo: network demand for grocers, including DoorDash's ad sales.
    • Epsilon Retail Media: grocery-heavy, with identity-based offsite.
    • Koddi: programmatic demand for delivery apps such as Gopuff and Wolt.
    • Kevel: for grocers that want to own the stack.

    How build models differ is set out in Kevel vs Topsort vs Criteo vs Mirakl Ads, and where a retailer-owned service like Carrot Ads fits among eighteen platforms is in retail media network platforms compared. For what mergers like this mean for smaller networks, see retail media consolidation. Hy-Vee's network is profiled at Hy-Vee RedMedia.

    What we could not verify

    • Revenue share percentages and minimum terms.
    • The current partner count. Instacart said 240+ in November 2025; an April 2026 IAB paper co-written by an Instacart scientist cited 310+ grocery ecommerce sites, as reported by PPC Land, 29 October 2026. The two may count different things.
    • Carrot Ads revenue. Instacart reports advertising for the whole company only.
    • Whether Gopuff's Carrot Ads storefront ads are live.
    • Any change to Carrot Ads plans after the DoorDash agreement.

    FAQ

    What is Instacart Carrot Ads?
    It is Instacart's white-label retail media technology for other retailers and apps. Partners show Instacart-powered sponsored products, display and video on their own sites, and brands can extend Instacart campaigns there (Instacart, 6 November 2025).
    How do retailers pay for Carrot Ads?
    Instacart launched it with revenue share models, meaning the retailer and Instacart split ad revenue (PR Newswire, 23 March 2022). The split is not published.
    What does the DoorDash acquisition mean for Carrot Ads?
    Nothing changes yet. DoorDash agreed to buy Instacart on 29 October 2026, with closing expected at the end of 2027 or in the first half of 2028, and the companies operate separately until then (DoorDash and Instacart). DoorDash says more grocers could use Instacart's technology to run their own retail media networks.

    Sources

    1. Instacart, "Instacart Receives Expanded MRC Accreditation for Carrot Ads" (6 November 2025). https://company.instacart.com/pressreleases/instacart-receives-mrc-accreditation-for-carrot-ads
    2. PR Newswire, "Instacart launches Instacart Platform with new advertising, fulfillment and insights solutions for retailers" (23 March 2022). https://www.prnewswire.com/news-releases/instacart-launches-instacart-platform-with-new-advertising-fulfillment-and-insights-solutions-for-retailers-301509373.html
    3. Instacart, "Instacart and Gopuff Announce New, First-of-Its-Kind Partnership in the U.S." (22 September 2026). https://company.instacart.com/pressreleases/instacart-and-gopuff-announce-new-first-of-its-kind-partnership-in-the-u-s-
    4. DoorDash, Inc. and Maplebear Inc., joint press release on the definitive agreement, Exhibit 99.1 (29 October 2026). https://www.sec.gov/Archives/edgar/data/1792789/000114036126041111/ef20084547_ex99-1.htm
    5. PPC Land, "Instacart ad revenue gains 23% to $331m in quarter before DoorDash deal" (29 October 2026). https://ppc.land/instacart-ad-revenue-gains-23-to-331m-in-quarter-before-doordash-deal/
    Changelog
    • 9 November 2026: profile published, reflecting the DoorDash agreement of 29 October 2026.

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