CART (Maplebear) Moat Score : 3/10 (As of Jul. 03, 2025)

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What is Maplebear Moat Score?

Maplebear has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Maplebear has No Moat: Maplebear Inc lacks significant market leadership and customer switching costs. The company does not possess strong brand strength or durable cost advantages, and there are no significant regulatory barriers or exclusive licenses. Its competitive position is weak, with no discernible moat characteristics.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Maplebear might have No Moat - Very weak/transient advantages.

Competitive Comparison of Maplebear's Moat Score

For the Internet Retail subindustry, Maplebear's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Maplebear's Moat Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's Moat Score distribution charts can be found below:

* The bar in red indicates where Maplebear's Moat Score falls into.

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Maplebear (NAS:CART) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score	Moat Level
10	Wide Moat - Exceptionally dominant and durable wide moat
8 - 9	Wide Moat - Clear and robust wide moat
7	Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6	Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5	Narrow Moat - Solid narrow moat
4	Narrow Moat - Discernible but modest moat
1 - 3	No Moat - Very weak/transient advantages
0	No Moat - No discernible moat

Maplebear Moat Score Related Terms

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Maplebear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maplebear Inc (NAS:CART) » Definitions » Moat Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Beale Street, Suite 600, San Francisco, CA, USA, 94105

Website

https://www.instacart.com

Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The company partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earns fees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has about 8 million monthly active users (or orderers) on its platform.

Executives

Morgan Fong	officer: General Counsel & Secretary	C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Fidji Simo	director, officer: President and CEO	C/O SHOPIFY, INC., 151 O'CONNOR STREET, GROUND FLOOR, OTTAWA Z4 K2P 2L8
Alan Ramsay	officer: Chief Accounting Officer	C/O YELP INC., 140 NEW MONTGOMERY ST., 9TH FLOOR, SAN FRANCISCO CA 94105
Nick Giovanni	officer: Chief Financial Officer	C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Sequoia Capital Global Growth Fund Ii, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc Us (ttgp), Ltd.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xiv (q), L.p.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ravi Gupta	director, 10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Jeffrey D Jordan	director	2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Sequoia Capital Us/e Expansion Fund I, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Grosvenor Capital Management, L.p.	other: See Explanation of Responses	900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm Special Opportunities Master Fund, Ltd.	other: See Explanation of Responses	PO BOX 309 UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
D1 Capital Partners L.p.	director, 10 percent owner, other: See Remarks	9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019
Gcm Grosvenor Inc.	other: See Explanation of Responses	900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Apoorva Mehta	10 percent owner	C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105