Series A · Consumer

Instagram raises $7 million Series A

Capital for a mobile app built around sharing photos and social connections.

Instagram raised $7 million in a Series A round led by Benchmark in February 2011.

The product made it easier for smartphone users to share photos with friends. It turned mobile photography into a social experience, bringing an audience together around the images people created.

Use of funds

engineering team expansion

mobile and web platform development

Funding history

Series A · This round$7M
Seed$500K

Sources

  1. Original Instagram Series A completed financing reporttechcrunch.com · Feb 2, 2011
  2. Official Instagram product identity and founderssequoiacap.com