DoorDash Raises $400M in Funding, Nearly Doubling Its Value
Last week, food delivery startup DoorDash announced it had raised $400 million in a funding round co-led by Temasek Holdings and Dragoneer Investment Group. Additional funders were raised from existing investors Softbank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital and Y Combinator. In August 2018, DoorDash was valued at $4 billion. With this Series F funding, DoorDash was valued at $7.1 billion, nearly double its value six months ago.
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