COMPANY INFO
DoorDash, Inc. is an American company founded in 2013 by Tony Xu, Andy Fang, and Stanley Tang. It operates in the online food ordering and delivery industry with over 23,700 employees as of 2024. The company’s website is doordash.com. DoorDash is a leading local commerce platform that connects consumers with a wide range of neighborhood businesses, offering on-demand delivery from restaurants, convenience stores, and more, while also providing flexible earning opportunities for delivery drivers.
DoorDash, Inc. is a leading American technology company founded in 2013 by Tony Xu, Andy Fang, and Stanley Tang. Operating in the online food ordering and delivery industry, DoorDash connects consumers with local businesses, providing on-demand delivery from restaurants, convenience stores, and more. With a workforce of over 23,700 employees as of 2024, DoorDash empowers local commerce while offering flexible earning opportunities for delivery drivers. The company’s innovative platform is accessible through its website, doordash.com.
DoorDash, Inc. funding history demonstrates a robust trajectory of growth, with the company securing approximately $2.5 billion through 11 funding rounds. These financing milestones span from seed investments in 2013 through substantial late-stage rounds in 2020, funding expansion into new markets, technological innovation, and scaling operational infrastructure. DoorDash’s funding strategy has attracted a diverse group of prominent venture capital firms and institutional investors, positioning the company as a dominant force in food delivery and last-mile logistics. Key moments in DoorDash investors' involvement include major infusions from SoftBank Vision Fund, Sequoia Capital, and T. Rowe Price, reflecting confidence in the company's rapid growth and expansive vision.
The Series H round raised $400 million from Durable Capital Partners, Fidelity Investments, and T. Rowe Price. This latest injection of capital was aimed at further fueling DoorDash's rapid growth, enhancing its market presence, and supporting continued product innovation amidst soaring demand.
This additional $100 million Series G round, led by T. Rowe Price, was used to bolster DoorDash’s expansion efforts and strengthen its competitive standing in an increasingly crowded food delivery market.
In this significant funding event, DoorDash secured $600 million from Sands Capital Ventures, Coatue, Dragoneer Investment Group, DST Global Partners, Temasek, Sequoia Capital, and SoftBank Vision Fund. The funds were dedicated to supporting ongoing growth initiatives, market expansion, and scaling operations across North America and beyond.
DoorDash raised $400 million from leading global investors including GIC Special Investments, SoftBank Vision Fund, Dragoneer Investment Group, Temasek, DST Global Partners, and Coatue Management. This round accelerated DoorDash's unprecedented growth and international reach.
With $250 million raised from Coatue and DST Global Partners, this capital supported DoorDash in accelerating its momentum, deepening market penetration, and research into new business lines.
The $535 million Series D, spearheaded by the SoftBank Vision Fund, Sequoia Capital, GIC, and Wellcome Trust, enabled DoorDash to significantly expand its technological capabilities and broaden its geographic footprint.
This $127 million round, led by Sequoia Capital and supported by Khosla Ventures, Y Combinator, Wellcome Trust, and Kleiner Perkins, focused on advancing DoorDash’s core technology and scaling operations across new regions.
This additional $35 million round, which valued DoorDash at $600 million, aimed to further support fast-paced growth and operational improvements.
DoorDash’s $40 million Series B, featuring investments from Kleiner Perkins, Sequoia Capital, Khosla Ventures, and CRV, targeted enhancement and diversification of service offerings.
The $17.3 million Series A, led by Sequoia Capital, Khosla Ventures, CRV, and Pear VC, was used for launching into new markets and scaling early-stage operations.
Initial seed funding, including $2.4 million from Khosla Ventures and $120,000 from Y Combinator, provided the capital needed for DoorDash's launch and foundational product development.
One of Silicon Valley’s most renowned venture capital firms, Sequoia Capital has backed DoorDash through multiple rounds, actively supporting DoorDash investment and growth strategies with industry expertise and resources vital for scaling technology platforms.
SoftBank Vision Fund joined as a significant late-stage investor, infusing DoorDash with large-scale capital, particularly in Series D and later rounds, enabling accelerated expansion and innovation.
An early believer in DoorDash’s mission, Khosla Ventures provided seed funding and ongoing participation, helping shape DoorDash's venture capital journey from its initial launch to later rounds.
Kleiner Perkins joined Series B, providing strategic guidance and financial support as DoorDash expanded its service offerings and operational infrastructure.
As a follow-on to DoorDash’s initial participation in the Y Combinator accelerator, the YC Continuity Fund remained involved as DoorDash grew, offering continued support and industry connections.
Contributing to mid-stage rounds, Wellcome Trust provided critical growth capital, assisting DoorDash with research and development initiatives.
A key investor in the Series H round, Durable Capital Partners played an essential role in DoorDash funding for market growth and product advancements in 2020.
Fidelity Investments became involved in later stages, particularly Series H, marking major institutional confidence in the company’s trajectory.
Joining in Series G and H, T. Rowe Price provided significant institutional investment to strengthen DoorDash’s market expansion and operational scale.
Participating in major late-stage funding, Sands Capital Ventures’s involvement in DoorDash investors list supported large-scale growth ambitions.
A consistent presence across multiple rounds, Coatue’s investments contributed to DoorDash’s ability to scale quickly, tapping into expansive data and analytics resources.
Joining in the Series F and G rounds, Dragoneer Investment Group provided valuable growth-stage capital to drive international expansion plans.
DST Global Partners was a major participant in Series E, F, and G, championing DoorDash’s global growth and product development.
Temasek’s involvement in Series F and G provided a strategic international perspective, supporting DoorDash’s ventures outside North America.
GIC’s participation in Series D aligned with DoorDash’s ambitions to scale in the U.S. and overseas markets.
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