DoorDash valued at $16 billion after new funding round

LearnAndBeCurious
Learn and Be Curious
DoorDash valued at $16 billion after new funding round
  • DoorDash has raised $400 million in new equity funding at a $16 billion post-money valuation.
  • Durable Capital Partners led the round, and was joined by Fidelity and return backer T. Rowe Price.
  • Overall, DoorDash had raised around $2 billion from VCs (not including the debt). Its final infusion seemed to be last November, when it snared $700 million at a $13 billion post-money valuation.