DoorDash Raises Valuation to Nearly $4 Billion
DoorDash Raises Valuation to Nearly $4 Billion

The food delivery startup pulled in $250 million in the latest round of funding

DoorDash, a food delivery startup in extreme growth mode, announced it has netted $250 million in a new round of funding led by Coatue Management and DST Global, bringing the company’s valuation to nearly $4 billion, according to a TechCrunch article. The news comes just five months after the San Francisco-based company raised $535 million from Japanese company SoftBank Group Corp. DoorDash is making waves in the restaurant industry thanks to its recent partnerships with Wendy’s, IHOP and Boston Market.

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