DoorDash Raises $250 Million Nearly Tripling Its Valuation
Skift Take
DoorDash is on fire. There's lots of room to grow in the delivery market — remember, nearly half of delivery orders are still placed over the phone — but its new technology, strong chain partnerships, and influx of cash are teeing it up as a force to be reckoned with in the space.
Not quite six months after announcing a half-billion dollar round of funding, DoorDash announced another $250 million raise. This puts the company's valuation at $4 billion, up from $1.4 billion in March.
“DoorDash is gaining market share faster than anyone in the space,” said DoorDash CEO and co-founder, Tony
