Food delivery app DoorDash raises $600M led by Darsana Capital Partners at a $12.6B valuation, just three months after it raised $400M at a $7B valuation
On the heels of our unprecedented growth … TechCrunch : How to avoid an IPO — Hello and welcome back to Equity … Eliot Brown / Wall Street Journal : DoorDash's Valuation Soars to $12.6 billion as Money Rushes Into Delivery Tim Bradshaw / Financial Times : DoorDash raises another $600m at $12bn-plus valuation Tweets: Biz Carson / @bizcarson : Let me put this another way: DoorDash's new $600 million funding round means DoorDash has raised $1 billion in 2019. Half of its total funding, ever. https://www.forbes.com/... Scott Austin / @scottmaustin : DoorDash's valuation, in about one year: March 2018: $1.4 billion August 2018: $4 billion Feb 2019: $7.1 billion May 2019: $12.6 billion ⬆️800% 🙀 https://www.wsj.com/... @wsj : A year ago, food-delivery startup DoorDash was valued by investors at $1.4 billion. Now they are betting it is worth nine times that much. https://www.wsj.com/... Scott Austin / @scottmaustin : At $12.6 billion, DoorDash is now valued higher than Domino's Pizza and at one-third of FedEx https://www.wsj.com/... Mike Dudas / @mdudas : Preferred shares that surely don't reflect a public equivalent market cap. That being said, @DoorDash is growing at an insane pace... https://twitter.com/... Thanks: @lauramandaro