# DoorDash

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/doordash

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.doordash.com
- Total disclosed funding: $2.5B
- Latest round: Series H (Jun 17, 2020)
- Investors on record: 22

## About

Founded in 2013 and based in California, US, DoorDash, Inc.. operates an online platform that provides food delivery solutions for individuals who want to order food from local restaurants. The company also enables businesses to offer delivery services and gain data-driven insights. The company was founded by the CEO Tony Xu and made an Initial Public Offering (IPO) of USD 3.4 billion in December 2019, on the New York Stock Exchange (NYSE), trading under the ticker symbol DASH. In June 2020, DoorDash, Inc. raised USD 400 million in series H funding co-led by investors Durable Capital Partners, Fidelity Investments and T. Rowe Price. As of December 2021, DoorDash has over 8,600 employees. The company currently operates in 4 countries: the US, Canada, Australia, and Japan. In November 2021, the company announced to buy Wolt Enterprises Oy of Helsinki, Finland for USD 8 billion.  DoorDash, Inc. aggregates restaurant information and menus into digital profiles and creates an interface between the establishments, consumers and delivery drivers - referred to as Dashers by the company. Users can browse nearby restaurant menus via the mobile app, choose items, pay through the app and receive home deliveries. Doordash also optimizes the cost of its drivers by allowing them to work at their own convenience by logging onto the app at times of their choosing and paying them a fee per delivery based on how frequently the restaurant is delivered from, and the distance to the customer. DoorDash, Inc. generates revenue by receiving a commission of USD 3 - 5 per delivery from the customers. The company generated USD 2.9 billion in revenue in 2020, and USD 4.9 billion in 2021. The firm plans to expand its retailer-consumer interfacing beyond the scope of nutrition, providing deliveries of leisure, household, and convenience items. The company also plans to further develop its application's algorithms to optimize dasher productivity and also intends to establish 'DashMarts', which would be company-operated convenience stores.

## Funding rounds

- Series H, Jun 17, 2020, $400M — T Rowe Price, Fidelity Investments, Durable Capital Partners
- Series G, Nov 13, 2019, $100M — T Rowe Price, Darsana Capital Partners
- Series G, May 21, 2019, $600M — Hong Shan, Temasek Holdings, Coatue Management, DST Global, Darsana Capital Partners, Dragoneer Investment Group, Sands Capital Alternatives, SB Investment Advisers
- Series F, Feb 21, 2019, $400M — Hong Shan, Temasek Holdings, GIC, Coatue Management, DST Global, Y Combinator, Dragoneer Investment Group, SB Investment Advisers
- Series E, Aug 28, 2018, $250M — Coatue Management, DST Global
- Series D, Mar 15, 2018, $535M — Hong Shan, Wellcome Trust, GIC, SB Investment Advisers
- Series C, Feb 16, 2016, $127M — Kleiner Perkins, Hong Shan, Wellcome Trust, Khosla Ventures, Y Combinator
- Series B, Mar 26, 2015, $45M — CRV, Kleiner Perkins, Hong Shan, Khosla Ventures
- Series A, May 23, 2014, $20M — CRV, Hong Shan, Khosla Ventures, Pear VC
- Seed, Sep 30, 2013, $2.4M — CRV, Khosla Ventures, SV Angel, Ooga Labs, Streamlined Ventures, Pear VC, Teamworthy Group

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed, Series A, Series B
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A, Series B, Series C
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Ooga Labs — Seed
- Streamlined Ventures (https://capitalatlas.ai/funds/streamlined-ventures) — Seed
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Seed, Series A
- Teamworthy Group (https://capitalatlas.ai/funds/teamworthy-group) — Seed
- Hong Shan — Series A, Series B, Series C, Series D, Series F, Series G
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C
- Wellcome Trust — Series C, Series D
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series C, Series F
- GIC — Series D, Series F
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D, Series F, Series G
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series E, Series F, Series G
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series E, Series F, Series G
- Temasek Holdings — Series F, Series G
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series F, Series G
- Darsana Capital Partners (https://capitalatlas.ai/funds/darsana-capital-partners) — Series G
- Sands Capital Alternatives (https://capitalatlas.ai/funds/sands-capital-alternatives) — Series G
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series G, Series H
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series H
- Durable Capital Partners — Series H