DoorDash raises $250 mln more at $4 bln valuation


San Francisco-based DoorDash, which operates an on-demand restaurant delivery service, announced that it raised $250 million in a growth round co-led by Coatue Management and DST Global. The company, founded in 2013, has now raised about $1 billion in funding. DoorDash said in a blog post that it’s been a breakout year for the, with 250 percent year-over-year growth and a near doubling of its footprint since January to more than 1,000 cities in the United States and Canada.

Source: Press release