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DoorDash Is Raising at Least $500 Million in Funding

  • Startup’s valuation is $13 billion, nearly double 3 months ago
  • Monster round to bankroll continued food delivery expansion
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Photographer: Jewel Samad/AFP via Getty Images

Food delivery juggernaut DoorDash Inc. is raising at least $500 million from investors in a funding round that will likely value the company at about $13 billion, people familiar with the matter told Bloomberg.

The final size of the funding round is still being determined, and could easily exceed $500 million, said the people, who requested anonymity because they were not authorized to discuss the matter publicly.