DoorDash Picks Up Another $100 Million at Nearly $13 Billion Valuation

DoorDash Inc.’s $2 billion war chest is getting even bigger. The food delivery startup, backed by the likes of SoftBank Group Corp. and Sequoia Capital, is receiving a new cash infusion of $100 million, according to a person familiar with the matter. 

The investment comes on top of a $600 million funding round the company announced in May led by Darsana Capital Partners. The additional $100 million comes from accounts advised by T. Rowe Price Group Inc., a first-time DoorDash investor, and is part of the same funding round, said the person, who asked not to be identified discussing private information.