DoorDash is a food delivery platform that connects customers with restaurants and businesses. With a 56% market share, it is the largest food delivery company in the United States. Doordash was founded in 2013 by Andy Fang, Evan Moore, Stanley Tang, and Tony Xu. After graduating from the Y-Combinator accelerators S13 batch, Doordash raised a $2.4 million seed round led by Khosla Ventures in September 2013. Here you can watch founder Tony Xu pitching Doordash at YC Demo Day. One year later, Sequoia Capital led the company's $17.3M Series A round. When Doordash went public via IPO, Sequoia partner Alfred Lin shared the internal investor memo for that investment, which is also included here.
By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, and Softbank. The company is passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. By building the last-mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time. It connects customers with their favorite local and national restaurants in more than 600 cities.
2013 • Early Stage
DoorDash provides restaurant food delivery services connecting customers with local businesses. Andy Fang, Evan Moore, Stanley Tang, and Tony Xu launched the company as PaloAltoDelivery.com in 2013, which became DoorDash, Inc. in October 2014.
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