DoorDash Raises $17.3 Million From Sequoia To Expand Its On-Demand Delivery Service - TechCrunch Art


DoorDash has raised a $17.3 million Series A round of funding. Sequoia Capital led the round. Previous investors Khosla Ventures, Charles River Ventures, Pejman Mar Ventures, and Ted Zagat also participated. Along with the funding, Sequoia partner Alfred Lin is joining the board alongside founders Stanley Tang, Andy Fang, and Tony Xu.

Even though DoorDash is mainly operating in just Palo Alto, Mountain View, and San Jose today, they have much greater ambitions.

“We don’t consider ourselves a food-delivery company, but a tech and logistics company that just happens to deal in food,” co-founder Stanley Tang says. “We’re building out the technology and infrastructure to become a super reliant and efficient delivery network.”

Click here to read the full article:

http://techcrunch.com/2014/05/22/doordash-17-3m-sequoia/


Recent Posts

See All

Reshaping the Role of the CFO

According to a recent survey, conducted in two parts, by Grant Thornton LLP, the current pandemic has forced chief financial officers (CFOs) to become “change agents” and “strategists” — while still o

U.S. Confidence in Economy Starts to Rebound

In the second quarter of 2020, U.S. Chief Financial Officers (CFOs) said they were more optimistic about the financial prospects of their companies and the direction of the U.S. economy compared with

(415) 562-4490