DoorDash Raises $40M, led by Kleiner Perkins Caufield & Byers

We’re thrilled to announce that we’ve raised $40 million in Series B funding. Kleiner Perkins led the round, with participation from existing investors Sequoia Capital, Khosla Ventures, and Charles River Ventures.

As part of the financing, John Doerr will be joining our Board, alongside Alfred Lin, and the founders. John’s vision and ambition to make a dent in the world, matched by his experience of having served on the Boards of companies like Google and Amazon from their beginnings, makes him an ideal partner for our current stage of growth at DoorDash.

As a company, we’ve grown up quickly. It’s hard to believe that less than 2 years ago, DoorDash launched to the public. Since then, we’ve expanded into 8 markets across the country, delivered millions of meals, and partnered with thousands of merchants and dashers, our incredible fleet of drivers and bicyclists.

While today marks another milestone in DoorDash’s story, it feels still like the beginning. Our vision is to build an on-demand marketplace for local merchants that will facilitate commerce in every local economy. After all, it’s not as if local business owners opened their stores because they are passionate about delivery. We will build the last mile platform to help bring their inventory to the masses. This round of funding will help accelerate our march across the country and invest further in the logistics technology that will scale our platform beyond food.

If any of this sounds exciting, come join the fun!