Doordash continues to prove its viability in today’s food home delivery marketplace by closing out another successful funding round.
Citing “unprecedented growth” over its past three months, Doordash announced a $600 million Series G financing round. This pushes the company’s value to $12.6 billion.
Darsana Capital Partners and Sands Capital join Coatue Management, Dragoneer, DST Global, SoftBank Vision Fund, Sequoia Capital, and Temasek Capital Management in this latest funding round.
Doordash says its business has jumped 60% since its last funding round. It’s year-to-year growth is at 280%, with an annualized GMV of $7.5 billion.
It’s march across the country continues with more than 4,000 cities currently served. Doordash plans to cover the entire country and grow into Canada as well.
“Our commitment to connecting customers to every business on Main Street, from local favorites to nationwide staples, has never been stronger,” DoorDash said in a press statement. “We are grateful to our incredible team for their passion and dedication to providing our customers, merchant partners, and Dasher community with unparalleled experiences and service.”
Doordash is currently working with several restaurants and food merchants to deliver food to their customers, including Denny’s, Chipotle, Wingstop and Walmart. It just struck a deal with Wyndham Hotels and Resorts to bring local dinning to guests more than 3,700 hotels.