The SoftBank-backed food delivery app developer is reportedly close to raising new funding at a pre-money valuation in excess of $15bn.

DoorDash, the US-based food delivery service that counts internet and telecommunications group SoftBank as an investor, is near to raising funding at a valuation above $15bn, the Wall Street Journal reported yesterday.

The round will involve the company securing hundreds of millions of dollars and is set to include investment and financial services group Fidelity and investment manager T.Rowe Price, according to people familiar with the matter. The touted valuation will be pre-money.

DoorDash’s online platform enables users in a…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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