Food Delivery Startup DoorDash Raises $400M Series H

San Francisco-based food delivery platform DoorDash has secured $400 million in Series H funding at a $16 billion valuation. The round was led by Durable Capital Partners. DoorDash operates in over 4,000 cities across North America and has become the leading food delivery service in the US. The company plans to expand its merchant services and explore new verticals.