DoorDash, Inc.
Explore DoorDash
Core profile pages, annual revenue records, and related research hubs for this company.
DoorDash, Inc.
Explore DoorDash
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 2013 in San Francisco, California
DoorDash began in 2013 when Tony Xu, Stanley Tang, Andy Fang, and Evan Moore tested PaloAltoDelivery.com around Stanford and Palo Alto. The founders handled early deliveries themselves, learned the operational constraints firsthand, and built the company around market-by-market density rather than a purely software-only approach.
Tony Xu has remained DoorDash's CEO through the IPO, Wolt acquisition, Deliveroo acquisition, and expansion beyond restaurants.
Stanley Tang helped establish the early product and marketplace approach.
Andy Fang helped build the logistics technology and operating culture.
Evan Moore was part of the founding team that tested the restaurant delivery opportunity.
The founders test local restaurant delivery in Palo Alto.
DoorDash introduces a subscription product to drive consumer frequency.
DoorDash becomes a public company.
DoorDash closes the Wolt acquisition, expanding internationally.
DoorDash acquires SevenRooms to add restaurant reservation and CRM software.
DoorDash acquires Deliveroo for $3.724 billion in purchase consideration.
DoorDash reports $935 million in FY2025 net income.
Expanded restaurant selection and delivery presence in key urban markets.
Added a major international local-commerce platform.
Added restaurant reservation, CRM, and marketing software.
Expanded DoorDash's global marketplace footprint.
The company was founded in January 2013 in Palo Alto, California.
It was founded by Tony Xu, Stanley Tang, Andy Fang, and Evan Moore, who were all students at Stanford University at the time.
That was the original name of the prototype. The founders literally put up a fake website with PDF menus from local Palo Alto restaurants. When a customer called, the founders would physically drive to the restaurant, buy the food themselves, and deliver it to prove the concept worked.
In 2013, they were accepted into Y Combinator, the most prestigious startup accelerator in Silicon Valley. Y Combinator gave them massive funding and mentorship, allowing them to rapidly scale the technology and legally change their name to DoorDash.
It caused an absolute, historic explosion in growth. When governments forced restaurants to close their dining rooms in 2020, DoorDash became the absolute lifeline for both consumers and local businesses, propelling the company to a massive $72 billion IPO later that year.