The Wall Street Journal: DoorDash close to funding deal that would value company at $15 billion pre-infusion

DoorDash Inc. is close to securing new funding that would value the largest U.S. meal-delivery company at more than $ 15 billion before the infusion, as a wave of deal making sweeps over the red-hot industry.

The closely held company plans to sell hundreds of millions of dollars of equity to existing backer T. Rowe Price Group Inc. TROW, -6.82% as well as Fidelity Investments and others, according to people familiar with the matter.

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