0 Shares EmailFacebookTwitterLinkedInOn Thursday, popular food delivery platform DoorDash announced it has confidentially filed paperwork with the U.S. Securities and Exchange Commission in its first step toward becoming a publicly traded company.

As of 2017, the SEC has granted smaller, high-growth companies a path to initially file their S-1 registration statements confidently, allowing for regulatory review without immediate exposure to scrutiny from the media and would-be public market investors.

Confidentially filed S-1 documents are made public prior to IPO.

According to Crunchbase data, San Francisco-based DoorDash has raised at least $2.07 billion in equity funding since its inception in 2013.

DoorDash has never released a complete picture of its financials, which will be part of the IPO process. | To read full story, visit https://startuparound.com/read/1582821006.469144/DoorDash-Files-Confidential-S-1-Paperwork-As-It-Seeks-To-Go-Public?ref=audio_experience