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In other local funding news, medical device company Concentric Analgesics announced a $76 million Series B funding round on May 22, led by Oracle Investment Management Inc.Īccording to Crunchbase, 'Concentric Analgesics is developing a portfolio of novel, non-opioid therapeutics that provide long-lasting pain relief after a single local administration. The local administrative services industry has seen 27 funding rounds over the past year, securing a total of $2.9 billion in venture funding.

The round brings total funding raised by San Francisco companies in administrative services over the past month to $670 million. The six-year-old company has raised nine previous funding rounds, including a $400 million Series F round earlier this year. Andy Fang, Evan Moore, Stanley Tang, and Tony Xu founded Palo Alto Delivery in June 2013, which became DoorDash, Inc. The company is passionate about transforming local businesses and dedicated to enabling new ways of working, earning and living. The cash infusion was announced May 24 and led by Darsana Capital Partners.Īccording to its Crunchbase profile, 'DoorDash provides on-demand restaurant food delivery services connecting customers with local businesses across the United States and Canada. San Francisco-based food delivery company DoorDash has secured $600 million in Series G funding, according to company database Crunchbase, topping the city’s recent funding headlines.

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