Food delivery company DoorDash is considering listing on the public markets though a direct listing as opposed to a traditional initial public offering, sources told Bloomberg Tuesday. 

The company, which has not been profitable yet, would avoid some of the scrutiny that comes with a publicized IPO, but the company would miss out on the money raised by issuing new shares. 

DoorDash has not filed any paperwork with the necessary U.S. regulators, according to Tuesday's report, but the company is confident that it will be able to raise the money it will not get through a traditional IPO listing. 

DoorDash recently secured a $100 million investment from T. Rowe Price and has reportedly talked with banks about arranging a credit facility of about $400 million. All told, DoorDash has raised about $2 billion from an investment group that includes SoftBank and Sequoia Capital at a most recent valuation of nearly $13 billion. 

Silicon Valley tech companies have increasingly resorted to direct listings thanks in part to the abundance of funds available to them in the private  market. 

Spotify Technology (SPOT) - Get Report and Slack Technologies (WORK) - Get Report have been two tech companies to rely on direct listings in in the past 24 months.