Postmates is an urban logistics and on-demand delivery platform that allows users to ship any item within the city for same-day delivery. The Company's  platform connects customers with local couriers, who can deliver goods from any store or restaurant in minutes. Postmates empowers communities to shop local with no waiting and businesses through Postmates API to offer delivery.

Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
2,808 (est)+3%
Postmates was founded in 2012 and is headquartered in San Francisco, US
Report incorrect company information

Key People/Management at Postmates

Bastian Lehmann

Bastian Lehmann

Co-Founder & CEO
Sam Street

Sam Street

Co-Founder
Sean Plaice

Sean Plaice

Co-Founder

Postmates Office Locations

Postmates has offices in Orange, Chicago, Pittsburgh, Columbus and in 16 other locations
San Francisco, US (HQ)
690 5th St
Show all (20)
Report incorrect company information

Postmates Financials and Metrics

Summary Metrics

Postmates's latest funding round in September 2016 was reported to be $140 m. In total, Postmates has raised $278 m. Postmates's latest valuation is reported to be $751 m.
Show all financial metrics

Postmates Financials

Postmates's revenue was reported to be $1.04 b in Y, 2018 which is a 74.7% increase from the previous period.
USD

Revenue (Y, 2018)

1 b

Revenue growth (Y, 2017 - Y, 2018), %

74.7%

Gross profit (Y, 2018)

298.2 m

Gross profit margin (Y, 2018), %

28.7%

EBIT (Y, 2018)

14.3 m

Market valuation

751 m
USDY, 2014Y, 2015Y, 2016Y, 2017Y, 2018

Revenue

8.6 m55.4 m249.6 m594.2 m1 b

Revenue growth, %

544%351%138%75%

Cost of goods sold

7.6 m44.2 m189 m429.8 m739.9 m

Gross profit

1 m11.3 m60.6 m164.4 m298.2 m
USDY, 2018

Revenue/Employee

398.5 k
Show all financial metrics

Postmates Operating Metrics

Oct, 2016Jan, 2017Sep, 2017Apr, 2018

Drivers

100 k150 k

Monthly Shipments

1.50 m2 m2.50 m
Show all operating metrics

Postmates Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sosh (53)November 05, 2015
Report incorrect company information

Postmates Online and Social Media Presence

Embed Graph
Report incorrect company information

Postmates News and Updates

Leaked Postmates presentation

In a year that was unkind to many food delivery startups, Postmates made out relatively well. The company said in late October that it had secured $141 million in a funding round that Bastian Lehmann, its chief executive, described as “super, super difficult.” The fresh capital brought Postmates’ va…

Ford Is Working on a Self-Driving Delivery Service with Postmates

The automaker plans to get self-driving delivery cars on the street as early as 2021.

Ford: Postmates self-driving delivery pilot is a ‘significant stride’ toward deployment

In a blog post, Ford shed light on its self-driving delivery partnership with Postmates in Miami, Florida.

Ford tests autonomous on-demand delivery with Postmates

Ford is teaming up with startup Postmates to pilot test autonomous on-demand delivery in Miami and Miami Beach, Fla. The pilot program includes 70 businesses like Coyo Taco Ford is also testing vehicle designs with multiple lockers in order to be able to serve more than one customer per delivery rou…

Thanks to Binges and Benders, Postmates Knows the True You

A team of data scientists at the anything-goes delivery company revealed our collective whims, whether it’s scarfing brisket, stockpiling sex toys, or splurging on caviar.

Postmates removes an “edgy” new ad that people found ageist

One of the company’s ads goes for an ironically macabre tone and ends up alienating non-millennial New Yorkers. What: A new campaign that didn’t provoke the exact intended reaction.Read Full Story
Show more
Report incorrect company information