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.

Company Growth (employees)
Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
2,074 (est)+5%
Postmates was founded in 2012 and is headquartered in San Francisco, US

Key People at Postmates

Bastian Lehmann

Bastian Lehmann

CEO / Co-Founder
Sean Plaice

Sean Plaice

Co-Founder
Sam Street

Sam Street

Co-Founder

Postmates Office Locations

Postmates has offices in San Francisco, Bellevue, Dallas, Nashville and in 17 other locations
San Francisco, US (HQ)
690 5th St
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Postmates Data 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.

Postmates Financial Metrics

Postmates's revenue was reported to be $1 b in 2018 which is a 75% increase from the previous period.
USD

Revenue (Y, 2018)

1 b

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

75%

Gross profit (Y, 2018)

298.2 m

Gross profit margin (Y, 2018), %

29%

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

Gross profit Margin, %

12%20%24%28%29%

Sales and marketing expense

1.6 m4.6 m10.8 m19.4 m31.5 m

R&D expense

338 k803 k1.3 m2.4 m3.9 m

General and administrative expense

2.9 m4.7 m5.7 m7.3 m9.6 m

Operating expense total

9.7 m18.8 m33.9 m58.2 m94.7 m

EBIT

(15.9 m)(26.2 m)(4.1 m)60.9 m14.3 m

EBIT margin, %

(185%)(47%)(2%)10%1%

Postmates Operating Metrics

Oct, 2016Jan, 2017

Monthly Shipments

1.5 m2 m

Postmates Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SoshNovember 05, 2015

Postmates Job Categories

Postmates Median Salaries

Source: 14 public H-1B filings from Postmates

Traffic Overview of Postmates

Postmates Online and Social Media Presence

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…

Postmates’ provocative new subway ads are a desperate plea for attention

A woman’s tongue curls around dark, slimy strands dangling in front of her face. Two fingers thrust a piece of salmon between half-open lips. The…

Bella Hadid seems to think Postmates involves going outdoors with a giant plate of deviled eggs

Bella Hadid loves ordering Postmates, and she definitely knows what it is.  The model is the new face of Postmates #sponcon on Instagram, and her post advertising the food delivery service is, uh, a little confusing. Or confused, as it were.  @Postmates is the best! I love ordering food on my…

Postmates now allows drivers to opt out of mandatory arbitration

 In fall 2015, the National Labor Relations Board filed a complaint against delivery service Postmates which challenged the legality of the company’s mandatory arbitration agreement between it and its contractors. In Postmates’ fleet agreement, which contractors must sign as a condition of hire, the…

Postmates promises to fuel your bender in under 25 minutes

After raising $140 million in funding and growing to over 2 million deliveries per month what’s next for on-demand courier Postmates? Getting you drunk, fast. Startups like Drizly and Minibar already offer on-demand alcohol delivery, but Postmates wants to take it a step further. Rather than the “le…

Postmates takes on Drizly with alcohol delivery in 25 minutes or less

 Alcohol is one of the more perfect on-demand delivery items. However, the industry has been so fragmented for so long that it’s nearly impossible for each local liquor store to operate an efficient online purchasing program (plus delivery). Startups like Drizly and Minibar have gotten in on the gam…
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Postmates Company Life and Culture

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