Postmates

Postmates is transforming the way goods move around cities by enabling anyone to have anything delivered on-demand. Our revolutionary Urban Logistics platform connects customers with local couriers who can deliver anything from any store or restaurant in minutes. We empower communities to shop local with no waiting, and empower businesses through our API to offer delivery.
Type
Private
HQ
San Francisco, US
Founded
2012
Employees
1,448 (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/Software Engineer

Postmates Locations

San Francisco, US
Bellevue, US
Chicago, US
New Orleans, US
Tampa, US
Las Vegas, US
Portland, US
San Diego, US
Orange, US
Palo Alto, US
Boston, US
Charlotte, US
Phoenix, US
Atlanta, US
Los Angeles, US
Nashville, US
Austin, US
New York, US
Seattle, US
Dallas, US

Postmates Metrics

Postmates Summary

Founding Date

2012

Market valuation*

$500 M

Total Funding

$278 M

Latest funding size

$140 M

Time since last funding

4 months

Investors

* Source: https://techcrunch.com/2015/06/25/pos...
We estimate that Postmates's latest funding round in September 2016 was $140 M. In total, Postmates has raised $278 M. We estimate that Postmates's latest valuation is $500 M.

Postmates Financials

We estimate that Postmates's revenue is $1.04 B in Y, 2018 which is 74.7% increase from the previous period.
Y, 2014Y, 2015Y, 2016Y, 2017Y, 2018

Revenue

$8.6 M$55.4 M$250 M$594 M$1.04 B

Cost of goods sold

$7.58 M$44.2 M$189 M$430 M$740 M

Gross profit

$1.03 M$11.3 M$60.6 M$164 M$298 M

Gross profit Margin, %

11.9%20.3%24.3%27.7%28.7%

Sales and marketing expense

$1.64 M$4.62 M$10.8 M$19.4 M$31.5 M

R&D expense

$338 K$803 K$1.34 M$2.36 M$3.91 M

General and administrative expense

$2.89 M$4.65 M$5.7 M$7.29 M$9.57 M

Operating expense total

$9.71 M$18.8 M$33.9 M$58.2 M$94.7 M

EBIT

$-15.9 M$-26.2 M$-4.14 M$60.9 M$14.3 M

EBIT margin, %

-185.4%-47.3%-1.7%10.3%1.4%

Postmates Operating Metrics

Y, 2016

Monthly deliveries

1.5 M

Postmates Online Presence

Postmates News

Postmates Company Life

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