Postmates

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)
2,381 (est)+2%
Postmates was founded in 2012 and is headquartered in San Francisco, US

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 San Francisco, Bellevue, Dallas, Nashville and in 17 other locations
San Francisco, US (HQ)
690 5th St
Show all (20)

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.

Postmates Financials

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
USDY, 2018

Revenue/Employee

436 k
Show all financial metrics

Postmates Operating Metrics

Oct, 2016Jan, 2017Sep, 2017

Monthly Shipments

1.5 m2 m2.5 m

Drivers

100 k
Show all operating metrics

Postmates Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SoshNovember 05, 2015

Postmates Median Salaries

Source: 14 public H-1B filings from Postmates

Postmates's Web-traffic and Trends

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…

Ford Partnering With Postmates In Self-Driving Car Sector

Ford has announced a new partnership with the delivery service Postmates centered around the self-driving vehicle sector. Plans call for testing of packaged and goods delivery via self-driving cars to begin later in

A robotics startup called 'Robomart' wants to replace Postmates and Instacart with self-driving grocery stores

Robomart is a self-driving, nearly full autonomous grocery store on wheels. The vehicle will drive fresh produce from the supermarket aisle to customers. Grocery chains can license the platform and the vehicles, which allows them to pocket the delivery fee instead of some on-demand delivery startu…

Ford CEO wants to accelerate automated vehicles with transportation mobility cloud

Ford to launch vehicle-as-a-service platform in 2018 Las Vegas, Nev. — Ford CEO Jim Hackett highlighted opportunities within the transportation sector the company would like to seize upon during a keynote presentation Tuesday at the Consumer Electronics Show (CES). While Ford’s address was short on …

Ford taps Postmates for edge in self-driving delivery race

This post Ford taps Postmates for edge in self-driving delivery race appeared first on CloudTweaks Connected CloudTweaks. Las Vegas (Reuters) – Ford Motor Co on Tuesday said it will partner with delivery service Postmates Inc as the automaker starts testing ways to transport people, food and package…

Why We're One Step Closer to Driverless Cars Delivering Shaving Cream

Postmates and Ford are rolling out a pilot program to test driverless on-demand delivery services, in hopes of deploying a commercial operation sometime in the future.
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Postmates Company Life and Culture

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