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
2011
Size (employees)
3,026 (est)+2%
Postmates was founded in 2011 and is headquartered in San Francisco, US
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Key People/Management at Postmates

Bastian Lehmann

Bastian Lehmann

Co-Founder & CEO
Sam Street

Sam Street

Co-Founder
Sean Plaice

Sean Plaice

Co-Founder
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Postmates Office Locations

Postmates has offices in Durham, Jersey City, Kansas City, Albuquerque and in 29 other locations
San Francisco, US (HQ)
201 3rd Street, Suite 200
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Postmates Financials and Metrics

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Postmates Revenue

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

380.2 k
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Postmates Operating Metrics

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

Drivers

100 k150 k170 k

Monthly Shipments

1.50 m2 m2.50 m

New Restaurants

300
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Postmates Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sosh (53)November 05, 2015
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Postmates Online and Social Media Presence

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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…

Instacart taps Postmates to help with deliveries in SF during peak demand

Instacart has tapped Postmates to offer better delivery services during peak hours in a San Francisco pilot. While Instacart will still handle all the shopping for its customers, it will hand off some deliveries to Postmates at times when there is high demand on the Instacart platform. Postmates, ob…

Purpose Is the 5th "P" of Marketing You Absolutely Need

It's better to be deeply loved by some rather than inoffensive to all.

Postmates Just Expanded to 100 More Cities

Almost half the country can now order Chipotle to be delivered to them

Postmates adds another 100+ cities in the US, bringing total to 385

As rumors circle that delivery startups might consider merging to bulk up against larger competitors like Amazon or Uber, the smaller companies also pressing on with expanding on their own. In the latest development, today Postmates said that it would add another 100 cities to its coverage of the US…

Postmates is delivering Chipotle for free this week

The promo comes as the platform adds another 300 Chipotle restaurants to its delivery network. Want a burrito delivered straight to you for the price of—well—a burrito? Postmates is delivering Chipotle for free until July 15. The promo comes as the platform adds another 300 Chipotle restaurants to i…
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Postmates Company Life and Culture

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