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.
Company Growth (employees)
Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
1,617 (est)+8%
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 7 other locations
San Francisco, US
Los Angeles, US
Houston, US
Austin, US
Chicago, US
Miami, US
New York, US
Seattle, US
Nashville, US
Dallas, US
Bellevue, US

Postmates Metrics

Postmates Summary

* 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 $278.1 m. We estimate that Postmates's latest valuation is $500 m.

Postmates Financials

We estimate that Postmates's revenue is $8.6 m in 2014 which is a 84.5% decrease from the previous period.
Y, 2014Y, 2015Y, 2016Y, 2017Y, 2018

Revenue

$8.6 m$55.4 m$249.6 m$594.2 m$1 b

Revenue growth, %

544%350.5%138%74.7%

Cost of goods sold

$7.6 m$44.2 m$189 m$429.8 m$739.9 m

Gross profit

$1 m$11.3 m$60.6 m$164.4 m$298.2 m

Gross profit Margin, %

11.9%20.3%24.3%27.7%28.7%

Sales and marketing expense

$1.6 m$4.6 m$10.8 m$19.4 m$31.5 m

R&D expense

$338 k$803 k$1.3 m$2.4 m$3.9 m

General and administrative expense

$2.9 m$4.7 m$5.7 m$7.3 m$9.6 m

Operating expense total

$9.7 m$18.8 m$33.9 m$58.2 m$94.7 m

EBIT

($15.9 m)($26.2 m)($4.1 m)$60.9 m$14.3 m

EBIT margin, %

(185.4%)(47.3%)(1.7%)10.3%1.4%

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 Online Presence

Postmates News

Postmates Company Life

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