Company Growth (employees)
Postmates was founded in 2012 and is headquartered in San Francisco, US
Key People at Postmates
Bastian Lehmann
CEO / Co-Founder
Sean Plaice
Co-Founder
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
Postmates Data and Metrics
Summary Metrics
Founding Date | 2012 |
Total Funding | $278 m |
Latest funding size | $140 m |
Time since last funding | 9 months |
Investors | Slow Ventures, Matrix Partners, EquityZen (Investor), David Wu, Aslanoba Capital, Russell Cook, Crosslink Capital, Spark Capital, SoftTech VC, Naval Ravikant, Andy McLoughlin, Alrai Capital, Founders Fund, Tiger Global Management, Walter Lee, Kevin Durant, Huron River Ventures, Russel Simmons, Thomas Korte, Harmony Partners, AngelPad |
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 $500 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 | 500 m |
| $, USD | Y, 2014 | Y, 2015 | Y, 2016 | Y, 2017 | Y, 2018 |
|---|---|---|---|---|---|
Revenue | 8.6 m | 55.4 m | 249.6 m | 594.2 m | 1 b |
Revenue growth, % | 544% | 351% | 138% | 75% | |
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, % | 12% | 20% | 24% | 28% | 29% |
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%) | (47%) | (2%) | 10% | 1% |
- Source: Techcrunch
Postmates Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Sosh | November 05, 2015 |
Postmates Job Categories
Postmates Median Salaries
Source: 14 public H-1B filings from Postmates
