OverviewSuggest Edit
Postmates is a company developing an urban logistics and on-demand delivery platform. It enables users to ship items within the city for same-day delivery. The platform connects customers with local couriers, who can deliver goods from various stores or restaurants. Postmates empowers communities to shop local with no waiting and businesses through Postmates API to offer delivery.
| Type | Private | |
| Founded | 2011 | |
| HQ | San Francisco, US | Map |
| Website | postmates.com | |
| Employee Ratings | More | |
| Culture score | C- | More |
Recent NewsAll News
Key People/Management at Postmates
Bastian Lehmann
Co-Founder & CEO
Sam Street
Co-Founder
Sean Plaice
Co-Founder
Ken Kocienda
Principal Software Engineer
Postmates Office Locations
Postmates has offices in San Francisco, Bellevue, Nashville, New York and in 1 other location
San Francisco, US (HQ)
201 3rd St #200, San Francisco
Bellevue, US
Bellevue, WA, USA
Nashville, US
Nashville, TN, USA
New York, US
New York, NY, USA
San Francisco, US
101 Market St, San Francisco
Postmates Financials and Metrics
Summary Metrics
Founding Date | 2011 |
Postmates total Funding | $903 m |
Postmates latest funding size | $225 m |
Time since last funding | 8 months ago |
Postmates investors | Uncork Capital, Founders Fund, 137 Ventures, BlackRock, Scott Banister, Spark Capital, General Catalyst, Naval Ravikant, Huron River Ventures, AngelPad, Matrix Partners, Crosslink Capital, Expansion Venture Capital, Andy McLoughlin, Slow Ventures, Jack Abraham, EquityZen, Tiger Global Management, Glynn Capital Management, David Wu, Paige Craig, Harmony Partners, Jawed Karim, Entree Capital, Thomas Korte, Aslanoba Capital, Alrai Capital, Kevin Durant, Kenneth Ballenegger, GPI Capital, Walter Lee, Russel Simmons, Russell Cook, G Squared, Phil Quist, Manhattan Venture Partners, Decacorn Capital |
Postmates's latest funding round in September 2019 was reported to be $225 m. In total, Postmates has raised $903 m. Postmates's latest valuation is reported to be $2.4 b.
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) | 1.0b |
Revenue growth (Y, 2017 - Y, 2018), % | 74.7% |
Gross profit (Y, 2018) | 298.2m |
Gross profit margin (Y, 2018), % | 28.7% |
EBIT (Y, 2018) | 14.3m |
Market valuation | 2.4b |
- Source: Techcrunch
| USD | Y, 2014 | Y, 2015 | Y, 2016 | Y, 2017 | Y, 2018 |
|---|---|---|---|---|---|
Revenue | 8.6m | 55.4m | 249.6m | 594.2m | 1.0b |
Revenue growth, % | 544% | 351% | 138% | 75% | |
Cost of goods sold | 7.6m | 44.2m | 189.0m | 429.8m | 739.9m |
Gross profit | 1.0m | 11.3m | 60.6m | 164.4m | 298.2m |
- Source: Techcrunch
| USD | Y, 2018 |
|---|---|
Revenue/Employee | 357.4k |
Postmates Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Sosh | November 05, 2015 |
Postmates Online and Social Media Presence
142.42k Twitter followers
Postmates has 142.42k Twitter Followers. The number of followers has increased 0.6% month over month and increased 2.6% quarter over quarter
Postmates's Trends
Twitter Engagement Stats for @postmates
15.4k
Tweets
328
Following
142.4k
Followers
68
Tweets last 30 days
43.5
Avg. likes per Tweet
92.6%
Tweets with engagement
Postmates Company Culture
Overall Culture
C-
62/100
CEO Rating
C-
64/100
Compensation
D+
56/100
Diversity
D
56/100
Postmates News and Updates
December 06, 2016
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…
April 14, 2020
Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic
GrubHub, DoorDash, Postmates and Uber Eats were sued on Monday for allegedly exploiting their dominance in restaurant meal deliveries to impose fees that consumers ultimately bear through higher menu prices, including during the coronavirus pandemic.
March 27, 2020
New York's top court rules Postmates drivers are employees
New York state's highest court on
Thursday ruled that drivers for online food delivery service
Postmates Inc were employees eligible for unemployment
insurance, which the state's attorney general called a win for
gig economy workers.
March 19, 2020
How to cancel your Postmates Unlimited subscription on a computer or mobile device
You can cancel Postmates Unlimited on the mobile app on your iPhone or Android or on the Postmates website on your computer.
If you cancel and you've already paid for the month, however, you won't receive a refund but can continue to use your subscription until the month is up.
Visit Business Ins…
March 17, 2020
How to use the Postmates delivery app, and what you can order through it
Postmates is a delivery app, like Uber Eats and GrubHub, that allows you to order food from your phone and have it delivered to your door.
Postmates was among the first apps of its kind, and they deliver more than just food.
If you're a frequent Postmates customer and want to avoid delivery costs,…
March 10, 2020
Postmates reveals plans to cover medical costs for couriers as part of COVID-19 response
Postmates said that it will be creating a fund to cover the costs for doctor appointments and medical expenses related to the COVID-19 outbreak for its delivery fleet, and, for merchants, Postmates will waive commission fees for stores in impacted markets. The goal, the company said, is to give smal…
Postmates Blogs
May 14, 2020
Postmates Applaud Senate Introduction to Protect Gig Workers With Portable Safety Net
Postmates Applauds Senate Introduction to Protect Gig Workers With Portable Safety Net“Postmates has long called for a more comprehensive approach to protecting and empowering independent workers, and the COVID-19 crisis has made it all the more clear that the independent workers who keep our econom…
May 09, 2020
Happy Mother’s Day To Our Moms
Here at Postmates, we recognize that moms have the best and hardest jobs in the world, and they deserve a special day to be celebrated.During this pandemic, being a mother and a parent has not been the easiest task. The hardship encountered by many families is prevalent in our community, and with th…
May 08, 2020
#BeKind: Marshmello, Halsey and Postmates Donate Tips to the Fleet
Marshmello and Halsey released their new single “Be Kind” last week and we’ve been listening to it non-stop.This chart-topping singer/songwriter and EDM superstar don’t stop at creating hit songs together — they also want to make the world a better place and encourage everyone to #BeKindxx.Now more …
May 05, 2020
Postmates + GivingTuesday
Postmates has always been uniquely positioned to help move food to people who need it. In 2019 we scaled the power of our product through our Civic Labs program, FoodFight! The program helps rescue excess food from Postmates partner restaurants and deliver it immediately to local shelters in over 60…
May 04, 2020
How To Make Mendocino Farms Curried Couscous
These days, we’re all spending a lot of time at home, finding ourselves searching for the creature comforts of our regular lives. In an effort to get a little bit of normalcy back into the mix, we’ve created a series in which we partner up with all your favorite restaurants, bringing you delicious r…
May 04, 2020
Subway® and Postmates are Feeding Thousands of Nurses for National Nurses Week
To honor incredible nurses during National Nurses Week, we are teaming up with Subway® Restaurants to give customers the power to make a difference and help feed healthcare workers fighting on the frontlines of the COVID-19 outbreak. Now through May 10, Subway will donate a 6-inch sub to healthcare …
Postmates Frequently Asked Questions
When was Postmates founded?
Postmates was founded in 2011.
Who are Postmates key executives?
Postmates's key executives are Bastian Lehmann, Sam Street and Sean Plaice.
How many employees does Postmates have?
Postmates has 5,515 employees.
What is Postmates revenue?
Latest Postmates annual revenue is $1 b.
What is Postmates revenue per employee?
Latest Postmates revenue per employee is $188.2 k.
Who are Postmates competitors?
Competitors of Postmates include Caviar, Freshly and DoorDash.
Where is Postmates headquarters?
Postmates headquarters is located at 201 3rd St #200, San Francisco, San Francisco.
Where are Postmates offices?
Postmates has offices in San Francisco, Bellevue, Nashville, New York and in 1 other location.
How many offices does Postmates have?
Postmates has 6 offices.
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