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.
TypePrivate
Founded2011
HQSan Francisco, US
Websitepostmates.com
Employee Ratings2.7
Culture scoreC-

Latest Updates

Employees (est.) (May 2020)5,515(+3%)
Job Openings57
Revenue (Y, 2018)$1 B(+75%)

Key People/Management at Postmates

Bastian Lehmann

Bastian Lehmann

Co-Founder & CEO
Sam Street

Sam Street

Co-Founder
Sean Plaice

Sean Plaice

Co-Founder
Ken Kocienda

Ken Kocienda

Principal Software Engineer
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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
Show all (6)

Postmates Financials and Metrics

Summary Metrics

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.
View all funding rounds

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
USDY, 2014Y, 2015Y, 2016Y, 2017Y, 2018

Revenue

8.6m55.4m249.6m594.2m1.0b

Revenue growth, %

544%351%138%75%

Cost of goods sold

7.6m44.2m189.0m429.8m739.9m

Gross profit

1.0m11.3m60.6m164.4m298.2m
USDY, 2018

Revenue/Employee

357.4k
Show all financial metrics

Postmates Operating Metrics

Oct, 2016Jan, 2017Sep, 2017Apr, 2018Jul, 2018Sep, 2018Y, 2019

Drivers

100 k150 k170 k

Monthly Shipments

1.50 m2 m2.50 m3 m5 m

New Restaurants

300

States

50
Show all operating metrics

Postmates Acquisitions / Subsidiaries

Company NameDateDeal Size
SoshNovember 05, 2015

Postmates Online and Social Media Presence

Embed Graph

Postmates Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C-

    64/100

  • Compensation

    D+

    56/100

  • Diversity

    D

    56/100

Learn more on Comparably

Postmates News and Updates

pinned

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…

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.

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.

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…

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,…

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…
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Postmates Blogs

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…

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…

#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 …

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…

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…

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 …
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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.