| Type | Private |
| HQ | San Francisco, US |
| Founded | 2011 |
| Size (employees) | 3,225 (est)+4% |
| Website | postmates.com |
Postmates was founded in 2011 and is headquartered in San Francisco, US
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Postmates
Bastian Lehmann
Co-Founder & CEO
Sam Street
Co-Founder
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
Summary Metrics
Founding Date | 2011 |
Postmates total Funding | $578 m |
Postmates latest funding size | $300 m |
Time since last funding | a month ago |
Postmates investors | Slow Ventures, G Squared, Expansion Venture Capital, Matrix Partners, David Wu, Aslanoba Capital, Uncork Capital, Russell Cook, Crosslink Capital, Spark Capital, 137 Ventures, Naval Ravikant, Andy McLoughlin, AngelPad, Paige Craig, EquityZen, Alrai Capital, Founders Fund, Walter Lee, Tiger Global Management, Kevin Durant, Scott Banister, Jack Abraham, Huron River Ventures, Jawed Karim, Russel Simmons, Thomas Korte, Harmony Partners, Tiger Global |
Postmates's latest funding round in September 2018 was reported to be $300 m. In total, Postmates has raised $578 m. Postmates's latest valuation is reported to be $1.2 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 | 1.2b |
- 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 | 369.4k |
Postmates Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Sosh | November 05, 2015 |
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Postmates Online and Social Media Presence
113.55k Twitter followers
Postmates has 113.55k Twitter Followers. The number of followers has increased 1.1% month over month and increased 1.9% quarter over quarter
218.54k Facebook likes
Postmates has 218.54k Facebook Likes. The number of likes has increased 1.2% month over month and increased 2.8% quarter over quarter
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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…
October 19, 2018
Rubio's Delivers New Nationwide Partnership With Postmates
SAN DIEGO AND SAN FRANCISCO, Oct. 19, 2018 /PRNewswire/ -- Postmates and Rubio's® Restaurants announced today that they have partnered to roll out on-demand delivery to all locations nationwide. Rubio's, the brand known for its delicious coastal cuisine and popularizing the fish taco, is...
October 17, 2018
Postmates launches food delivery in 134 new U.S. cities
Homebodies across the U.S. have reason to celebrate. Postmates — the on-demand food delivery service so popular in major cities that it’s a verb now— just launched in 134 new markets. Those 134 new cities mean that Postmates has a presence in 550 cities total across the U.S, including places like Lu…
October 16, 2018
Postmates Launches 134 New Cities -- Now Available To 60 Percent Of US Households
SAN FRANCISCO, Oct. 16, 2018 /PRNewswire/ -- Postmates has experienced unprecedented growth in 2018. In the last few months, the company has launched 130+ cities, announced the company has raised $300M and shared how its Unlimited product has grown more than 300% since its launch in March ...
October 05, 2018
Visa and Stripe team to offer instant deposits to Postmates fleet
Today, Visa announced an agreement with Postmates, the nation’s largest on-demand delivery network,...
October 04, 2018
Postmates Unlimited lowers minimum order size for free delivery
On the heels of a $300 million funding round valued at $1.2 billion, Postmates is making its Unlimited monthly subscription product a bit more economical. Postmates Unlimited, which costs $9.99 per month ( or $7.99 per month paid annually), is lowering its minimum order size from $20 to $15. That me…
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Postmates Blogs
October 22, 2018
Faces of Fleet — Meet John Silva
Faces of Fleet — Meet John SilvaThis is the seventh installment in a 12-part series where we uncover the stories of the people behind your deliveries.John Silva. Future Veterinarian. 3rd Generation L.A. Native. Postmate.John and his family have lived in the Boyle Heights neighborhood of Los Angeles …
October 19, 2018
Postmates x Rubio’s
With winter fast approaching, sometimes you just want to stay inside, turn on the heat, order fish tacos and pretend like its still summer. Today we’ve made that dream a reality. We’re excited to announce that we’ve partnered with Rubio’s, the brand known for its delicious coastal cuisine and popula…
October 16, 2018
Postmates Expands Its FoodFight! Program — Reducing Food Waste in LA
Postmates Expands Its FoodFight! Program — Reducing Food Waste in LAApproximately one year ago today, Postmates launched Civic Labs — a social impact division within Postmates. Focused on developing programs and partnerships to promote food security, local businesses, and foster community engagement…
October 16, 2018
Postmates Launches 134 New Cities — Now Available to 60% of US Households
Postmates Launches 134 New Cities — Now Available to 60% of US HouseholdsAs the O.G. of on-demand, we are committed to being the most reliable on-demand anything network. Today, we’re expanding that commitment to 134 new cities— meaning we now cover 60% of the US! Our mission has always been to supp…
October 16, 2018
Introducing: The Receipt — Starring Kyle Kuzma of the LA Lakers
Introducing: The Receipt — Starring Kyle Kuzma of the LA LakersIf you’ve ever wondered what to say when you bump into your celebrity crush, consider this: Postmates is something we all have in common. Over the next few weeks, some of your favorite people on Postmates will pull back the curtain and g…
October 12, 2018
Postmates x Subway
Over the lifetime of Postmates, we’ve delivered 43 miles of subs from Subway® restaurants. That’s 221,000 pounds of sandwiches, five and a half football fields or three times the length of Manhattan. No question, that’s a lot of subs delivered by Postmates.Today, we’re excited to announce that we’ve…
Postmates Company Life and Culture
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