Postmates is an urban logistics and delivery platform that allows users to ship any item within the city for same-day delivery. Company's revolutionary Urban Logistics platform connects customers with local couriers who can deliver anything from any store or restaurant in minutes. It empowers communities to shop local with no waiting, and empower businesses through Postmates API to offer delivery.

Company Growth (employees)
Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
1,765 (est)+10%
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 15 other locations
San Francisco, US (HQ)
690 5th St

Postmates Metrics

Summary Metrics

Postmates's latest funding round in September 2016 was reported to be $140 m. In total, Postmates has raised $278.1 m. Postmates's latest valuation is reported to be $500 m.

Postmates Financial Metrics

Revenue (2018)

$1 b

Revenue growth (2017-18), %

75%

Gross profit

$298.2 m

Gross profit margin (2018), %

29%

Market valuation

$500 m
Postmates's revenue was reported to be $1 b in 2018 which is a 74.7% increase 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%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%

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 Median Salaries

Source: 14 public H-1B filings from Postmates

Postmates Online Presence

Postmates News

Postmates Company Life

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