Postmates was founded in 2012 and is headquartered in San Francisco, US
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Key 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 Orange, Chicago, Pittsburgh, Columbus and in 16 other locations
San Francisco, US (HQ)
690 5th St
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Postmates Financials and Metrics
Summary Metrics
Founding Date | 2012 |
Total Funding | $278 m |
Latest funding size | $140 m |
Time since last funding | 2 years ago |
Investors | Slow Ventures, Expansion Venture Capital, Kevin Durant, Matrix Partners, Scott Banister, Jack Abraham, Huron River Ventures, Aslanoba Capital, Uncork Capital, Crosslink Capital, Spark Capital, Harmony Partners, AngelPad, EquityZen, Alrai Capital, Founders Fund, Tiger Global Management |
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 $751 m.
Postmates Financials
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 b |
Revenue growth (Y, 2017 - Y, 2018), % | 74.7% |
Gross profit (Y, 2018) | 298.2 m |
Gross profit margin (Y, 2018), % | 28.7% |
EBIT (Y, 2018) | 14.3 m |
Market valuation | 751 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 |
- Source: Techcrunch
| USD | Y, 2018 |
|---|---|
Revenue/Employee | 398.5 k |
Postmates Operating Metrics
Show all operating metricsPostmates Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Sosh (53) | November 05, 2015 |
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Postmates Online and Social Media Presence
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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…
June 11, 2018
Ford Is Working on a Self-Driving Delivery Service with Postmates
The automaker plans to get self-driving delivery cars on the street as early as 2021.
June 11, 2018
Ford: Postmates self-driving delivery pilot is a ‘significant stride’ toward deployment
In a blog post, Ford shed light on its self-driving delivery partnership with Postmates in Miami, Florida.
June 11, 2018
Ford tests autonomous on-demand delivery with Postmates
Ford is teaming up with startup Postmates to pilot test autonomous on-demand delivery in Miami and Miami Beach, Fla. The pilot program includes 70 businesses like Coyo Taco Ford is also testing vehicle designs with multiple lockers in order to be able to serve more than one customer per delivery rou…
May 23, 2018
Thanks to Binges and Benders, Postmates Knows the True You
A team of data scientists at the anything-goes delivery company revealed our collective whims, whether it’s scarfing brisket, stockpiling sex toys, or splurging on caviar.
May 22, 2018
Postmates removes an “edgy” new ad that people found ageist
One of the company’s ads goes for an ironically macabre tone and ends up alienating non-millennial New Yorkers.
What: A new campaign that didn’t provoke the exact intended reaction.Read Full Story
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