OverviewSuggest Edit
Postmates is an urban logistics and on-demand delivery platform that allows users to ship any item within the city for same-day delivery. The Company's platform connects customers with local couriers, who can deliver goods from any store or restaurant in minutes. 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 |
Recent NewsAll News
- Global On-Demand Delivery Software Market, Top key players are Instacart, Shipt, Burpy, FreshDirect , EAT Club, ezCaters, Fooda, Uber Eats, Postmates, Grubhub, Swiggy, Zomato, DoorDash, Seamless
- $1.85 Billion Delivery App Postmates Has Filed to Go Public
- Postmates Files for Initial Public Offering. Could Deliver More Than $1.85 Billion Valuation
- The Wall Street Journal: Delivery startup Postmates confidentially files for IPO
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 San Francisco, 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 | $678 m |
Postmates latest funding size | $100 m |
Time since last funding | a month ago |
Postmates investors | Slow Ventures, G Squared, Expansion Venture Capital, Matrix Partners, David Wu, BlackRock, Aslanoba Capital, Uncork Capital, Russell Cook, Crosslink Capital, Spark Capital, 137 Ventures, Naval Ravikant, Andy McLoughlin, EquityZen, Alrai Capital, Founders Fund, Tiger Global Management, Walter Lee, Kevin Durant, Scott Banister, Jack Abraham, Huron River Ventures, Jawed Karim, Russel Simmons, Thomas Korte, Harmony Partners, Glynn Capital Management, Tiger Global, AngelPad, Paige Craig |
Postmates's latest funding round in January 2019 was reported to be $100 m. In total, Postmates has raised $678 m. Postmates's latest valuation is reported to be $1.9 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 | 1.9b |
- 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
| Acquired Company | Date | Deal Size |
|---|---|---|
| Sosh | November 05, 2015 |
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Postmates Online and Social Media Presence
121.66k Twitter followers
Postmates has 121.66k Twitter Followers. The number of followers has increased 1.9% month over month and increased 5.6% 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 $141 million in a funding round that Bastian Lehmann, its chief executive, described as “super, super difficult.” The fresh capital brought Postmates’ va…
February 12, 2019
Global On-Demand Delivery Software Market, Top key players are Instacart, Shipt, Burpy, FreshDirect , EAT Club, ezCaters, Fooda, Uber Eats, Postmates, Grubhub, Swiggy, Zomato, DoorDash, Seamless
According to this study, over the next five years the On-Demand Delivery Software market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2025, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key com…
February 08, 2019
$1.85 Billion Delivery App Postmates Has Filed to Go Public
Beloved by celebrities like Post Malone and Kylie Jenner, the food delivery service has raised a total of $700 million in venture capital to date.
February 07, 2019
Postmates Files for Initial Public Offering. Could Deliver More Than $1.85 Billion Valuation
in 2018, the food-delivery company said it can reach more than 70% of U.S. households.
February 07, 2019
The Wall Street Journal: Delivery startup Postmates confidentially files for IPO
Delivery company Postmates Inc. has filed confidentially for an initial public offering, the company said Thursday.
February 07, 2019
Food-delivery company Postmates files paperwork to go public
On-demand delivery company Postmates has confidentially submitted draft paperwork with the Securities and Exchange Commission (SEC) to go public, it said Feb. 7. Postmates joins…
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Postmates Blogs
February 11, 2019
EXCLUSIVELY ON POSTMATES: Live Like a King for Just $3
Who doesn’t love a great deal? For the next two weeks, Burger King has teamed up with Postmates to offer its King Box for $3 off exclusively on Postmates.What’s better than getting a Whopper, fries, drink, and cookies from Burger King delivered? How about all of that for just $3?! That’s right, if y…
February 11, 2019
EXCLUSIVELY ON POSTMATES: Live Like a King for Just $3
Who doesn’t love a great deal? For the next two weeks, Burger King has teamed up with Postmates to offer its King Box for $3 off exclusively on Postmates.What’s better than getting a Whopper, fries, drink, and cookies from Burger King delivered? How about all of that for just $3?! That’s right, if y…
February 06, 2019
We Get It
Lorem IpsumWe Get It was originally published in Postmates on Medium, where people are continuing the conversation by highlighting and responding to this story.
February 01, 2019
Get a Bowl. We’ll Make It Super.
Just in time for game day, Postmates and Chipotle are offering the nation free extras all week long. Just order any burrito bowl and get all of the extras — guacamole, extra protein, queso for free. We know that you want to add that guac, in fact, almost half of all Chipotle orders do.Plus, for ever…
January 31, 2019
Faces of Fleet — Meet Olive Hui
Faces of Fleet — Meet Olive HuiYou’d be hard pressed to find a word better than magnetic to describe New York City-based Olive.On one hand, this self-described “artprenuer” is likely the coolest person you’ll speak to all week. But on the other hand, she’s so damn relatable. For instance, she too ha…
January 30, 2019
The Receipt: Kylie Jenner
Between being an entrepreneur, TV personality, and full-time mother, how does Kylie Cosmetics founder and Keeping Up with the Kardashians star Kylie Jenner balance it all? She counts on Postmates 365 days out of the year because she knows “we get it.”In the fourth edition of our celebrity spotlight …
Postmates Company Life and Culture
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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 3,747 employees.
What is Postmates revenue?
Latest Postmates annual revenue is $1 b.
What is Postmates revenue per employee?
Latest Postmates revenue per employee is $277 k.
Who are Postmates competitors?
Competitors of Postmates include Instacart, Delivery Hero and HelloFresh.
Where is Postmates headquarters?
Postmates headquarters is located at 201 3rd Street, Suite 200, San Francisco.
Where are Postmates offices?
Postmates has offices in San Francisco, Jersey City, Kansas City, Albuquerque and in 29 other locations.
How many offices does Postmates have?
Postmates has 33 offices.