Postmates

company

About

Postmates is an on-demand food delivery platform that gives customers access to restaurants and retailers.

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.20M
Industries
Delivery,Food Delivery,Logistics,Restaurants,Same Day Delivery
Founded date
Mar 1, 2011
Number Of Employee
5001 - 10000
Operating Status
Active
Legal Name
Postmates Inc.

Postmates is an on-demand food delivery platform that gives customers access to restaurants and retailers. The platform gives customers access to the most selection of merchants in the US with more than 600,000 restaurants and retailers available for delivery and pickup, many of which are exclusive to Postmates. The market leader in Los Angeles and markets across the southwest, Postmates covers 80% of US households, across all 50 states. Customers can get free delivery on all merchants by joining Postmates Unlimited, the industry's first subscription service.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
11
$762.95M
Postmates has raised a total of $762.95M in funding over 2 rounds. Their latest funding was raised on Sep 19, 2019 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 19, 2019 Private Equity(PE) $225M 1 GPI Capital Detail
Jan 10, 2019 Series F $100M 7 BlackRock
Glynn Capital Management
Tiger Global Management
Detail
Sep 18, 2018 Series E $300M 1 Tiger Global Management Detail
Dec 8, 2017 Secondary Market 1 Detail
May 20, 2017 Secondary Market Detail

Investors

Number of Lead Investors
Number of Investors
12
40
Postmates is funded by 40 investors. GPI Capital and BlackRock are the most recent investors.
Investor Name Lead Investor Funding Round
GPI Capital Yes Private Equity(PE)
BlackRock Yes Series F
Glynn Capital Management Yes Series F
Tiger Global Management Yes Series F
Harmony Partners Yes Series C
EquityZen Series F
General Global Capital Series F
London Impact Ventures Series F
Manhattan Venture Partners Series F
Aslanoba Capital Series D

Employee Profiles

Number of Employee Profiles
22
Postmates has 22 current employee profiles, including Board observer Mark Lotke
Board observer
Employee
Employee
Employee
Board observer

Acquisition

Postmates has acquired 3 organizations. Their most recent acquisition was Sosh on Nov 5, 2015. They acquired Sosh for 0.

Date Company Name
Industry Acquisition Type Price
Nov 5, 2015 Sosh
Apps acquihire Detail
Jul 18, 2016 Hey! Inc.
Apps acquihire Detail
Jun 10, 2017 Bold
Content acquihire Detail