About Postmates
Postmates is a company based in San Francisco (United States) founded in 2011 by Baastian Lehmann was acquired by Uber in July 2020. Postmates has raised $902.75 million across 9 funding rounds from investors including Uber, BlackRock and GPI Capital. Postmates has completed 2 acquisitions, including Hey and Sosh SF. Postmates offers products and services including Food Delivery Service, Grocery Delivery, and Alcohol Delivery. Postmates operates in a competitive market with competitors including DoorDash, Thrive Market, Instacart, Grubhub and Wonder, among others.
- Headquarter San Francisco, United States
- Founders Baastian Lehmann
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
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Phone
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Website
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Social
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- Legal Name Postmates, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$902.75 M (USD)
in 9 rounds
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Latest Funding Round
$225 M (USD), Series G
Sep 19, 2019
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Investors
Uber
& 20 more
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Employee Count
Not available
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Investments & Acquisitions
Hey
& 1 more
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Acquired by
Uber
(Jul 05, 2020)
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Products & Services of Postmates
Postmates offers a comprehensive portfolio of products and services, including Food Delivery Service, Grocery Delivery, and Alcohol Delivery.
App for ordering and delivering food items on demand.
Service for on-demand delivery of groceries and essentials.
Platform for ordering and delivering alcohol beverages quickly.
People of Postmates
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Software Development Team
245 people
Product Management Team
84 people
Sales and Marketing
72 people
Leadership Team
63 people
Data Analysis and Operations Team
51 people
Senior Team
45 people
Finance and Accounting
41 people
Operations Team
26 people
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Funding Insights of Postmates
Postmates has successfully raised a total of $902.75M across 9 strategic funding rounds. The most recent funding activity was a Series G round of $225 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Postmates
Postmates has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Uber, BlackRock and GPI Capital.
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GPI Capital is engaged in non-control growth equity investments.
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Venture and private equity investments are managed with global diversification.
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Investments are directed toward early and late-stage tech companies.
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Investor details for Postmates
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- Investor locations
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Investments & Acquisitions by Postmates
Postmates has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hey and Sosh SF.
Investment portfolio details for Postmates
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Self-publishing of personal journals is facilitated with automatic memory tracking.
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Local activities and tours are booked via an app-based platform.
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Complete acquisition details for Postmates
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Financial Statements - Postmates
Detailed financials for Postmates
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- Profit trends
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Postmates Comparisons
Peer comparison for Postmates
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- Named peers
- Headcount comparison
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Competitors of Postmates
Postmates operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DoorDash, Thrive Market, Instacart, Grubhub and Wonder, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Food and grocery deliveries are facilitated through an app-based platform.
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Organic groceries are offered through an online membership platform.
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Online marketplace platform offering multi-category grocery products
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Online platform offering food ordering and delivery services
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Food ordering and delivery are facilitated via an online platform.
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Detailed competitors of Postmates
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Postmates
Complete news archive for Postmates
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Postmates
Postmates was founded in 2011.
Postmates is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Baastian Lehmann is the current CEO of Postmates. They have also founded this company.
Postmates is a funded company, having raised a total of $902.75M across 9 funding rounds to date.
Founded in 2011 in San Francisco, United States, Postmates operates as an online platform in the on-demand delivery sector. Services include bookings for pickups and deliveries of groceries, food, beverages, household items, and other essentials within local areas. The platform supports hyperlocal logistics, connecting users with couriers for efficient, short-distance fulfillment across urban regions.
Postmates's top competitors include DoorDash, Thrive Market and Instacart.
Postmates offers Food Delivery Service, Grocery Delivery, and Alcohol Delivery.
Postmates has 21 investors. Key investors include Uber, BlackRock, GPI Capital, Tiger Global, and Glynn Capital.
The valuation of Postmates is $450M as of Jun 2015.