Postmates Stock
On-Demand Delivery Platform
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About Postmates Stock
This company has been acquired by Uber.
Postmates offers an on-demand delivery service for local goods. The company provides delivery for items, including but not limited to restaurant food, groceries and alcohol. The company aims to connect customers with local couriers who deliver them goods from stores and restaurants.
The company was founded in 2011 by Bastian Lehmann, Sean Plaice, and Sam Street. The company has raised over $900M to date from investors including Tiger Global Management, Spark Capital, and Founders Fund. Postmates is headquartered in San Francisco, California.
Sources: Postmates, Crunchbase
Investors
137 Ventures
Anduril Industries, Gusto, Fair, Postmates, Course Hero, Turo, Planet, Wonolo
AngelPad
BlackRock
Databricks, Rivian, View, Scopely, Relativity Space, Snyk, Jawbone, MessageBird, DataRobot, SambaNova Systems
Founders Fund
Lyft, SpaceX, Spotify, Airbnb, Stripe, Anduril Industries, Flexport, Palantir Technologies, Wish, Compass
Glynn Capital Management
Palantir Technologies, Compass, Dropbox, MessageBird, DataRobot, Bolt Financial, Gusto, Sysdig, Postmates, Domo
GPI Capital
G Squared
Impossible Foods, Bolt, Indigo, 23andMe, Convoy, Fair, Collective Health, Postmates, Blend, Getaround
Manhattan Venture Partners
Flipkart, JUUL, SoFi, Wish, Postmates, Lime, Rent the Runway, Turo, DraftKings, Zocdoc
Tiger Global Management
Flipkart, JUUL, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies
Funding History
October 2018 | $403M |
---|---|
January 2019 | $125M |
October 2019 | $225M |
Management
Co-Founder & Chief Executive Officer
Bastian Lehmann
Co-Founder
Sean Plaice
Co-Founder
Sam Street
Press
Yahoo Finance - Apr, 20 2020
Postmates Adds Childcare Stipend for Struggling Delivery WorkersEngadget - Apr, 14 2020
Postmates now delivers essentials from Walgreens, Duane Reade and 7-ElevenBusiness Insider - Mar, 17 2020
8 restaurants and delivery services now offer contactless delivery to slow the spread of coronavirus — here's how to get itNY Times - Dec, 30 2019
Uber and Postmates File Suit to Block California Freelancer LawForbes - Dec, 26 2019
Lil Jon Teamed Up With Postmates For This New Year’s Tequila Party Packcnbc - Dec, 3 2019
Postmates cuts dozens of jobs and shuts Mexico City office after investors turn on cash-burning businessesreuters - Dec, 2 2019
After Postmates again balks at arbitration fees, workers seek contempt orderWall Streets Journal - Nov, 20 2019
Food-Delivery Services Taxed by Duty Questionreuters - Nov, 19 2019
Beset by arbitration demands, Postmates resorts to class action to settle couriers’ claimsTechCrunch - Oct, 6 2019
Why we’re still waiting on the Postmates S-1news - Oct, 4 2019
Postmates CEO Cites Market Conditions For Delayed IPOWall Streets Journal - Oct, 2 2019
Postmates, DoorDash Want to Deliver Your Groceries, TooWall Streets Journal - Sep, 23 2019
Postmates Rolls Out Robots in Los Angeles as It Preps for IPOTechCrunch - Sep, 19 2019
Readying an IPO, Postmates secures $225M led by private equity firm GPI CapitalForbes - Sep, 6 2019
Postmates Charmed Hollywood. Now The $1.85 Billion Delivery Startup Needs To Win Over Everyone Else.TechCrunch - Aug, 7 2019
Postmates lands first-ever permit to test sidewalk delivery robots in San FranciscoEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase