Postmates has received $100M in venture funding, as the online food delivery space -- including Uber Eats, DoorDash and others -- becomes more crowded.
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Postmates is an online delivery platform that connects customers with local couriers who can deliver anything from any store or restaurant. The company is headquartered in San Francisco, CA and was founded in 2011 by Sam Street, Sean Plaice, and Bastian Lehmann. Postmates provides merchants the ability to join the platform as partners, which provides them with the benefit of greater exposure through the application, while Postmates benefits from increased order volume. As of December 2018, Postmates is available in 550 cities throughout the United States with one international presence in Mexico City and has over 25,000 merchant partners, contributing to 3 million monthly deliveries.
Postmates has received $100M in venture funding, as the online food delivery space -- including Uber Eats, DoorDash and others -- becomes more crowded.
Postmates has closed $100 million in a funding round that will raise the San Francisco-based delivery company's valuation to $1.85 billion.
Just in the nick of time.
On-demand delivery service Postmates recently introduced Serve, an autonomous delivery vehicle. Serve is the “first robotic delivery device created from... - Inside Unmanned Systems News Magazine On-demand delivery service Postmates recently introduced Serve, an autonomous delivery vehicle - the “first robotic delivery device created from the ground up by an on-demand delivery company.”
It sometimes seems the food delivery startups are ignoring the rest of the field as they exchange blows.
SAN FRANCISCO, Nov. 15, 2018 /PRNewswire/ -- On the heels of their recent announcement to connect more than 170,000 Postmates to open enrollment resources in...
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