Postmates Stock

postmates.com | Transportation | Founded: 2011 | Funding to Date: $360,000,000

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.

ENTERPRISE VALUE (based on primary fundings)

Key Investors
Tiger Global Management
Harmony Partners
Spark Capital
Founders Fund

Learn more about the upcoming Postmates IPO >>

TEAM

Management Team
  • Bastian Lehmann - CEO & Co-Founder
  • Sean Plaice - CTO & Co-Founder
  • Richard Fulton - Director, Engineering
  • Sam Street - Co-Founder
  • Russell Cook - Senior Vice President of Operations
Board Members
  • Cyan Banister - Founders Fund
  • Jean-Francois Clavier - SoftTech VC
  • Lee Fixel - Tiger Global Management
  • Mark Lotke - Harmony Partners
  • Nabeel Hyatt - Spark Capital
  • David Wu - Self
  • Jawed Karim - Self
  • Naval Ravikant - Self

NEWS

Techcrunch

EAT Club, the lunch delivery service that counts companies like Facebook, Postmates and others as customers, has acquired meal delivery service Taro. Financial terms of the deal were not disclosed. Taro’s business model worked by shipping pre-made meals directly to consumers. With the acquisi…

NY Times

As high-profile start-ups like Lyft, Pinterest and Uber prepare to go public, Silicon Valley venture capitalists are using the moment to shine the spotlight on themselves.

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