Postmates IPO | Food Delivery | Founded: 2011 | Funding to Date: $584,999,986

Postmates, the last-mile delivery service for anything ranging from food to iPhones, is being acquired by Uber for $2.65 billion per a July 2020 press release.

The company was founded in 2011 and has raised over $900 million in Venture Capital funding from investors including GPI Capital, BlackRock, G Squared, 2020 Ventures, Tiger Global Management, Kindred Ventures, Slow Ventures, Spark Capital, Expansion Venture Capital, Crosslink Capital, and Uncork Capital. Most recently, Postmates raised $225 million in September 2019 at a post-money valuation of $2.4 billion.

Latest Insights on Postmates IPO

Date of Last Funding Round Sept 2019
Value at Last Round $2.33 B
Amount of Last Raise $225 MM
Total Funding to Date $585 MM

ENTERPRISE VALUE (based on primary fundings)

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Uber today announced the official completion of its Postmates acquisition deal, which it announced originally back in July. The all-stock deal, valued at around $2.65 billion at the time of its disclosure, sees Postmates join Uber, while continuing to operate as a separate service with its own bran…


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