Postmates is the leading on-demand logistics provider. With more than 20,000 active Postmates, the company operates the largest on-demand delivery fleet in 40 major US metropolitan markets. Postmates overall mission to power local, on-demand logistics focused on fast deliveries from any type of merchant at scale. With collaborations with Starbucks, Chipotle, 7-Eleven, Walgreens and Apple, Postmates is in line with that mission. The company was founded in 2011 by Bastian Lehmann, Sean Plaice and Sam Street. The company has raised $130M to date from investors including Tiger Global Management, Slow Ventures, Spark Capital, Founders Fund, Matrix Partners, Scott Banister, Naval Ravikant, Russell Simmons, Thomas Korte, Shervin Pishevar and David Sacks. For more information, please visit www.postmates.com.
Funding Rounds (9) - $238.01MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Sep, 2016||$100M / Undisclosed||—||Founders Fund||1|
|Jun, 2015||$80M / Series D||—||Tiger Global Management||8|
|May, 2015||undisclosed amount / Non Equity Assistance||—||—||1|
|Feb, 2015||$35M / Series C||—||6|
|Feb, 2014||$16M / Series B||—||Spark Capital||5|
|Mar, 2013||$5M / Series A||—||Founders Fund||6|
|Apr, 2012||$1.2M / Angel||—||—||7|
|May, 2011||$750k / Angel||—||—||10|
|Mar, 2011||$60k / Seed||—||—||1|
Current Team (16)Update
Board Members and Advisors (3)Update
|Sep 13, 2016||Cranes New York - Tech - Home-cooked meal delivery service co-founded by Danny Meyer's oldest daughter launches in Manhattan|
|Sep 6, 2016||TechCrunch - Postmates is raising at least $100 million to fuel its on-demand ambitions|
|Aug 15, 2016||Quartz - Tech - Postmates has failed to make Uber-for-anything cheap, and is quietly misleading customers about it|
|Jul 29, 2016||Business Insider Australia - Grubhub's stock is up 27% after blowing away Wall Street estimates|
|Jul 28, 2016||TechCrunch - Grubhub announces more investments following strong 2Q|
|Jul 27, 2016||Seattle PI - Should you tip the Uber driver? Here's what to give them|
|Jul 22, 2016||TechCrunch - 7-Eleven delivers by drone in Reno including, yes, Slurpees|
|Jul 21, 2016||Boston Tech Flash - Magic Leap leadership open up during panel discussion|
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