Tech Company Financing Transactions

Postmates Funding Round

Postmates closed a $140 million financing round on 11/2/2016. Backers included Founders Fund and private investors.

Transaction Overview

Company Name
Announced On
11/2/2016
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Undisclosed
Investors

Founders Fund (Lead Investor) (Brian Singerman)

Proceeds Purpose
The new capital will mostly be used to improve engineering and expand to new markets.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
201 3rd St. 200
San Francisco, CA 94103
USA
Email Address
Not Recorded
Overview
Postmates is transforming the way local goods move around a city by enabling anyone to get any product delivered in under one hour. Postmates' revolutionary urban logistics & on-demand delivery platform connects customers with local couriers, who purchase and deliver goods from any restaurant or store in a city.
Profile
Postmates LinkedIn Company Profile
Social Media
Postmates Company Twitter Account
Company News
Postmates News
Facebook
Postmates on Facebook
YouTube
Postmates on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bastian Lehmann
  Bastian Lehmann LinkedIn Profile  Bastian Lehmann Twitter Account  Bastian Lehmann News  Bastian Lehmann on Facebook
Co-Founder
Sean Plaice
  Sean Plaice LinkedIn Profile  Sean Plaice Twitter Account  Sean Plaice News  Sean Plaice on Facebook
Co-Founder
Sam Street
  Sam Street LinkedIn Profile  Sam Street Twitter Account  Sam Street News  Sam Street on Facebook


 

 

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We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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