Tech Company Financing Transactions

Postmates Funding Round

Postmates closed a $300 million investment round on 9/19/2018. Investors included Tiger Global Management and private investors.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

Tiger Global Management (Lead Investor) (Scott Schleifer)

Proceeds Purpose
With this funding, Postmates will expand its selection advantage; broaden coverage to over 70% of U.S. households by the end of the year; unleash new point-of-sale integration technologies; deploy state of the art API tools (offering white-glove delivery services to non-brick and mortar retail partners at scale); scale social impact investments & new workforce development policies; and invest in cutting edge R&D to devise new last-mile mobility solutions.

Company Information

Company Status
Acquired or Merged
Internet & IoT
Mailing Address
201 3rd St. 200
San Francisco, CA 94103
Email Address
Not Recorded
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.
Postmates LinkedIn Company Profile
Social Media
Postmates Company Twitter Account
Company News
Postmates News
Postmates on Facebook
Postmates on YouTube

Management Team

Email & Social
Chief Executive Officer
Bastian Lehmann
  Bastian Lehmann LinkedIn Profile  Bastian Lehmann Twitter Account  Bastian Lehmann News  Bastian Lehmann on Facebook
Sean Plaice
  Sean Plaice LinkedIn Profile  Sean Plaice Twitter Account  Sean Plaice News  Sean Plaice on Facebook
Sam Street
  Sam Street LinkedIn Profile  Sam Street Twitter Account  Sam Street News  Sam Street on Facebook



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