# Postmates

**Source:** https://www.startuphub.ai/startups/postmates
**Profile type:** Startup

> An on-demand logistics platform for delivering meals and other goods.

## About

Postmates operated an on-demand logistics platform that facilitated the delivery of restaurant-prepared meals and other goods directly to consumers. It leveraged a network of local couriers, connecting them with customers through its mobile application and website. The company was acquired by Uber in December 2020.

## Key facts

- **Slug:** postmates
- **Website:** https://postmates.com/
- **Location:** San Francisco, United States
- **Founded:** 2011-05-01
- **Operating status:** Active
- **Total funding:** $757M
- **Sectors / tags:** Logistics, Food Delivery, E-commerce, Marketplace, On-demand Delivery
- **Social:**
  - Facebook: https://www.facebook.com/tr

## Frequently asked

### What does Postmates do?

Postmates operated an on-demand logistics platform that facilitated the delivery of restaurant-prepared meals and other goods directly to consumers. It leveraged a network of local couriers, connecting them with customers through its mobile application and website. The company was acquired by Uber in December 2020.

### What is Postmates's revenue?

StartupHub estimates Postmates's annual revenue at $813.6M (range $615.4M to $950.5M, 42% confidence), based on comparable companies in the sector.

### What is Postmates's valuation?

StartupHub estimates Postmates's effective valuation at $2.3B (range $1.8B to $3.1B, 42% confidence), based on comparable companies in the sector.

### How much funding has Postmates raised?

Postmates has raised a total of $757M in funding. The most recent round on record is Series G.

### Where is Postmates headquartered?

Postmates is headquartered in San Francisco, United States.

### When was Postmates founded?

Postmates was founded in 2011.

### What industry does Postmates operate in?

Postmates operates in Logistics, Food Delivery, E-commerce, Marketplace, On-demand Delivery.

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