Postmates was an on-demand food and goods delivery platform founded in 2011. The company pioneered 'delivery-as-a-service' and operated across the United States, allowing customers to order food, groceries, and other goods for same-day delivery. Postmates was acquired by Uber in December 2020 for $2.65 billion and gradually integrated into Uber Eats, with the standalone Postmates brand being wound down by 2022.
Postmates has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Total Funding
$822.75M
8 rounds
Latest Valuation
$2.4B
September 19, 2019
Total raised $822.75M across 8 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series G / Private equity
Date
September 19, 2019
Amount
$225M
Valuation
$2.4B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| September 19, 2019 | Series G / Private equity | $225M | $2.4B | GPI Capital |
| January 2019 | Series F | $100M | $1.85B | BlackRock |
| September 18, 2018 | Series E | $300M | $1.2B | Tiger Global Management |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series D
$0.6B
Sep 2016
Postmates today
$2.4B
Sep 2019 · latest mark
Postmates multiple
4.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Bastian Lehmann
Co-Founder & CEO
Sean Plaice
Co-Founder & CTO
Sam Street
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
DoorDash
Leading US food delivery platform with broader geographic coverage and larger merchant network
Uber Eats
Uber's food delivery service; acquirer of Postmates in 2020
Grubhub
Established US food delivery platform; Uber attempted acquisition of Grubhub which was blocked
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