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
Sep 19, 2019
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $822.75M across 8 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 19, 2019 | Series G / Private equity TechCrunch | $225M | $2.4B | GPI Capital |
| Jan 2019 | Series F | $100M | $1.85B | BlackRock |
| Sep 18, 2018 | Series E Bloomberg | $300M | $1.2B | Tiger Global Management |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series D
$600M
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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