Postmates was founded in 2011 by Sam Street, Sean Plaice, and Bastian Lehmann. The company operates a courier service in nearly 3,000 US cities.
What makes Postmates different is that they will deliver almost anything from any store or restaurant to customers. Most couriers only deliver food or paperwork, but Postmates will deliver anything they can get a driver for. The company uses GPS and mobile phone apps to take orders and schedule drivers for delivery.
The company has used outside funding for start-up purposes and most recently received $80 million in Series D funding through Tiger Global Management, Spark Capital, and Slow Ventures.
As of early 2015, the company announced that it had more than 2.5 million successful deliveries and more than 13,000 couriers.
In July 2018, the company stated that it was adding more than 100 new markets to their delivery area.
The company filed for an IPO to go public in early 2019 and raised more than $700 million in early venture capital.
Headquarters for PostMates is located in San Francisco, California.