Postmates Receives $140,000,000 New Funding

  • Feed Type
  • Date
    11/2/2016
  • Company Name
    Postmates
  • Mailing Address
    475 Valencia St. 2nd Floor San Francisco, CA 94103 USA
  • Company Description
    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.
  • Website
    http://www.postmates.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $140,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new capital will mostly be used to improve engineering and expand to new markets.
  • M&A Terms
  • Venture Investor
    Founders Fund
  • Venture Investor
    Undisclosed

Trending on Xconomy