Postmates
Postmates
Type | Private |
|---|---|
| Industry | Logistics |
| Founded | May 1, 2011 |
| Headquarters | San Francisco, California, United States |
Area served | Select cities in United States and Mexico |
Key people | Bastian Lehman, Sean Plaice, Vivek Patel, Kristin Schaefer (Management Team); Nabeel Hyatt, Brian Singerman, Scott Banister(Board Members) |
| Products | Mobile app, website |
| Services | Delivery (commerce) |
| Website | postmates.com [18] |
Postmates is an American logistics company that operates a network of couriers who deliver goods locally.
The service is part of a category of businesses that rely on mobile phone applications and their Global Positioning System capabilities to match inventories and consumer demand.[2]
Launched in 2011, Postmates is a part of the on-demand delivery movement in the United States that provides delivery from restaurants and stores that previously did not offer goods delivery.
Type | Private |
|---|---|
| Industry | Logistics |
| Founded | May 1, 2011 |
| Headquarters | San Francisco, California, United States |
Area served | Select cities in United States and Mexico |
Key people | Bastian Lehman, Sean Plaice, Vivek Patel, Kristin Schaefer (Management Team); Nabeel Hyatt, Brian Singerman, Scott Banister(Board Members) |
| Products | Mobile app, website |
| Services | Delivery (commerce) |
| Website | postmates.com [18] |
History
Postmates was founded in 2011 by Bastian Lehmann, Sean Plaice, and Sam Street and is headquartered in San Francisco, California.[3] Postmates was part of Angelpad's first accelerator cohort.[4]
In December 2014, Postmates opened its application programming interface to merchants to allow small businesses to compete for delivery of consumer goods with larger companies such as Amazon.[5][6][7][8] In the same month, the company announced that it had completed its millionth delivery and that it had over 6,000 drivers in its network.[9]
In June 2015, Postmates announced that it had surpassed 2.5 million deliveries across 28 markets and expanded its fleet to 13,000 couriers.[10]
In September 2015, Postmates updated the app, which added the ability to track delivery, gift meals to other, and the estimated delivery time.[11]
In November 2017, Postmates launched service in Mexico City, its first location outside the US. [12]
In 2018, Postmates launched service in 134 new cities in the United States, bringing its total number of cities in the United States up to 550.[13]
On December 13, 2018, Postmates unveiled Serve, its internally developed first-of-its-kind autonomous delivery rover. [14]
In January 2019, Postmates raised $100 million investment by BlackRock together with Spark Capital, Founders Fund, Uncork Capital, and Slow Ventures. Thus, the total valuation of the company reached $1.85 billion.[15]
In May 2019, Postmates made a controversial decision to change its pay structure, removing the minimum guarantee. Many couriers have expressed dissatisfaction with this, and a strike & petition has been organized by Working Washington, urging couriers to refuse jobs on Postmates on June 15, 2019.[16]