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Postmates

Postmates

Postmates is a food delivery service company operating a network of couriers for local goods delivery.

Postmates is a company that works as a food delivery service company in America. It is owned by Uber and offers local delivery of prepared meals and other goods. Postmates's service uses mobile phone applications to matches consumer orders.

Postmates has the mission to allow anyone to have anything delivered on demand. Postmates is transforming the way goods move around cities via its revolutionary Urban Logistics platform that connects customers to local couriers who can deliver anything from their favorite restaurant or retailer in minutes.

Postmates was launched by Bastian Lehmann, Sean Plaice, and Sam Street in 2011. When Postmates was launched, it marketed itself as the new Craigslist. Buyers in San Francisco could have anything delivered in two to four hours. It was targeted primarily at small businesses, and took a few years to pivot to consumers.

In the middle of the coronavirus pandemic by mid 2020, where there was higher demand for services delivering items, Postmates made it known it was delivering a selection of non-contact delivery options for its customers. The company encouraged customers to complain if their delivery driver seemed sick when delivering.

Timeline

July 6, 2020
Uber Technologies Inc. reaches an agreement with Postmates Inc. to acquire the on-demand delivery company for about $2.65 billion in an all-stock transaction.
May 6, 2019
Postmates and Pei Wei Asian Kitchen launches on-demand delivery with free delivery.
April 15, 2019
Postmates and POPEYES launches on demand delivery.

Postmates and POPEYES® announces they've partnered to bring their delicious fried chicken direct to your door.

February 2014
Postmates raises a $16,000,000 series B round from Crosslink Capital, Matrix Partners and Spark Capital.
May 1, 2011
Postmates raises a $750,000 seed round from Andy McLoughlin, AngelPad, Matrix Partners, Naval Ravikant, Russel Simmons, Russell Cook, Thomas Korte and Walter Lee.

Funding rounds

People

Name
Role
LinkedIn

A. Katrina Belda

Employee

Aabhas Sharma

Employee

Aaron Batalion

Investor

Adam Mosseri

Investor

Adam Pearsall

Investor

Adam Schwartz

Investor

Alex Moskalyuk

Investor

Ali Kashani, Ph.D.

Employee

Andre Moore

Employee

Andrew Mager

Employee

Andrew McCollum

Investor

Andrew Perry

Employee

Andrew Rider

Employee

Andy McLoughlin

Investor

AngelList Consumer Fund Manager

Investor

April Conyers

Employee

Ario Jafarzadeh

Employee

Arlene Enero

Employee

Ashish Aggarwal

Employee

Ashlie Gudmundsen

Employee

Aspiration Growth Opportunities II, LP

Investor

Avi Eyal

Investor

Bastian Lehmann

Founder

Ben Davenport

Investor

Ben Silver

Investor

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Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Stride Health
May 26, 2021
www.prnewswire.com:443
/PRNewswire/ -- Stride Health, the leading Portable Benefits platform for independent contractors, announced its participation in the "Gig Workers' Week of...
Sean Hollister
February 19, 2021
The Verge
Uber, Lyft, DoorDash, Instacart, and Postmates spent over $200 million campaigning for the most expensive ballot measure in California history to avoid classifying workers as employees. They suggested prices wouldn't go up, but now every one of them is hiking the price anyway.
Proactive Talent
February 9, 2021
www.prnewswire.com:443
/PRNewswire/ -- The uncertainty caused by the COVID-19 pandemic has not stunted the growth of the agile recruitment processing outsourcing company Proactive...
Kim Lyons
January 24, 2021
The Verge
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates' infrastructure within its Uber Eats segment. Uber acquired Postmates in July for $2.65 billion.
Nancy Luna and Maddy Simpson
January 19, 2021
Business Insider
An analysis of Postmates salaries reveals they are competitive with Google and Amazon when it comes to paying tech-level engineers.
Postmates
December 21, 2020
www.prnewswire.com:443
/PRNewswire/ -- Postmates and Zaxby's are teaming up to deliver fresh, prepared-to-order Chicken FingerzTM, Zalads and wings from participating Zaxby's...
Tanya Dua
December 7, 2020
Business Insider
These up and comers are taking advertising in-house, reaching consumers in new ways, and more.
Postmates
November 24, 2020
www.prnewswire.com:443
/PRNewswire/ -- As the US prepares to celebrate Thanksgiving this year, Postmates has partnered with NFL greats Aaron Rodgers and Jerry Rice to give back to...
Christine Hall
July 6, 2020
Crunchbase News
The deal will marry Uber's Rides and Eats platform with Postmates' U.S. delivery business, which Uber called "highly complementary to Uber Eats."
Anthony Ha
July 6, 2020
TechCrunch
You may have noticed that The Daily Crunch is publishing about six hours later than usual. Do not be alarmed! We decided that sending the newsletter later in the day was a better fit for the TechCrunch news cycle -- hopefully, there will be fewer days when we hit Publish and then groan when we see [...]
Mike Isaac and Erin Griffith
July 6, 2020
www.nytimes.com
The ride-hailing company's core business has struggled in the pandemic, and it is betting on growth of its Uber Eats division.
Reuters
June 30, 2020
@bsindia
Postmates is alternatively exploring various paths to go public
Mike Isaac and Erin Griffith
June 30, 2020
www.nytimes.com
The ride-hailing company has been trying to expand its food-delivery business to compensate for the collapse of its main business.
Aarian Marshall
May 29, 2020
Wired
With dining rooms closed, more people are using Uber Eats, Grubhub, and DoorDash. But the services face a challenge to satisfy both consumers and restaurants.
Kirsten Korosec
May 17, 2020
TechCrunch
COVID-19 knocked the wheels off the economy, but one nascent tech job not only kept rolling, it picked up speed. Teleoperations -- or more specifically, teleops for autonomous delivery robots -- is still a niche job within an industry that has yet to dive into the deep end of the commercialization pool. However, the job, [...]
Jonathan Stempel
April 14, 2020
U.S.
GrubHub, DoorDash, Postmates and Uber Eats were sued on Monday for allegedly exploiting their dominance in restaurant meal deliveries to impose fees that consumers ultimately bear through higher menu prices, including during the coronavirus pandemic.
Chris Kirkham
March 25, 2020
IN
On his delivery route through Orange County, California, Joseph Alvarado made 153 stops one day last week for Amazon.com Inc, touching the inside and outside of his van, more than 225 packages, and dozens of customers' doors and gates.
Arielle Pardes
March 11, 2020
Wired
People are being encouraged to stay home to avoid exposure to the coronavirus. Should they ask others to bring them food?
Johana Bhuiyan
March 7, 2020
Los Angeles Times
Sen. Mark Warner (D-Va.) is asking gig economy companies including Uber, Lyft, Postmates, Grubhub and Instacart to alleviate some of the potential financial burden the contractors working for these platforms may face during the ongoing coronavirus outbreak.
Reuters
February 11, 2020
www.nytimes.com
Uber and Postmates were denied an injunction while they fight, in court, new rules that treat their contractors as full employees.
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References

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