Postmates Receives $140,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1691c438-4b08-4883-9f20-2def3848b133 - 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
