API platform for developers
Offering share price
🔥 25 March
Postman is an API development platform, used by more than 20 million developers and 500,000 organisations.
In 2022, revenue run rate grew 97.5% to $102.7m. Postman is now used by 98% of the Fortune500.
In August 2021, raised $225m Series D at $5.6bn valuation ($17.54 per share).
Raised $433m of funding including from Insight Partners, Nexus Venture Partners, Coatue and CRV.
November 2015 - $7m at $28m valuation
April 2019 - $50m at $360m valuation
May 2020 - $150m at $2bn valuation
August 2021 - $225m at $5.6bn valuation
Postman is an API development environment, used by more than 20 million developers and more than 500,000 organizations worldwide. The company offers a platform for developers or enterprises to build, test, and debug their APIs. Postman claims to enable API-first development, automated testing, and developer onboarding.
Postman makes money via a freemium model (which is increasingly common in the SaaS world), with three paid plans: Team, Business, and Enterprise. All these plans are subscription-based, so the users are charged monthly recurring fees.
Postman was founded in 2014 and is headquartered in San Francisco and has an additional office in Bangalore. Notable investors include Insight Partners, Nexus Venture Partners, and CRV.
Tokenized shares can be traded OTC (over-the-counter) on the Tokenfolio platform
Sources: Crunchbase, GetLatka, Postman. Note: information publicly reported. When not reported by the company or any of its representatives, information may not have been verified by Tokenfolio