Postman joined the Unicorn Club on June 11, 2020 after raising a $150 million Series C funding round led by Insight Partners, valuing the company at $2 billion. Headquartered in San Francisco, California, United States, Postman provides a platform for API design, testing, and management. The platform enables API prototyping, documentation, demonstration, testing, and self-service consumption, helping teams collaborate and maintain visibility across API workflows.
Keep reading to learn how Postman became a leader in API management solutions.
What Is Postman and What Does It Do?
Founded in 2014, Postman develops a platform for API development and collaboration. Its tools support API design, prototyping, testing, documentation, and demonstration, allowing teams to collect feedback early and streamline workflows. Postman also enables organization of API collections into shared workspaces, providing real-time visibility into API changes and promoting efficient self-service API consumption across engineering teams.
How Much Funding Has Postman Raised?
1. Seed Round
- Amount Raised: $5 million
- Date: 2015
- Lead Investors: Bond Capital
- Purpose: Launch API development platform, hire engineering team, and expand product offerings
2. Series A Round
- Amount Raised: $12 million
- Date: 2016
- Lead Investors: Coatue
- Purpose: Expand product capabilities, enhance collaboration features, and scale user base
3. Series B Round
- Amount Raised: $67 million
- Date: 2018
- Lead Investors: Bond Capital, Coatue
- Purpose: Grow engineering team, enhance testing and documentation tools, and increase enterprise adoption
4. Series C Round
- Amount Raised: $150 million
- Date: June 11, 2020
- Lead Investors: Insight Partners
- Purpose: Scale platform globally, expand enterprise features, and grow API ecosystem
5. Series D Round
- Amount Raised: $225 million
- Date: August 18, 2021
- Lead Investors: Insight Partners, Coatue
- Purpose: Accelerate platform innovation, expand enterprise adoption, and enhance global operations
Total Funding Raised: $434 million
Latest Funding Date: August 18, 2021
Latest Known Valuation: $5.6 billion
Key Investors
- Insight Partners
- Details: Growth-stage investment firm backing technology companies
- Focus Areas: SaaS, API management, and enterprise software
- Bond Capital
- Details: Venture capital firm investing in early and growth-stage technology startups
- Focus Areas: Developer tools, SaaS, and enterprise platforms
- Coatue
- Details: Investment firm focused on technology and internet companies
- Focus Areas: SaaS, API tools, and high-growth technology ventures
Where Is Postman’s Headquarters?
Postman is headquartered in San Francisco, California, United States, supporting engineering, product development, and operations for its API management platform.
What’s Next for Postman?
Postman plans to expand its API management and collaboration platform globally, enhance testing, documentation, and developer tools, and grow enterprise adoption. The company aims to provide organizations with robust, self-service API capabilities for efficient and scalable software development.
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