Postmates has raised an additional $225 million ahead of an initial public offering, reports TechCrunch. GPI Capital led the investment round, which now brings Postmates’ total funding to almost $1 billion.
Postmates filed privately with the SEC for an IPO earlier this year. Sources familiar with the company say it intends to publicly unveil its IPO prospectus this month. Full Story
Related: Postmates Adds Group Ordering; Postmates To Pilot Delivery Devices in San Francisco.
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Postmates Increases Funding Ahead of IPO
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September 20, 2019
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