Postman

Postman

Cloud-native platform for API creation and management

Founded

2014

Headquarters

Bengaluru (India)

Status

Series D

Company Details

Website

Socials

Email

Phone

N/A

Postman is the world’s leading cloud-based API development and management platform. The company has redefined API-first software development, offering a comprehensive suite of tools for the entire API lifecycle, including automated testing, documentation, monitoring, governance and collaboration.  Its robust SaaS model, enterprise focus, and commitment to innovation and community have driven rapid growth, a $5.6 billion valuation, and recognition as a top SaaS company worldwide. Postman’s end-to-end API lifecycle tools, marketplace and collaborative ecosystem set it apart in the rapidly expanding API economy

Core Products & Services

  • API Platform: End-to-end tools for API design, testing, documentation, mocking, monitoring and version control.

  • Workspaces: Personal, team, partner and public workspaces for seamless collaboration across internal and external teams.

  • API Repository: Centralized hub for storing, cataloging and managing all API artifacts, including specifications, documentation and test cases.

  • Postman Flows: A low-code tool for building API workflows, integrations and automations collaboratively.

Unique Value Proposition

  • Comprehensive API Lifecycle Management: One platform for every stage of API development, from design to deployment.

  • Collaboration at Scale: Real-time, cross-team collaboration for faster, higher-quality API delivery.

  • Freemium to Enterprise: Accessible to individual developers and scalable for global enterprises.

  • Open Ecosystem: Marketplace for API collections, integrations and developer resources.

Business Model & Revenue Streams

  1. Subscription Plans: Tiered SaaS subscriptions (Free, Basic, Professional, Enterprise) for individuals, teams and large organizations, offering progressively advanced features and support.

  2. Enterprise Licenses: Custom, high-value contracts for organizations requiring advanced security, governance and collaboration tools.

  3. Marketplace Commissions: Revenue share from the sale of API collections, integrations, and other resources in the Postman marketplace.

  4. Training & Certification: Paid training programs and certifications for developers and teams to upskill on API best practices.

  5. Custom Solutions: Tailored API solutions and professional services for enterprise clients with unique requirements.

Customer Segmentation

  • B2D (Developers): Individual developers and small teams leveraging the free and basic plans.

  • B2B/Enterprise: Startups, SMBs, and large enterprises (including nearly all Fortune 500 companies) using advanced and enterprise features.

  • Industry Verticals: Technology, finance, healthcare, retail, manufacturing and more.

Growth Strategy

  • Global Expansion: Offices and customer base spanning North America, Europe, Asia-Pacific and beyond.

  • Product Innovation: Continuous investment in AI, automation and collaboration features (e.g., Postman v11, Flows).

  • Acquisitions: Strategic acquisitions (Akita, Orbit) to strengthen observability and community capabilities.

  • Community & Ecosystem: Developer events (Postman Galaxy), educational resources and the Public API Network to drive engagement and adoption.

  • Strategic Partnerships: Integrations with leading DevOps, cloud and software vendors to extend platform reach.

Key People

Abhinav Asthana

Ankit Sobti

Abhijit Kane

Key Metrics

Total Equity Funding

$434 Million

No. of Funding Rounds

5

Latest Funding Round

$225 Million, Series D

as of August 18, 2021

Post Money Valuation

$5.6 Billion

as of August 19, 2021

Funding Multiple

12.9

as of August 19, 2021

Investors

Nexus Venture Partners

and 2 more

Employee Count

3014

Similar Companies

Requestly

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
August 18, 2021Series D$225 Million$5.6 Billion Insight Partners, CRV, Nexus Venture Partners, Coatue, Battery Ventures, Bond Capital
June 11, 2020Series C$150 Million$2 Billion-- Insight Partners, CRV, Nexus Venture Partners
June 19, 2019 Series B$50 Million--- CRV, Nexus Venture Partners
October 13, 2016Series A$7 Million---Nexus Venture Partners
May 26, 2015Seed$1 Million--- Nexus Venture Partners

Recent News