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Corporate

Nov. 3, 2016

Postmates raises $140M with counsel from Wilson

The cash infusion reportedly pegs the San Francisco-based delivery company's valuation at $600 million.

By Banks Albach
Daily Journal Staff Writer

Postmates Inc., a San Francisco-based personal delivery startup, has landed a $140 million financing round with legal counsel from Wilson Sonsini Goodrich & Rosati PC.

Partner Yoichiro "Yokum" Taku and his Palo Alto-based team handled the financing, which was led by Founders Fund. The San Francisco fund also led Postmates' $5 million Series A round in early 2013.

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