POSTMAN CASE STUDY
POSTMAN CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR
Co-Founder(from left): Abhinav Asthana, Abhijit Kane, and Amkit Sobti
POSTMAN BUSINESS MODEL
Postman is a web-based platform that allows businesses and developers to design, develop, and manage Application Programming Interfaces.
STORY BEHIND THE IDEA POSTMAN
Abhinav Asthana, the CEO, and Co-founder of Postman built the platform primarily to solve this for himself and found that it worked well enough. He then decided to put it up on Chrome Web Store as an open-source REST client, and the app quickly gained popularity.
This gave him and his co-founders the necessary push to take postman up full time. Abhinav officially set up Postman in October 2014 with Abhijit Kane and Ankit Sobti and launched Postman as a product in November 2015.
FUNDING
Postman Total Funding: $208M
In May 2015, It achieves $1M in Seed Round led by Nexus.
In Oct 2016, It achieves $7M in Series A led by Nexus.
In Jun 2019, It achieves $50M in Series B led by Nexus, Charles River Ventures.
In Jun 2020, It achieves $150M in Series C led by Insight Partners, Nexus, Charles River Ventures.
ESTIMATED ANNUAL REVENUE
$2.6M
INVESTORS
Nexus, Insight Partners, Charles River Ventures
COMPETITORS
Runscope, 3scale, Apiary, Apimetrics
DISCOVER
FOUNDED: 2014
FOUNDERS: Abhijit Kane, Abhinav Asthana, Ankit Sobti.
HEADQUARTERS: San Francisco, California.
ESTIMATED ANNUAL REVENUE: $2.6M
Industry Sector: Application Software
EMPLOYEES: 250+
DEVELOPERS: 11M
COMPANIES: 500,000
API: 250M
CATEGORIES
API Platform
API Clint
Automated Testing
Design & Mock
Documentation
Monitors
Version Control
Workspaces
API Visualizer
Thanks for reading
POSTMAN CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR
Visit-: BusiAffairs