$1.85 billion Postmates has filed to go public


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Postmates, the food delivery application company, has confidentially filed to go public, the company announced Thursday.
The company is working with JPMorgan and Bank of America as its lead underwriters, according to Bloomberg.
Postmates was last valued at $1.85 billion in a $100 million Series F funding round, which the company announced in January.

Postmates, the food delivery application company, is the latest unicorn startup to join the spree of 2019 IPO hopefuls.

The company announced Thursday that it had confidentially filed with the Securities and Exchange Commission. It’s chosen banks JPMorgan and Bank of America as its lead underwriters on the IPO, according to Bloomberg.

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SEE ALSO: What it’s like to be a Postmates delivery guy

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Source:: Business Insider

      

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