Postman surges ahead

Homegrown SaaS startup Postman is now valued at $5.6 billion after it raised $225 million in a Series D round. 


The startup will use the Series D capital to continue to invest in its community of developers across the globe, support students through API literacy programmes, and contribute toward open-source projects to foster the API ecosystem.


Founded in 2014, Postman entered the unicorn club in June 2020 at a valuation of $2 billion after its Series C funding round of $150 million. So far, it has raised more than $430 million across four rounds of funding.


The startup was launched as a side project when Founder and CEO Abhinav Asthana set out to solve the problem of API (application program interface) debugging for himself. 


Today, the platform has more than 17 million users and 500,000 organisations on its platform and claims to be the largest API community in the world.

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Rajdip Gupta, CEO and Founder of Route Mobile, believes that funding and investments are not must-haves for a startup to be successful. What's mandatory? Clear fundamentals and conviction about the products.


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Startup Spotlight

Transforming startup ideas to MVP in 12 weeks


After working for a myriad of IT companies, Naren Lokwani decided to startup on his own. In June 2019, he started an edtech startup Frshr Technologies in Bengaluru. Soon, he realised that a lot of startup founders are non-techies.


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News & Updates






Before you go, stay inspired with… 

Postman Abhinav Astana

Postman Founder & CEO Abhinav Asthana

“We are talking to 11 million developers across the planet, as best as we can, and that’s where our product development process is aligned. People like that, they share it, and we fundamentally come out far ahead, month after month, year after year.”

Abhinav Asthana, Founder and CEO, Postman 



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Link : https://yourstory.com/2021/08/saas-unicorn-postman-surges-ahead-frshr-technologies-route-mobile
Author :- Team YS ( )
August 19, 2021 at 06:00AM
YourStory

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