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New Deal


Announced

Completed

Insight Partners led a $150m Series C round in Postman at a $2bn valuation.

Financials

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Transaction Value£119m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

United States

Friendly

developer tools

software developer

API platfom

Software

Venture Capital

saas

Private Equity

Single Bidder

Private

Minority

Cross Border

Synopsis

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Venture capital firm Insight Partners led a $150m Series C round in Postman, an API development platform. The round saw investment from existing investors CRV and Nexus Venture Partners. “Modern-day commerce is driven by API-connected, cloud-based software, and Postman is in the absolute vanguard of companies driving faster and more effective development of solutions across a multitude of industries. The combination of the market opportunity, the management team, and Postman’s proven track record of success shows that they are ready to become the software industry’s next great success,” Jeff Horing, Insight Partners Co-Founder and Managing Director.

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