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New Deal


Announced

Completed

Insight Partners led a $225m Series D funding round in Postman.

Financials

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Transaction Value£163m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Software

API platfom

United States

software developer

saas

developer tools

Minority

Completed

Private

Cross Border

Friendly

Acquisition

Private Equity

Synopsis

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Insight Partners led a $225m Series D funding round in Postman, a collaboration platform for API development. Other investors include Coatue, Battery Ventures, BOND, CRV, Nexus Venture Partners, Gokul Rajaram and Girish Mathrubootham. “APIs have quickly become the fundamental building blocks of software used by developers in every industry, in every country across the globe—and Postman has firmly established itself as the preferred platform for developers. Postman has the opportunity to become a key pillar of how enterprises build, deliver products, and seamlessly enable partnerships across the ecosystem. Their continued, rapid expansion and strong management team point to a future for Postman with virtually unlimited possibilities,"Jeff Horing, Insight Partners Managing Director.

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