EasyPost was founded in 2012 by Jarrett Streebin and Jon Calhoun. In 2021, Streebin told reporters that the company was gearing up for a potential IPO.
EasyPost is a logistics company whose API allows digital merchants to integrate shipping infrastructure directly into their websites. The company has investments in Lula Convenience and Airhouse, and in 2022 entered a strategic partnership with Swyft, a last-mile shipping firm. EasyPost has raised more than $88 million in venture capital funding from investors including Marbuck Investments, Maropost Ventures, Initialized Capital, and Streamlined Ventures. EasyPost was valued at $1.5 billion in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/09/2021 | Series B-2 | $25MM | $xx.xx | $1.52B | GarageCapital | |
Price per Share
$xx.xx
Shares Outstanding
528,802
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GarageCapital
|
||||||
09/09/2021 | Series B-1 | $5.9MM | $xx.xx | $1.52B | GarageCapital | |
Price per Share
$xx.xx
Shares Outstanding
336,948
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GarageCapital
|
||||||
06/30/2018 | Series A | $63.03MM | $xx.xx | $420.2MM | Streamlined Ventures, Bow Capital, Initialized Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,907,175
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Streamlined Ventures, Bow Capital, Initialized Capital
|