Postmates Launches 1-Hour Delivery in New York City

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Urban logistics platform offers a new twist on dot-com service, Kozmo.com, delivering anything in Manhattan in 1-hour or less.

"Now all of Manhattan is accessible at the touch of a button." - CEO and Co-Founder, Bastian Lehmann

Postmates, the original same day delivery startup based in San Francisco, today announced availability of its one hour service in New York. Operating at the intersection of urban logistics and e-commerce, Postmates provides delivery from any store or restaurant in Manhattan.

Postmates’ mobile app connects its fleet of couriers with customers in New York, providing access to local inventory from the Apple Store, Bloomingdales, Shake Shack, Levain Bakery, Duane-Reade and virtually anywhere else. Postmates’ couriers are equipped with a proprietary courier app and company credit card to purchase items on behalf of their customers. From real-time tracking to digital receipts, the entire delivery process is transparent and cashless.

For local merchants, Postmates offers the opportunity to compete with mass retailers. The startup provides a platform for stores and restaurants to deliver goods to customers anywhere in the city at no cost to their business. With Postmates, the more than 65% of merchants in NYC that don’t offer deliver, now have a full-service option.

“I am excited to introduce Postmates to a city that defines convenience and accessibility,” explained Bastian Lehmann, CEO and co-founder of Postmates. “New York is the ideal market for an on-demand service. Now all of Manhattan is accessible at the touch of a button.”

The existing fleet of nearly 50 Postmates’ couriers in New York consists of bikes, cars, scooters and SUVs. At launch, Postmates will:

     + Deliver from anywhere in Manhattan to the greater Flatiron District (between 42nd and 14th, 8th and Lexington), and will quickly expand throughout the city over the next two months
     + Be available between 8:00am - 3:00am, 7 days a week
     + Start at $5 for delivery, but is free during launch week, May 30 - June 5

Postmates is currently live in San Francisco and Seattle and is growing its delivery volume by 20% month on month. In San Francisco, Postmates has increased the number of merchants that deliver from 800 to nearly 3,000 and has successfully processed over $1M in deliveries from merchants in San Francisco and Seattle over the last 3 months. The startup plans to launch a new market every two months.

Postmates has raised just over $7 million in funding to date from a handful of well-known Silicon Valley angel investors and venture capitalists.: http://www.crunchbase.com/company/postmates.

About Postmates:

Postmates is a revolutionary same day urban logistics and delivery platform that enables individuals to have any product in the city delivered in under an hour. Postmates enables same day delivery by arming couriers with credit cards to purchase goods on behalf of the customer at any retail store or merchant in the city. Postmates was co-founded by Sam Street, Sean Plaice and Bastian Lehmann in 2011, and is headquartered in San Francisco with additional offices in London, Seattle and NYC.

Postmates is free to download from the app store or by visiting: http://www.postmates.com

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Ashley Brown

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