Postman (software)

Postman is an API platform for developers.[1] The company is headquartered in San Francisco and maintains an office in Bangalore, where it was founded.[2] As of February 2023, Postman reports having more than 25 million[2] registered users and 75,000 open APIs, which it says constitutes the world's largest public API hub.[3]

Postman
Original author(s)
  • Abhinav Asthana (CEO)
  • Ankit Sobti (CTO)
  • Abhijit Kane
Developer(s)Postman Inc.
Initial release2012
Stable release
10.16.0
Operating systemWindows, macOS, Linux
LicenseProprietary (with open source components)
Websitepostman.com

History

Postman started in 2014 as a side project of software engineer Abhinav Asthana, a former intern at Yahoo Bangalore who found it difficult to develop and test APIs.[4] He launched Postman as a free app in the Chrome Web Store. Abhinav recruited former colleagues Ankit Sobti and Abhijit Kane to found Postman Inc in 2014.[5] The three co-founders lead the company today, with Abhinav serving as CEO and Sobti as CTO.

In May 2015 Postman raised a $1 million seed round.[6] In August 2021 the company raised a $225 million Series D round at a $5.6 billion valuation.[7]

As of 2023, Postman has been named to Forbes Cloud 100 list for three years running,[8] ranking as high as #28.

Products

  • API repository: Allows users to store, catalog, and collaborate around API artifacts in a central platform within public, private, or partner networks[9]
  • API builder: Helps implement an API design workflow through specifications including OpenAPI, GraphQL, and RAML. Integrates varied source controls, CI/CD, gateways, and APM solutions[10]
  • Tools: API client, API design, API documentation, API testing, mock servers, and API detection[11]
  • Intelligence: Security warnings, API repository search, workspaces, reporting, API governance [12]
  • Workspaces: Personal, team, partner, and public workspaces allow developers to collaborate internally and externally[13]

Plans

Postman offers a tiered pricing model. Options range from a free plan for small teams to enterprise plans that can serve thousands of developers and offer custom domains, reporting, analytics, governance, and enterprise integrations with GitHub and GitLab.

Ownership

Postman is privately held, with funding from Nexus Venture Partners,[14] CRV,[15] Insight Partners,[16] Coatue,[17] Battery Ventures,[18] and Mary Meeker’s BOND.[19]

References

  1. "API platform Postman valued at $5.6 billion in $225 million fundraise". TechCrunch. Retrieved 2022-04-19.
  2. "There's an API for that". Postman Blog. 2023-02-13. Retrieved 2023-03-06.
  3. "Postman Public API Network Now the World's Largest Public API Hub". www.yahoo.com. Retrieved 2022-04-19.
  4. "How We Built Postman—the Product and the Company". Postman Blog. 2021-04-05. Retrieved 2022-04-19.
  5. "30 Under 30: Ankit Sobti, Abhinav Asthana, Abhijit Kane - Cracking The Code". Forbes India. Retrieved 2023-08-02.
  6. Russell, Jon (2015-05-26). "Postman, An API Development Platform Used By Box And Others, Raises $1M". TechCrunch. Retrieved 2023-08-02.
  7. Singh, Manish (2021-08-18). "API platform Postman valued at $5.6 billion in $225 million fundraise". TechCrunch. Retrieved 2023-08-02.
  8. "The Cloud 100 2023". Forbes. Retrieved 2022-04-19.
  9. "Postman API Platform | Repository". Postman API Platform. Retrieved 2022-04-19.
  10. Lancaster, Bobby (2020-06-19). "API Development: How to Build Better APIs with Postman". Postman Blog. Retrieved 2022-04-19.
  11. "Postman API Platform | Tools". Postman API Platform. Retrieved 2022-04-19.
  12. "Postman API Platform | Intelligence". Postman API Platform. Retrieved 2022-04-19.
  13. "Postman API Platform | Workspaces". Postman API Platform. Retrieved 2022-04-19.
  14. Partners, Nexus Venture (2020-06-11). "Nexus backed Postman closes $150mn Series C funding at $2bn valuation". Medium. Retrieved 2022-04-19.
  15. CRV (2019-06-19). "Welcome to the CRV family, Postman!". Team CRV. Retrieved 2022-04-19.
  16. "Software firm Postman valued at $5.6 bln after funding round". Reuters. 2021-08-18. Retrieved 2022-04-19.
  17. "Postman Closes $225 Million Series D Round at a $5.6 Billion Valuation to Power the API-First World". www.businesswire.com. 2021-08-18. Retrieved 2022-04-19.
  18. "Postman". Battery Ventures. Retrieved 2022-04-19.
  19. "BOND". www.bondcap.com. Retrieved 2022-04-19.
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