# Postal.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/postal-io

- Industry: Software
- Headquarters: San Luis Obispo, US
- Website: http://postal.io
- Total disclosed funding: $31M
- Latest round: Series B (Sep 9, 2021)
- Investors on record: 2

## About

Postal.io, Inc. is a US-based company that specializes in developing an intelligent gifting platform to enhance corporate marketing strategies and foster customer and employee engagement.Founded in 2019 in San Luis Obispo, US, Postal.io, Inc. offers a platform for corporate gifting that streamlines processes for businesses. The company has raised a total of USD 22.00 mn through its Series B funding round led by OMERS Ventures in September 2021, with participation from Mayfield Fund. The funding supports the company's ongoing development initiatives and expansion plans. The company was co-founded by Erik Kostelnik and Jed Danner, with Kostelnik currently serving as CEO.Postal provides an intelligent gifting platform that simplifies the corporate gifting process, allowing businesses to enhance marketing strategies, customer retention, and employee engagement. Users can personalize, send, and automate gifting efforts, addressing challenges in lead generation and loyalty. The platform features a variety of gift options, including gourmet food, branded swag, e-gift cards, and experiences. It caters to marketing teams, sales departments, and human resources across North America, Europe, and parts of Asia.Postal's revenue model consists of an annual subscription fee for platform access and transaction fees based on gifts accepted via digital links. This model facilitates effective gifting campaigns for B2B clients, ensuring clients only incur costs for successful transactions. The platform is designed to accommodate various business sizes and integrates with CRM systems to improve operational efficiency.Following its most recent funding round in September 2021, Postal.io, Inc. plans to grow its team and deliver on its product roadmap while targeting expansion into international markets. The funding will support these initiatives, allowing the company to enhance its offerings and reach new geographical regions.

## Funding rounds

- Series B, Sep 9, 2021, $22M — Mayfield Fund, OMERS Ventures
- Series A, May 4, 2020, $9M — Mayfield Fund

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A, Series B
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series B