# Postie

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/postie

- Industry: Marketing/Advertising
- Headquarters: Marina del Rey, US
- Website: www.postie.com
- Total disclosed funding: $6.8M
- Latest round: Seed (Jul 3, 2018)
- Investors on record: 2

## About

Postie, Inc. offers innovative direct mail marketing solutions that integrate with digital advertising, enhancing customer outreach through programmatic direct mail powered by machine learning.Founded in 2017, Postie, Inc., headquartered in Marina del Rey, US, specializes in programmatic direct mail marketing. The company was co-founded by Dave Fink and Jonathan Neddenriep. In July 2018, Postie raised USD 3.5 mn in Seed funding, led by Bonfire Ventures and Crosscut Ventures, totaling USD 3.5 mn raised across 2 deals.Postie specializes in advanced direct mail marketing solutions that integrate seamlessly with digital advertising strategies. Their core offering is a programmatic direct mail platform that leverages machine learning algorithms to create audience segments and lookalike models from clients' existing customer data. This platform allows businesses to automatically target prospects who engage with their websites, matching online behavior to physical addresses through identity resolution. Postie's services are designed to enhance customer acquisition, retention, and re-engagement efforts, making them particularly valuable for marketers aiming to diversify their outreach strategies. Their client base includes companies across various sectors, such as retail, cosmetics, and health, with a focus on markets in the United States and Canada, where they address the increasing demand for personalized marketing solutions in an omnichannel environment.Postie generates revenue through a subscription-based model that allows clients to access their direct mail marketing platform and associated services. The transaction structure is primarily B2B, where businesses partner with Postie to streamline their direct mail campaigns. Clients can utilize the platform on a pay-per-use basis or through tiered subscription plans, which offer varying levels of features based on their marketing needs. This enables companies to execute campaigns at scale while tracking key performance indicators such as cost per acquisition and return on ad spend in real-time. By integrating advanced analytics and reporting tools, Postie provides valuable insights that enhance the effectiveness of direct mail efforts, further solidifying their position as a market leader in this space.Postie is planning to enhance its programmatic direct mail platform with new features aimed at increasing customer engagement. They are targeting expansion into additional markets including Europe and Asia by 2025 to diversify their client base. The recent Seed funding of USD 3.5 mn will be utilized to support these product enhancements and market expansion efforts.

## Funding rounds

- Seed, Jul 3, 2018, $3.5M — Crosscut Ventures Management, Bonfire Ventures
- Seed, Jul 26, 2017, $3.3M — Crosscut Ventures Management, Bonfire Ventures

## Investors

- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Seed
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed