Postman is a San Francisco-based software company offering an API development environment.
August 19, 2021
Postman becomes the most valued Indian SaaS unicorn with a valuation jump to $5.6 billion, raising $225 million in a Series D funding round led by its existing investor Insight Partners, the company announced on an official blog.
The previous round of funding for Postman came in June this year, where it bagged $150 million and entered the Indian SaaS unicorn club with a valuation of $2 billion.
Three new and other existing investors- Coatue, Battery Ventures, BOND and CRV, and Nexus Venture Partners - participated in the Series D round.
Additionally, Gokul Rajaram, product leader at DoorDash and Girish Mathrubootham, CEO of Freshworks, joined as individual investors in the Series D funding round.