Postman
Headquarters
San Francisco, CAFounded
2014CEO / Founder
Abhinav AsthanaEmployees
501-1000Funding
Series D — $433MProducts
0 products listedWebsite
postman.com
Profile updated
About Postman
Postman is a collaborative API platform founded in 2014 in Bangalore by Abhinav Asthana, Ankit Sobti, and Abhijit Kane, with headquarters now in San Francisco. The product started as a Chrome extension for testing REST APIs and has grown into a full API lifecycle platform.
Postman is used by more than 30 million developers and 500,000+ organizations, making it the largest API development community. The platform covers design, documentation, testing, monitoring, and mock servers.
Postman has raised approximately $433 million, including a $225 million Series D in 2021 at a $5.6 billion valuation, led by Insight Partners. Abhinav Asthana continues as CEO.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
No products listed yet for this company.
Competitive Landscape
Who Postman competes with, and how they differ.
Kong owns Insomnia, a free API client bundled into Kong's Konnect gateway suite; unlike Postman's collaboration-cloud model, Insomnia offers local, Git-native or cloud storage choices and Kong monetizes mainly through gateway/infrastructure sales rather than per-seat collaboration fees.
SmartBear's SwaggerHub and Stoplight (acquired 2022) target API design-first teams authoring OpenAPI specs before code exists, competing more with Postman's newer API-Catalog and governance push than its historical request-testing core, and sell as part of SmartBear's broader enterprise QA/testing suite.
Apidog bundles API design, mocking, automated testing and documentation into a single lower-priced tool aimed at smaller teams that outgrew Postman's per-seat cloud pricing, positioning itself as an all-in-one alternative rather than a testing-only client.
Bruno is a free, fully open-source API client that stores collections as plain-text .bru files inside a project's own Git repo, explicitly rejecting Postman's mandatory cloud-account model to appeal to developers wary of vendor lock-in and telemetry.
Hoppscotch is a free, open-source, browser-based API client with no mandatory account, competing on zero-install simplicity for individual developers rather than Postman's team-collaboration and enterprise-governance feature set.
Company Timeline
Key milestones in Postman's history, with sources.
- Milestone
Relaunched as an AI-native platform for the agentic era
Postman rebuilt its platform around Git-connected Workspaces, an API Catalog and an embedded AI intelligence layer with Agent Mode, positioning itself as enterprise AI infrastructure rather than a developer tool.
blog.postman.com - Acquisition
Acquired Fern for API docs and SDKs
Postman acquired Fern, a New York developer-experience startup founded in 2022 serving customers including Square, Auth0 and ElevenLabs; Fern continues operating as an independent product.
sdtimes.com - Acquisition
Acquired liblab for automated SDK generation
Postman acquired liblab, founded in 2022 by Sagiv Ofek, to bring automated SDK generation and maintenance into its API lifecycle platform.
blog.postman.com - Acquisition
Acquired Orbit to add developer-community features
Postman acquired Orbit, a community growth platform for developer companies founded in 2019 and backed by a16z and Coatue; Orbit's standalone product was sunset within 90 days.
businesswire.com - Acquisition
Acquired Akita Software for API observability
Postman acquired Akita, an eBPF-based API discovery and monitoring startup founded in 2018 and backed by a16z and Sequoia, its first strategic acquisition.
blog.postman.com - Funding
Series D — $225M led by Insight Partners at $5.6B valuation
Insight Partners led the round joined by new investors Coatue, Battery Ventures and BOND, alongside existing investors CRV and Nexus Venture Partners.
blog.postman.com - Launch
Postman for Web launched
Postman introduced a browser-based client, returning to its original Chrome-extension roots after years as a desktop-only app.
businesswire.com - Funding
Series C — $150M led by Insight Partners at $2B valuation
Insight Partners led the round with participation from existing investors CRV and Nexus Venture Partners, making Postman a unicorn.
techcrunch.com - Funding
Series B — $50M led by CRV
Charles River Ventures led a $50 million Series B, with participation from existing investor Nexus Venture Partners; CRV general partner Devdutt Yellurkar joined the board.
techcrunch.com - Founded
Postman founded as a side project in Bangalore
Abhinav Asthana built an early API-testing tool that grew into the company; he later recruited co-founders Ankit Sobti and Abhijit Kane. Postman is described in press coverage as founded in 2012.
sdtimes.com
Explore AI Software Reviews
Browse multi-perspective AI panel reviews across hundreds of AI tools, agents, and platforms. Find the right software with insights from CTO, Developer, Marketer, Finance, and User perspectives.