San Francisco and Bengaluru-based software-as-a-service (SaaS) platform Postman has raised $225 million in a Series D round, at a valuation at $5.6 billion. The round was led by existing investor Insight Partners. New investors like Coatue, Battery Ventures, BOND, DoorDash product leader Gokul Rajaram and Freshworks founder Girish Mathrubootham also participated in the round, along with existing investors CRV and Nexus Venture Partners.

Postman will now use this Series D funding to hire across multiple verticals like sales, marketing, product, and engineering. 

Company: Postman, Inc.

Raised: $225.0M

Round: Series D

Funding Month: August 2021

Lead Investors: Insight Partners

Additional Investors: Coatue, Battery Ventures, BOND, DoorDash product leader Gokul Rajaram, Girish Mathrubootham, CRV, and Nexus Venture Partners

Company Website: http://www.postman.com/

Software Category: software-as-a-service (SaaS) platform 

About the Company: Founded in 2014 by Abhinav Asthana, Abhijit Kane, and Ankit Sobti, Postman helps developers and companies simplify their application programming interface (API) workflow. It also enables the companies to streamline collaboration and create API faster. The company has over 17 million developers and 500,000 organizations on its platform.

Source: https://www.businessinsider.in/business/startups/news/postman-is-now-the-highest-valued-vc-funded-saas-startup-in-india-after-a-225-million-fundraise/articleshow/85429769.cms