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- Postscript
Postscript Revenue, Valuation, Funding & Investors
Postscript is valued at $636M as of June 2022, a 16.3x multiple on its last reported $39M revenue.
Last Postscript valuation
$636M
Series C · Jun 2022
Last Postscript funding round
$65M
Series C · Jun 2022
Postscript revenue
$39M
Series C · Jun 2022
Key investors in Postscript
1984 Ventures
OpenView
Y Combinator
Greylock
Accomplice
Elephant
About Postscript
Postscript is a Toronto-headquartered e-commerce SMS marketing platform integrated with Shopify, BigCommerce, and Magento. The service enables brands to send automated text campaigns for abandoned carts, shipping updates, and promotions, featuring segmentation tools and A/B testing. Postscript provides real-time analytics on delivery rates, open rates, and revenue attribution. Adopted by over 30,000 DTC merchants including Brooklinen and Glossier, it processes billions in attributed sales annually. Founded in 2018, the company expanded into MMS capabilities and international markets including Canada, UK, and Australia.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$39M (Jun 2022)
Valuation
$636M (Jun 2022)
Postscript Valuation
Postscript is currently valued at $636M, based on its Series C in June 2022.
The $65M round was led by 01 Advisors, with participation from Accomplice, OpenView, Expanding Capital, Maropost Ventures, Hawke Ventures and 4 other investors.
Postscript's valuation has grown 15x from $42M at its seed round in December 2019 to $636M in June 2022, across 2 priced rounds.
Postscript valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2022 | Series C | $636M | 16.3x |
| Dec 2019 | Seed | $42M | - |
Postscript Revenue
Postscript's latest recorded revenue is $39M, as of its Series C in June 2022. At a $636M valuation, that implies a 16.3x revenue multiple.
Postscript revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2022 | $39M | $636M | 16.3x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Postscript Funding History
Postscript has raised a total of $106M across 4 funding rounds.
Postscript's first fundraising round was a $2M pre-seed round in March 2019. The most recent completed round was a $65M Series C in June 2022.
Postscript funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2022 | Series C | 01 Advisors (lead); Accomplice; OpenView; Expanding Capital; Maropost Ventures; Hawke Ventures; Twilio; Greylock; Elephant; m]x[v | $65M | $636M | Postscript is an SMS marketing platform for e-commerce brands, primarily on Shopify, enabling personalized text messaging to drive customer engagement and revenue. The company provides tools for designing and operating SMS programs, with customers achieving high ROI, such as 25x on average and 34x across all customers. It serves over 8,000 brands including Brooklinen, Homesick, Native, Spikeball, and Kopari, and was named to Forbes' Next Billion-Dollar Startups list. On June 15, 2022, Postscript raised $65 million in a Series C round led by 01 Advisors, with participation from Twilio Ventures, Expanding Capital, m]x[v Capital, and existing investors Greylock, Accomplice, Elephant, and OpenView. This brought total funding to around $105-138 million across multiple rounds. The post-money valuation was $636 million, representing a 16.3x multiple on $39 million in 2022 revenue. Funds are earmarked for developing new features to empower brands in customer engagement, reducing purchase friction, delivering timely experiences, and sharing SMS best practices as the channel evolves. Postscript positions SMS as an untapped revenue driver for brands. Later data shows a Series C-1 valuation of $639 million in May 2023, with total funding at $111.81 million. |
| Mar 2021 | Series B | Greylock (lead); OpenView; Larry Fitzgerald; 1984 Ventures; Beyond Capital; Y Combinator Continuity Fund; Elephant; Vinyl Capital; Ali Capital | $35M | - | Postscript is a leading ecommerce SMS marketing platform designed for Shopify and Shopify Plus merchants, enabling brands to segment customer lists, create data flows, and engage via text messages while respecting consumer inboxes. The company announced a $35 million Series B funding round on March 5, 2021, led by Greylock, with participation from YC Continuity Fund, OpenView, and others including 1984 Ventures, Ali Capital, Beyond Capital, Elephant, Larry Fitzgerald, and Vinyl Capital. Trusted by over 3,500 brands such as Brooklinen, Native, Staud, HydroJug, and FanJoy at the time, Postscript focused on text message marketing to drive customer communication. Postscript had previously raised earlier rounds, including $4.5 million in 2019. Total funding reached over $100 million by Series C, with cumulative raises reported as $137.98 million and last valuation at $636 million post-Series C. The Series C of $65 million was led by 01 Advisors with Twilio Ventures, Expanding Capital, m]x[v Capital, and existing investors. |
| Dec 2019 | Seed | Accomplice (lead); Elias Torres; Y Combinator; Paul English; 1984 Ventures; Mathilde Collin; Eric Rea; Dennis Steele; Andrew Bialecki; Kapital Partners; Ali Capital | $5M | $42M | Postscript is an SMS marketing platform designed specifically for Shopify stores to help e-commerce brands reach and engage customers through text messaging. Founded in 2019, the company provides tools for brands to send personalized SMS campaigns and build customer relationships via text. In December 2019, Postscript raised $4.5 million across multiple Series A tranches at a $41.65 million post-money valuation. The round was led by Accomplice with participation from 1984 Ventures, Y Combinator, and several angel investors including Paul English, Eric Rea, and Elias Torres. The funding supported the company's early operations and product development. Postscript has since grown significantly. As of June 2022, the company had expanded to work with over 8,000 Shopify brands, including customers such as Brooklinen, Kopari, Native, and Spikeball. The platform delivers an average 25X return on investment for customers, with some of the lowest unsubscribe rates and highest engagement rates in the SMS marketing industry. The company expanded from 61 employees in 2021 to 230 employees by 2022 and subsequently raised a $35 million Series B in March 2021 and a $65 million Series C in June 2022. |
| Mar 2019 | Pre-seed | 1984 Ventures (lead); Y Combinator (lead); OpenView; Hawke Ventures | $2M | - | - |
Who has invested in Postscript?
24 investors have backed Postscript across its funding rounds, including 1984 Ventures, OpenView, Y Combinator, Greylock, Accomplice and Elephant.
Lead investors include 01 Advisors, Greylock, Accomplice, 1984 Ventures and Y Combinator.
Postscript Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Mar 2019 | ||
| 3 | Lead | Mar 2019 | ||
| 2 | Lead | Dec 2019 | ||
| 2 | Lead | Mar 2019 | ||
| 2 | Participant | Mar 2019 | ||
| 2 | Lead | Mar 2021 | ||
| 2 | Participant | Mar 2021 | ||
| 2 | Participant | Dec 2019 | ||
| 1 | Participant | Dec 2019 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Dec 2019 | ||
This data is available for Pro users. Sign up to see all 24 Postscript investors. Start Free Trial | ||||
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Start Free TrialPostscript Competitors
Postscript competitors include listed companies like Rezolve AI, Litium, Vtex and Auction Technology Group, and private ones like ADA and Contentstack.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $72M | $1M | $550M | - | ||
| Publicly listed | $47M | ($109M) | $950M | 4.0x | ||
| Publicly listed | $8M | $2M | $20M | 1.9x | ||
| Publicly listed | $241M | $22M | $603M | 1.7x | ||
| Private | - | - | $574M | - | ||
| Publicly listed | $190M | ($93M) | $710M | 3.5x |
Postscript Public Comps
Postscript is still privately-owned, but its public comps include Sprout Social, Vtex, THG, Auction Technology Group, Quadient, Beijing Quanshi World, Locaweb, Riskified, Weimob and ODDITY Tech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $458M | ($31M) | 1.3x | 1.2x | (18.6x) | 8.1x | |||
| $241M | $22M | 1.8x | 1.7x | 19.2x | 10.5x | |||
| $2.3B | $133M | 0.5x | 0.5x | 9.2x | 9.7x | |||
| $190M | ($93M) | 4.6x | 3.5x | (9.3x) | 10.1x | |||
| $1.2B | $100M | 1.1x | 1.1x | 12.8x | 4.8x | |||
| $169M | ($19M) | 2.3x | - | (20.8x) | - | |||
| $289M | ($31M) | 1.4x | 1.3x | (12.8x) | 5.4x | |||
| $345M | ($31M) | 1.8x | 1.6x | (20.3x) | 19.0x | |||
This data is available for Pro users. Sign up to see all Postscript competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Postscript
| When was Postscript founded? | Postscript was founded in 2018. |
| Where is Postscript headquartered? | Postscript is headquartered in Phoenix, AZ, United States. |
| Is Postscript publicly listed? | No, Postscript is a private, VC-backed company. |
| What is Postscript's valuation? | Postscript was last valued at $636M in its Series C in June 2022. |
| How much funding has Postscript raised? | Postscript has raised $106M across 4 funding rounds. |
| What was Postscript's last funding round? | Postscript's last funding round was a $65M Series C in June 2022, led by 01 Advisors. |
| Who are Postscript's investors? | Postscript's investors include OpenView, 1984 Ventures, Accomplice, Y Combinator, Hawke Ventures, Greylock, Elephant, Ali Capital, Elias Torres, Larry Fitzgerald and 14 others. |
| What is Postscript's revenue? | Postscript's latest recorded revenue is $39M (June 2022). |
| What is Postscript's revenue multiple? | Postscript's latest valuation implies a 16.3x revenue multiple ($636M valuation on $39M of revenue). |
| Which companies are comparable to Postscript? | Companies comparable to Postscript include ADA, Rezolve AI, Litium, Vtex, Contentstack and Auction Technology Group. |
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