Postman

Executive Summary

Postman is a leading API development platform that simplifies each step of the API lifecycle and streamlines collaboration. Its core business model is a SaaS-based subscription service used by over 30 million developers and 500,000 organizations globally. The company holds a dominant position in the developer tools market, benefiting from the 'API-first' shift in software architecture. Recent estimated revenue has surpassed $250 million, growing at a steady double-digit rate despite a challenging macro environment. Key strengths include high user retention and a massive viral adoption loop within engineering teams. Investors view this IPO as a bellwether for the developer experience (DevEx) market.