Postman raises $225M Series D at $5.6B valuation

lol, revenue not even mentioned on the page. Seems like an absurd valuation but times are crazy and VCs are throwing money anywhere they can<p>my only guess is that they raised based on their user count and have pitched some sort of strategy to monetize based on that. I&#x27;m guessing it is B2B focus, maybe some platform to make it easier for SaaS API companies to get to users. Or just pure enterprise sales and try to get big companies to pay for it. Maybe even try to monetize the data about what APIs free tier developers are using, although that type of telemetry would probably piss off most their users<p>I just don&#x27;t see developers paying for Postman directly, there are decent open source alternatives.

The valuation is eye-popping, does anyone have a reasonable explanation of how that could be sustained?

If you find Postman too bloated, a great alternative is Insomnia (<a href="https:&#x2F;&#x2F;insomnia.rest&#x2F;" rel="nofollow">https:&#x2F;&#x2F;insomnia.rest&#x2F;</a>) which is very similar when Postman just started; a simple, very useful tool without all the corporate bullshit and lots of unnecessary paid features packed in Electron.

Although I love Postman and I want to see it succeed, I&#x27;m a little stumped when it comes to how this company can scale given its niche.

I used to love Postman, but with their recent updates, it has become nearly useless for work.<p>They&#x27;ve clearly made it cumbersome to collaborate with collections via git so that you have to pay for their service, and the cost of the service is too high to justify what it does.<p>I don&#x27;t think the cloud service route was the correct one for monetizing Postman. I think they should have left basic HTTP support at the free tier and then offered feature parity w&#x2F; curl and testing at paid tiers.

I’ve totally had the why not just use curl moment a la the famous Dropbox quote. But man developer tool saas in general are on fire with growth and outright command these type of valuations. Congratulations to the postman team!

My jaw hit the floor when I saw $5.6B. Valuations have been crazy for a while, but that kind of money for an OK-ish developer tool is bonkers in any world.<p>Weber Grills just went public at a similar valuation. It&#x27;s truly amazing that a global household name would go for the same price as a niche tool that is optional to pay for.

I don&#x27;t know anyone personally that pays for Postman...anyone here pays for it? I&#x27;ve used many times Postman, in the past, but never paid. In comparison I pay and have paid for Github for a long time though, and know plenty of people who also do either through personal&#x2F;work

It always amuses me that Postman&#x27;s branding is all space themed.<p>I realise the &quot;post&quot; in Postman is likely a reference to the HTTP POST verb, but wouldn&#x27;t it have made more sense to go postal (ha) for their branding instead of space? Feels like such a missed opportunity.

Leaving aside their valuation, profit, or ability to scale (which other comments have brought up), what could they possibly need that much money for?

I would pay a small one time fee for a good collection that would save me the time having to read the documentation. The API collection store could allow developers to create and sell their collection. They could also have sponsored links, you could target people with specific needs.

I can&#x27;t help but think all these crazy raises and valuations that keep jumping from round to round are just a scheme to legally print money.

Yep, hence why they are pushing everyone to subscription based use, and some features now only work with an account.

You have got to be kidding me. What&#x27;s the pitch? Spyware? Send the returned JSON data to the Chinese?