On demand delivery startup gets seed funding

Tiger Global has boosted the finances and operations of Postmates, by adding a $80 million raise.

The On-demand startup now has a valuation of about  $140 million. Sources say they might also raise an additional $1.2 million.

The company says the seed funding will help it expand and improve its business process, while adding that it is positioning itself to give customers an exciting experience.

According to Venture Beats,“Postmates is clearly gearing up to challenge its last few real threats: ”

Watch Postmates CEO, Bastian Lehmann, talk about his team in this educating video.