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Stamps.com history
Stamps.com company history timeline
The Postal Service began announcing proposals for digital delivery of postage in 1996.
Series B funding followed in August 1998 with $4.52 million.
Stamps.com purchased IShip.com, a company that compared prices of shipping services, for $305 million in stock or eight million shares, in October 1999.
PhotoStamps was re-launched in May 2005 for another year-long test run.
In 2005, the company reported $10.4 million in net income.
In September 2006, the company launched Photo NetStamps, which combined its previous NetStamps product with PhotoStamps.
ShipStation was founded in 2010 and creates tools to import orders from shopping cart platforms for order fulfillment.
The company recorded revenues of $38.6 million in 2012.
In October that same year, Stamps.com acquired ShipWorks, a multi-carrier shipping software company that integrates with shopping cart platforms, for $22 million. It acquired ShipStation, a web-based multi-carrier shipping solution based in Austin, Texas, in June 2014 for $50 million and up to 768,900 shares of stock.
In March 2015, Stamps.com entered into an agreement to acquire Endicia, another internet postage company, from Newell Rubbermaid for approximately $215 million.
On July 25, 2018, Stamps.com announced another agreement to purchase Metapack Ltd., a London-based company providing delivery management technology to e-commerce retailers and brands.
MetaPack will continue to operate as a wholly owned subsidiary led by its current management team with further details of the acquisition to be discussed on August 1, 2018.
On July 9, 2021, Thoma Bravo announced a pending acquisition of Stamps.com at a $330/share price, and a 40-day "go-shop" period for alternative proposals.
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Stamps.com competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Green Star Services | - | $590,000 | 50 | 8 |
| GAD | - | $33,000 | 4 | - |
| Key Tech | 1998 | $1.4M | 10 | - |
| ATOMIC | 1994 | $5.0M | 75 | 75 |
| Spark Networks | 1997 | $35.1M | 5 | - |
| Direct Line Communications, Inc. | - | $2.3M | 25 | 11 |
| universal system technologies | 1993 | $6.9M | 100 | - |
| Wizard International | 1994 | $13.3M | 50 | - |
| Kinney Group | 2006 | $20.0M | 12 | - |
| Firefly | 2007 | $15.0M | 170 | 6 |
Stamps.com history FAQs
Zippia gives an in-depth look into the details of Stamps.com, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Stamps.com. The employee data is based on information from people who have self-reported their past or current employments at Stamps.com. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Stamps.com. The data presented on this page does not represent the view of Stamps.com and its employees or that of Zippia.
Stamps.com may also be known as or be related to Stamps.com, Stamps.com Inc. and Stampscom Inc.