Postmates, the food delivery app, is set to unveil its IPO filing

On-demand food delivery app Postmates is on track to go public before the end of 2019.

The buzzy startup is planning to publicly reveal its IPO filing in September, setting it up to debut on public markets in the third quarter of 2019, according to a TechCrunch report Monday.

The filing will be the first look at the company’s financials. Postmates was most recently valued at $1.85 billion, and has raised a whopping $681 million in private venture funding since 2011,according to Pitchbook data. The startup confidentially filed with the US Securities and Exchange Commission in February…

A Postmates spokesperson declined to comment on the IPO process. A current Postmates investor confirmed to Business Insider that the company was in a pre-IPO “quiet period.”

The report comes on the heels of competitor DoorDash’s $410 million purchase of Caviar from payments company Square on August 5. The market for on-demand food delivery has taken center stage ahead of…

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