(CNN Business) Another popular startup has joined the IPO race: Food delivery startup Postmates has filed initial paperwork to go public.

The company confirmed its plans in an announcement on its website.

San Francisco-based Postmates launched in 2011 by co-founders Sam Street, Sean Plaice and Bastian Lehmann, who is also the company's CEO.

The company is considered a pioneer in the on-demand delivery industry and currently services 2,940 cities across the US and Mexico. Although customers can still have random items delivered from stores, from phone chargers to cupcakes, it's become a go-to network for restaurant delivery. It also handles other deliveries for partners such as Apple and Walgreens.

It even has the stamp of approval from celebrities. Last month, Kylie Jenner revealed she spent $10,000 with the service in 2018.

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