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OfferUp Stock
Mobile Local Marketplace
About OfferUp Stock
OfferUp is an e-commerce platform that primarily focuses on facilitating buying and selling items locally, similar to Craigslist. The company has also introduced a nationwide shipping option for sellers, directly competing against eBay. The company uses an image-based product offering page, and is designed for ease of use and the ability to post quickly. The company also offers Facebook integration to indicate to buyers if they have connections to the seller, and uses TruYou to verify and validate users via their driver's license. As the largest mobile marketplace for local buyers and sellers in the U.S., the company's iOS and Android apps have been in the top five most popular shopping apps lists for more than three years.
OfferUp was founded in 2011 and is headquartered in Bellevue, WA. Investors include GGV Capital, Jackson Square Ventures, and OLX.
Investors
Akkadian Ventures
Palantir Technologies, DocuSign, Automattic, OfferUp, Tintri, Prosper Marketplace, Coupa Software, DataStax, Reputation.com, Dynamic Signal
Allen & Company
Stripe, Vroom, Ginkgo Bioworks, Joby Aviation, Blend, Convoy, Freenome, Turo, OfferUp, Qumulo
Altimeter Capital
Udaan, AppDynamics, Airbnb, Epic Games, Snowflake, Vroom, Unity Technologies, 23andMe, MongoDB, Cerebras Systems
Andreessen Horowitz
Lyft, Robinhood, Airbnb, Instacart, Magic Leap, Stripe, Databricks, Rappi, Pinterest, Slack
Jackson Square Ventures
OfferUp, Alto Pharmacy, Demandbase, Strava, Upwork (Fka: Elance-oDesk), Centrify, CREXi, Sparkcentral
Tiger Global Management
Flipkart, Ola, JUUL, Delhivery, Grab, Quikr, Palantir Technologies, Databricks, Avant, Pure Storage
T. Rowe Price
Flipkart, WeWork, Cruise, Airbnb, Rivian, Magic Leap, Caris Life Sciences, Vroom, Ginkgo Bioworks, Deliveroo
Funding History
| July 2013 | $45K |
|---|---|
| July 2013 | $357K |
| July 2013 | $1.5M |
| June 2014 | $5.7M |
| March 2015 | $27.3M |
| August 2016 | $48.4M |
| July 2018 | $12.3M |
| July 2020 | $2.5M |
| July 2020 | $602K |
| July 2020 | $76K |
| July 2020 | $9.5M |
| July 2020 | $46.1M |
| July 2020 | $81.6M |
| July 2020 | $18.8M |
| July 2020 | $134M |
Management
Chief Executive Officer
Nick Huzar
Chief Financial Officer
Michael Eggers
Chief Technology Officer
Ameesh Paleja
Press
BizJournals - Apr, 19 2021
KTVN - Apr, 19 2021
AZ Central - Mar, 23 2021
ALX Now - Jan, 7 2021
EcommerceBytes - Dec, 20 2020
techrseries - Nov, 9 2020
launchticker - Aug, 31 2020
geekwire - Jul, 20 2020
pymnts - May, 13 2020
pymnts - May, 11 2020
Tech Crunch - Mar, 25 2020
Business Insider - Mar, 20 2020
markets - Aug, 26 2019
geekwire - Jul, 18 2019
prnewswire - Jun, 11 2019
prnewswire - May, 22 2019
Buffalo News - Apr, 13 2019
PYMNTS.com - Dec, 3 2018
PYMNTS.com - Nov, 30 2018
WSJ - Aug, 9 2018
Recode - May, 1 2018
Pymnts - May, 1 2018
pymnts - Dec, 8 2017
geekwire - Nov, 16 2017
TechCrunch - Jan, 17 2017
venturebeat - Sep, 8 2016
Other Companies
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