OfferUp Stock
Mobile Local Marketplace
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About OfferUp Stock
OfferUp is an e-commerce platform that aims to facilitate buying and selling items locally. The company introduced a nationwide shipping option for sellers. OfferUp uses an image-based product offering page, 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 use TruYou to verify and validate users via their driver's license.
OfferUp was founded in 2011 and is headquartered in Bellevue, WA. Investors include GGV Capital, Jackson Square Ventures, and OLX.
Investors
Tiger Global Management
Flipkart, Delhivery, BharatPe, Ather Energy, Databricks, Grab, Chime, Ola, Relativity Space, Quikr
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Rappi, CoinSwitch Kuber, Devoted Health
T. Rowe Price
One97, Flipkart, WeWork, Cruise, Airbnb, Rivian, Magic Leap, Nuro, Caris Life Sciences, Vroom
Funding History
July 2013 | $45K |
---|---|
July 2013 | $1.5M |
July 2013 | $357K |
June 2014 | $5.7M |
March 2015 | $27.3M |
August 2016 | $48.4M |
July 2018 | $12.3M |
July 2020 | $76K |
July 2020 | $2.5M |
July 2020 | $602K |
July 2020 | $9.5M |
July 2020 | $134M |
July 2020 | $46.1M |
July 2020 | $18.8M |
July 2020 | $81.6M |
Management
Chief Executive Officer
Todd Dunlap
Chief Financial Officer
Michael Eggers
Press
news - Feb, 26 2024
A Growing List Of Unicorns Haven’t Raised Funding For 3-Plus Yearsfurnituretoday - Feb, 11 2024
As the stigma lessens, secondhand shopping surges, new report findswaste360 - Feb, 11 2024
New OfferUp Report Shows Consumers Consider Secondhand Purchases a 'Status Symbol'prnewswire - Jan, 19 2024
OfferUp's 2023 Recommerce Report Reveals 85% of ...retailwire - Jan, 19 2024
Is the Stigma Around Secondhand Gifting Largely Gone?