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
Akkadian Ventures
Palantir Technologies, TripActions, DocuSign, Gusto, Roofstock, Automattic, Lime, DataStax, OfferUp, Tintri
Allen & Company
Stripe, Relativity Space, Vroom, Joby Aviation, Convoy, Blend, Aspiration, Freenome, Bolt Threads, Turo
Altimeter Capital
Udaan, AppDynamics, Airbnb, Lacework, Snowflake, Vroom, Unity Technologies, 23andMe, Cerebras Systems, Deel
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Jackson Square Ventures
Plume Design, Alto Pharmacy, Seismic, OfferUp, Demandbase, Strava, Upwork (Fka: Elance-oDesk), Centrify, CREXi, Sparkcentral
Third Kind Venture Capital
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
T. Rowe Price
One97, Flipkart, WeWork, Cruise, Airbnb, Rivian, Magic Leap, Nuro, Caris Life Sciences, Vroom
Vy Capital
Zomato, Coalition, Cerebras Systems, Urban Company, Upgrade, OfferUp, HZO, dYdX
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
ow - Sep, 15 2022
OfferUp adds job listings to its mobile marketplace, allowing users to search for work in appstartuparound - May, 6 2022
Tech Moves: Remitly CFO will step down; OfferUp hires former Kellogg exec; and morebizjournals - Jan, 20 2022
OfferUp hires Google, Amazon vet as CTObizjournals - Jan, 19 2022
OfferUp hires former Google, Amazon vet as CTOprnewswire - Jan, 12 2022
OfferUp Appoints Melissa Binde as Chief Technology Officerprnewswire - Nov, 8 2021
OfferUp Hires Melinda Starbird as Chief People and Diversity Officerdlvr - Jun, 28 2021
New OfferUp CEO Aims To Grow Commercial Side Of Local Commerce Platformstartuparound - Jun, 17 2021
OfferUp hires former Booking.com managing director Todd Dunlap as new CEOtrib - Apr, 23 2021
Illegal COVID vaccination cards sold online as ‘freedom cards’BizJournals - Apr, 19 2021
OfferUp remains in hiring mode after a big 2020KTVN - Apr, 19 2021
Nevada Attorney General Ford Urges OfferUp to Stop Sales of Fake Vaccination CardsAZ Central - Mar, 23 2021
Mesa teen killed during meetup with seller from OfferUp, says fatherALX Now - Jan, 7 2021
Alexandria Police Make Arrests in ‘OfferUp’ Car Theft InvestigationEcommerceBytes - Dec, 20 2020
OfferUp Offers Protection on Orders from Pro Sellerstechrseries - Nov, 9 2020
OfferUp and Ironhack Debut $250,000 Career Empowerment Scholarship to Improve Diversity in Techlaunchticker - Aug, 31 2020
OfferUp merges its secondhand goods marketplace with that of letgo, which OfferUpgeekwire - Jul, 20 2020
OfferUp hires Amazon Web Services and RealNetworks veteran Michael Eggers as CFOpymnts - May, 13 2020
COVID Creates A Seller’s Market In reCommercepymnts - May, 11 2020
OfferUp CEO: Reinventing Commerce One Local Seller At A TimeTech Crunch - Mar, 25 2020
Online marketplace OfferUp raises $120M, acquires top competitor letgoBusiness Insider - Mar, 20 2020
OfferUp, a Craigslist competitor, is removing all hand sanitizer, toilet paper, protective masks, and disinfecting products to discourage price-gouging during the coronavirus crisismarkets - Aug, 26 2019
OfferUp Expands To Second Engineering Office in Miami and Grows Technical Leadership Teamgeekwire - Jul, 18 2019
Mobile marketplace OfferUp adds ‘Hold Offers’ feature as it battles Craigslist, eBay and Facebookprnewswire - Jun, 11 2019
OfferUp Partners With Goodwill To Bring Secondhand Items To Millions Of Engaged Shoppers Across The USprnewswire - May, 22 2019
OfferUp's Community MeetUp Spots Program Grows to Nearly 1,900 Locations Across the U.S.Buffalo News - Apr, 13 2019
Teen sentenced to jail for using OfferUp app to commit robberyPYMNTS.com - Dec, 3 2018
How OfferUp Works To Safeguard Both Buyers And SellersPYMNTS.com - Nov, 30 2018
OfferUp CEO On Making Marketplace Authentication SmarterWSJ - Aug, 9 2018
OfferUp Raising $150 Million in Fresh CapitalPymnts - May, 1 2018
OfferUp Rolls Out Shipping OptionRecode - May, 1 2018
OfferUp went head to head with Craigslist to build a following. Now it’s going after eBay to build a business.pymnts - Dec, 8 2017
OfferUp Is Pushing Trust, But Will Users Buy In Light Of Incidents?geekwire - Nov, 16 2017
OfferUp tackles safety concerns with designated pick-up zones for exchanging itemsTechCrunch - Jan, 17 2017
Letgo raises whopping $175 million financing for its used goods marketplaceventurebeat - Sep, 8 2016
OfferUp raises $119 million to help people buy and sell stuff locallyEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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