Acquired
Letgo Stock
Letgo is a second-hand shopping app that helps users buy and sell locally.
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About Letgo Stock
With over 100M downloads and 400M listings, Letgo is a fast growing app that enables buying and selling locally. Letgo’s marketplace is filled with everything from electronics, cars and collectibles to housing, clothing and furniture. With innovative features like image recognition, video listings and Letgo Reveal, the free app makes it easy to list what you don’t need and find great deals nearby on anything you do. Listing something is as simple as taking a photo because Letgo’s technology automatically suggests a title, price and category. Letgo was founded in 2015 by Alec Oxenford and Jordi Castello, with cofounder Enrique Linares joining soon after.
Investors
Insight Venture Partners
Delivery Hero, Letgo, Twitter, Automattic, Papaya Global, Tintri, HelloFresh, Wiz, Tenable Network Security, Inc., Udemy
New Enterprise Associates
Robinhood, Databricks, Jet, TAE Technologies, Scopely, Bloom Energy, Opendoor, Radiology Partners, DataRobot, Tempus
Naspers
Funding History
September 2015 | $100M |
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May 2016 | $100M |
January 2017 | $175M |
September 2017 | $100M |
August 2018 | $500M |
Management
Co-Founder
Jordi Castello
Co-founder
Enrique Linares
Co-founder
Alec Oxenford
COO
Alberto Cuevas
Press
TechCrunch - Mar, 25 2020
Online marketplace OfferUp raises $120M, acquires top competitor letgoWall Streets Journal - Aug, 8 2018
Letgo Receives $500 Million More From NaspersTechCrunch - Aug, 8 2018
LetGo, the 2nd-hand shopping app, raises another $500M at over a $1.5B valuationNew York Business Journal - Jul, 26 2018
Letgo introduces video tool to secondhand market appTechCrunch - Jul, 26 2018
Secondhand marketplace letgo expands into video listings