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OfferUp

OfferUp

OfferUp provides a mobile application for local buy and sell.

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Timeline

March 25, 2020

OfferUp announces it's raising $120 million in a new round of funding led by competiting marketplace letgo's majority investor, OLX Group, and others.

September 8, 2016

OfferUp raises a $119,000,000 series C round from T. Rowe Price, Warburg Pincus, Altimeter Capital, GGV Capital and Andreessen Horowitz.

Funding rounds

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Investment
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People

Name
Role
LinkedIn

Arean van Veelen

Co-Founder

Nick Huzar

Co-Founder

Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Sarah Perez
March 25, 2020
TechCrunch
OfferUp, a top online and mobile marketplace app, announced this morning it's raising $120 million in a new round of funding led by competiting marketplace letgo's majority investor, OLX Group, and others. As a part of the deal, OfferUp will also be acquiring letgo's classified business, with OLX Group gaining a 40% stake in the [...]
Kim Komando
February 21, 2020
Fox News
When it comes to selling things you no longer need, Craigslist is the go-to place for many people. But we've all heard the horror stories about Craigslist. It's a reason why many local police departments let you conduct transactions in their facilities.

References