Letgo Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 201

Employees

  • Latest Deal Type
  • M&A

Letgo General Information

Description

Developer of a mobile platform designed to facilitate buying and selling of local goods. The company's platform uses image recognition capabilities to connect buyers and sellers and allows them to post an item for sale and create a custom advertisement, as well as chat instantly and privately, enabling users to get access to a marketplace for buying and selling used goods with minimal effort.

Contact Information

Website
www.letgo.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Ayazağa Mahallesi, Azerbaycan Caddesi
  • 2B Block Number 3K İç Kapı Number 13
  • Istanbul
  • Turkey
+90 0850
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Information Services (B2C)
Application Software
Specialty Retail
Parent Company
OfferUp
Vertical(s)
E-Commerce, Mobile Commerce, Mobile
Corporate Office
  • Ayazağa Mahallesi, Azerbaycan Caddesi
  • 2B Block Number 3K İç Kapı Number 13
  • Istanbul
  • Turkey
+90 0850

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Letgo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 25-Mar-2020 Completed Generating Revenue
7. Later Stage VC Completed Generating Revenue
6. Secondary Transaction - Private 01-May-2019 Completed Generating Revenue
5. Later Stage VC (Series E) 08-Aug-2018 Completed Generating Revenue
4. Later Stage VC (Series D) 28-Sep-2017 Completed Generating Revenue
3. Later Stage VC (Series C) 17-Jan-2017 Completed Generating Revenue
2. Early Stage VC 10-May-2016 $100M $200M Completed Generating Revenue
1. Early Stage VC (Series A) 03-Sep-2015 $100M $100M Completed Generating Revenue
To view Letgo’s complete valuation and funding history, request access »

Letgo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile platform designed to facilitate buying and selling of local goods. The company's platform uses ima
Other Services (B2C Non-Financial)
Istanbul, Turkey
201 As of 2021

Bellevue, WA
 

Singapore, Singapore
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Letgo Competitors (12)

One of Letgo’s 12 competitors is OfferUp, a Venture Capital-Backed company based in Bellevue, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OfferUp Venture Capital-Backed Bellevue, WA
Carousell Venture Capital-Backed Singapore, Singapore
Wallapop Venture Capital-Backed Barcelona, Spain
Style Alert Venture Capital-Backed San Juan, PR
Lyst Pending Transaction (M&A) London, United Kingdom
You’re viewing 5 of 12 competitors. Get the full list »

Letgo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Letgo Former Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
14W Venture Capital Minority
Accel Venture Capital Minority
BlackPine Group Venture Capital Minority
Bonsai Venture Capital Family Office Minority
Eight Roads Corporate Venture Capital Minority
You’re viewing 5 of 13 investors. Get the full list »

Letgo Investments & Acquisitions (2)

Letgo’s most recent deal was a Secondary Transaction - Private with Pilot Garage. The deal was made on 27-Jul-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Pilot Garage 27-Jul-2022 Secondary Transaction - Private Automotive
Wallapop (US operations) 12-May-2016 Merger/Acquisition Other Services (B2C Non-Financial)
To view Letgo’s complete investments and acquisitions history, request access »

Ready to get started?

Request a free trial

Letgo FAQs

  • When was Letgo founded?

    Letgo was founded in 2015.

  • Where is Letgo headquartered?

    Letgo is headquartered in Istanbul, Turkey.

  • What is the size of Letgo?

    Letgo has 201 total employees.

  • What industry is Letgo in?

    Letgo’s primary industry is Other Services (B2C Non-Financial).

  • Is Letgo a private or public company?

    Letgo is a Private company.

  • What is Letgo’s current revenue?

    The current revenue for Letgo is .

  • How much funding has Letgo raised over time?

    Letgo has raised $975M.

  • Who are Letgo’s investors?

    14W, Accel, BlackPine Group, Bonsai Venture Capital, and Eight Roads are 5 of 13 investors who have invested in Letgo.

  • Who are Letgo’s competitors?

    OfferUp, Carousell, Wallapop, Style Alert, and Lyst are some of the 12 competitors of Letgo.

  • When was Letgo acquired?

    Letgo was acquired on 25-Mar-2020.

  • Who acquired Letgo?

    Letgo was acquired by OfferUp.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »