Poshmark Overview
- Year Founded
-
2011
- Status
-
Acquired/Merged
- Employees
-
800
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$1.78B
Poshmark General Information
Description
Operator of a secondhand clothing marketplace intended to help users buy, sell and share their personal fashion items online. The company platform is intended for women, men, kids, home, electronics, pets, handbags, shoes, jewelry and accessories, thereby helping customers create sustainable choices for their needs through the option of reselling and buying.
Contact Information
Website
www.poshmark.com(Operating Subsidiary)
Corporate Office
- 203 Redwood Shores Parkway
- 8th Floor
- Redwood City, CA 94065
- United States
Corporate Office
- 203 Redwood Shores Parkway
- 8th Floor
- Redwood City, CA 94065
- United States
Poshmark Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Merger/Acquisition | 05-Jan-2023 | $1.78B | Completed | Profitable | ||
7. IPO | 14-Jan-2021 | Completed | Profitable | |||
6. Later Stage VC | 19-Nov-2019 | Completed | Generating Revenue | |||
5. Later Stage VC (Series D) | 14-Nov-2017 | Completed | Generating Revenue | |||
4. Later Stage VC (Series D) | 13-Apr-2016 | Completed | Generating Revenue | |||
3. Later Stage VC (Series C) | 21-Apr-2015 | Completed | Generating Revenue | |||
2. Early Stage VC (Series B) | 04-Dec-2012 | $12.5M | $16M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | 01-Feb-2011 | $3.52M | $3.52M | Completed | Startup |
Poshmark Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series C1 | ||||||||
Series C | ||||||||
Series B1 | ||||||||
Series B | 9,127,794 | $0.000100 | 8% | $1.37 | $1.37 | 1x | $1.37 | 12.23% |
Series A | 9,482,060 | $0.000100 | 8% | $0.37 | $0.37 | 1x | $0.37 | 12.7% |
Poshmark Comparisons
Industry
Financing
Details
Poshmark Competitors (13)
One of Poshmark’s 13 competitors is Vinted, a Venture Capital-Backed company based in Vilnius, Lithuania.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Vinted | Venture Capital-Backed | Vilnius, Lithuania | ||||
Stitch Fix | Formerly VC-backed | San Francisco, CA | ||||
Rebag | Venture Capital-Backed | New York, NY | ||||
Moda Operandi | Venture Capital-Backed | New York, NY | ||||
Nasty Gal | Corporate Backed or Acquired | Manchester, United Kingdom |
Poshmark Patents
Poshmark Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20200387302-A1 | Attribution of response to multiple channels | Active | 05-Jun-2019 | ||
US-11263660-B2 | Attribution of response to multiple channels | Active | 05-Jun-2019 | ||
US-11972454-B1 | Attribution of response to multiple channels | Active | 05-Jun-2019 | ||
US-20180309843-A1 | Managing content of virtual containers | Inactive | 25-Apr-2017 | ||
US-10055777-B1 | Real-time user generated virtual shopping parties | Active | 15-Mar-2013 | G06Q30/0631 |
Poshmark Signals
Poshmark Former Investors (44)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
ACME Capital | Venture Capital | Minority | ||
Adam Schwartz | Angel (individual) | Minority | ||
Ashton Kutcher | Angel (individual) | Minority | ||
Aslanoba Capital | Venture Capital | Minority | ||
Brian Dexheimer | Angel (individual) | Minority |
Poshmark Acquisitions (3)
Poshmark’s most recent deal was a Merger/Acquisition with Suede One for . The deal was made on 12-Oct-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Suede One | 12-Oct-2021 | Merger/Acquisition | Application Software | ||
Premium Garage Sale | 01-Jan-2021 | Merger/Acquisition | Specialty Retail | ||
TotSpot | 01-Jul-2016 | Merger/Acquisition | Other Services (B2C Non-Financial) |
Poshmark ESG
Risk Overview
Risk Rating
Updated April, 03, 2024
15.08 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,048
Rank
Percentile
Retailing
Industry
of 509
Rank
Percentile
Retail Apparel
Subindustry
of 81
Rank
Percentile
Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Suede One | New York, NY | 2020 |
Poshmark FAQs
-
When was Poshmark founded?
Poshmark was founded in 2011.
-
Where is Poshmark headquartered?
Poshmark is headquartered in Redwood City, CA.
-
What is the size of Poshmark?
Poshmark has 800 total employees.
-
What industry is Poshmark in?
Poshmark’s primary industry is Internet Retail.
-
Is Poshmark a private or public company?
Poshmark is a Private company.
-
What is the current valuation of Poshmark?
The current valuation of Poshmark is
. -
What is Poshmark’s current revenue?
The current revenue for Poshmark is
. -
How much funding has Poshmark raised over time?
Poshmark has raised $437M.
-
Who are Poshmark’s investors?
ACME Capital, Adam Schwartz, Ashton Kutcher, Aslanoba Capital, and Brian Dexheimer are 5 of 44 investors who have invested in Poshmark.
-
Who are Poshmark’s competitors?
Vinted, Stitch Fix, Rebag, Moda Operandi, and Nasty Gal are some of the 13 competitors of Poshmark.
-
When was Poshmark acquired?
Poshmark was acquired on 05-Jan-2023.
-
Who acquired Poshmark?
Poshmark was acquired by Naver.
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 »