OfferUp

OfferUp Overview

Founded 2011
Founded
Status Private
Employees 280
Employees
Latest Deal Type Later Stage VC
Latest Deal Amount $120M
Latest Deal Amount
Investors 27

OfferUp General Information

Description

Provider of an online shopping platform designed to offer a simple way to buy and sell locally. The company's platform provides tons of deals on products, instantly send messages to sellers as well as sell a product which user owns by using phones or tablets and browse local items with new postings daily, enabling customers to sell items easily and post for sale to their friends, followers and people nearby.

Contact Information

Website
Formerly Known As
iDeal Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Internet Retail
Other Industries
Social/Platform Software
Primary Office
  • 227 Bellevue Way NorthEast
  • Suite 57
  • Bellevue, WA 98004
  • United States

OfferUp Timeline

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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OfferUp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 25-Mar-2020 $120M 00000 Completed Generating Revenue
5. Later Stage VC (Series D1) 09-Aug-2018 0000 00000 00.000 Completed Generating Revenue
4. Later Stage VC (Series C1) 16-Nov-2016 00000 00000 00.000 Completed Generating Revenue
3. Later Stage VC (Series C) 05-Mar-2015 000.00 0000 00000 Completed Startup
2. Early Stage VC (Series B) 06-Jun-2014 $15.2M $18.5M 000.00 Completed Startup
1. Early Stage VC (Series A) 26-Jul-2013 $3.3M $3.3M 000.00 Completed Startup

OfferUp Cap Table

To view OfferUp‘s complete cap table, request access »
Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D 00,000,000 00.000000 00.0 00.0 00.0 00 00.0 0.000
Series C1 00,000,000 00.000000 00.0 00.0 00.0 00 00.0 0.000
Series C 00,000,000 00.000000 00.0 00.00 00.00 00 00.00 0.000
Series B 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A2 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A1 6,884,560 $0.000010 $0.01 $0.14 $0.14 1x $0.14 3.32%
Series A 28,805,990 $0.000010 $0.01 $0.14 $0.14 1x $0.14 13.93%

OfferUp Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Wallapop Venture Capital-Backed Barcelona, Spain 000 00000 0000000000 0 00000
00000 Formerly VC-backed New York, NY 000 00000 000000&0 00000
000000 Venture Capital-Backed Beijing, China 00 0000 0000000000 0 0000
0000000 Formerly VC-backed Palo Alto, CA 0000 00000 00000000 00000
00000000 Venture Capital-Backed Redwood City, CA 000 00000 0000000000 0 00000

OfferUp Executive Team (18)

Name Title Board Seat Contact Info
Nick Huzar Co-Founder, Board Member & Chief Executive Officer
Ian Fliflet Executive Officer & Interim Chief Financial Officer
Bill Carr Chief Operating Officer
Ameesh Paleja Chief Technology Officer
Michael Neu Senior Principal Product Manager

9 Former Executives

OfferUp Board Members (8)

To view OfferUp‘s full board member team, request access »
Name Representing Role Since
Darrell Cavens Self Board Member 000 0000
Dinesh Moorjani Self Board Member 000 0000
Jeffrey Jordan Andreessen Horowitz Board Member 000 0000
Joshua Breinlinger Jackson Square Ventures Board Member 000 0000
Justin Sadrian Warburg Pincus Board Member 000 0000

OfferUp Investors (27)

To view OfferUp‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
OLX Corporation Minority 000 0000 000000 0
TriplePoint Venture Growth Venture Capital Minority 000 0000 000000 0
Altimeter Capital Management Venture Capital Minority 000 0000 000000 0
Comcast Ventures Corporate Venture Capital Minority 000 0000 000000 0
GGV Capital Venture Capital Minority 000 0000 000000 0

OfferUp Acquisitions (1)

To view OfferUp‘s complete investment and acquisition history, request access »
Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 25-Mar-2020 000000000000000000 00000 Internet Retail 0000 00000

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OfferUp Subsidiaries (1)

Company Name Industry Location Founded
00000 Internet Retail New York, NY 0000