OfferUp Overview
- Founded
-
2010

- Status
-
Private
- Employees
-
500

- Latest Deal Type
-
Series F
- Latest Deal Amount
-
$453M
- Investors
-
33
OfferUp General Information
Description
Developer of an online selling platform designed to offer a simple way to buy and sell locally. The company's platform provides various deals on products, instantly sends messages to sellers and sells a product that user owns through phones or tablets, and browse local items with new postings daily, enabling customers to easily negotiate the price and set up a time to meet.
Contact Information
Website
about.offerup.com
Formerly Known As
iDeal Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Other Services (B2C Non-Financial)
Primary Office
- 1745 114th Avenue South East
- Suite 100
- Bellevue, WA 98004-6906
- United States
+1 (206) 000-0000
OfferUp Timeline
OfferUp Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC (Series F) | 01-Jul-2020 | $453M | 00000 | Completed | Generating Revenue | |
7. Later Stage VC (Series F) | 25-Mar-2020 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
6. Later Stage VC (Series D) | 09-Aug-2018 | 0000 | 00000 | 00.000 | Completed | Generating Revenue |
5. Later Stage VC (Series C1) | 16-Nov-2016 | 00000 | 00000 | 00.000 | Completed | Generating Revenue |
4. Later Stage VC (Series C) | 10-Mar-2015 | 0000 | 000.00 | 00000 | Completed | Startup |
3. Early Stage VC (Series B) | 06-Jun-2014 | 000.00 | 000.00 | 000.00 | Completed | Startup |
2. Early Stage VC (Series A) | 26-Jul-2013 | $3.3M | $3.68M | 000.00 | Completed | Startup |
1. Early Stage VC (Series A) | 01-May-2012 | $385K | $385K | 00.000 | Completed | Startup |
OfferUp Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series F | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series E-D | 0,000,000 | 00.000000 | 00.0 | 00.00 | 00.0 | 00 | 00.00 | 00 |
Series E-C-1 | 00,000,000 | 00.000000 | 00.0 | 00.00 | 00.0 | 00 | 00.00 | 00 |
Series E-C | 0,000,000 | 00.000000 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 00 |
Series E-B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00 |
Series E-A-2 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00 |
Series E-A-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00 |
Series E-A | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00 |
Series D | 6,031,471 | $0.000010 | $0.4 | $3.78 | $6.7 | 1x | $3.78 | 1.68% |
Series C1 | 19,408,171 | $0.000010 | $0.4 | $4.59 | $6.7 | 1x | $4.59 | 5.42% |
OfferUp Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of an online selling platform designed to offer a simple way to buy and sell locally. The company's platform p
Application Software
Bellevue, WA
500
As of 2022
00000
00000000000
00000
OfferUp Competitors (20)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Wallapop | Formerly VC-backed | Barcelona, Spain | 000 | 000.00 | 00000000000 | 000.00 |
00000 | Formerly VC-backed | New York, NY | 000 | 00000 | 000000&0 | 00000 |
000000 | Corporation | San Jose, CA | 00 | |||
000 | Formerly VC-backed | Amsterdam, Netherlands | 0000 | 000.00 | 000000&0 | 000.00 |
00000000 | Private Equity-Backed | Redwood City, CA | 000 | 000.00 | 000000000 - |
OfferUp Patents
OfferUp Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-3308335-A1 | Systems, methods, and devices for computer-based local transactions | Inactive | 12-Jun-2015 | 00000000000 | |
EP-3308335-A4 | Systems, methods, and devices for computer-based local transactions | Inactive | 12-Jun-2015 | 00000000000 | 0 |
FR-2955526-A1 | Waste i.e. industrial waste, compaction machine for use in factory, has endless screw provided with shaft that is in contact with double thrust bearing and reducer, where reducer is associated with reversible rotating driving system | Active | 27-Jan-2010 | 0000000000 | 0 |
FR-2955526-B1 | Improved waste compaction machine | Active | 27-Jan-2010 | B30B9/3082 |
OfferUp Executive Team (25)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Todd Dunlap | Chief Executive Officer & Board Member | ||
Nick Huzar | Co-Founder, Chief Product Officer & President | ||
Michael Eggers | Chief Financial Officer | ||
Melissa Binde | Chief Technology Officer | ||
Michael Neu | Senior Principal Product Manager |
OfferUp Board Members (11)
Name | Representing | Role | Since |
---|---|---|---|
Alec Oxenford | OLX | Board Member | 000 0000 |
Ariel Lebowits | OLX | Board Member | 000 0000 |
Hans Tung | GGV Capital | Board Observer | 000 0000 |
Jeffrey Jordan | Andreessen Horowitz | Board Member | 000 0000 |
Justin Sadrian | Warburg Pincus | Board Member | 000 0000 |
OfferUp Signals
OfferUp Investors (33)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
369 Growth Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Akkadian Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Spur Capital Partners | Fund of Funds | Minority | 000 0000 | 000000 0 | |
OLX | Corporation | Minority | 000 0000 | 000000 0 | |
Charles Fitzgerald | Angel (individual) | Minority | 000 0000 | 000000 0 |
OfferUp Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
00000 | 25-Mar-2020 | 0000000000 | Other Services (B2C Non-Financial) | 0000 0000 |
OfferUp Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
00000 | Other Services (B2C Non-Financial) | New York, NY | 0000 |