OfferUp Overview

  • Founded
  • 2011
Founded
  • Status
  • Private
  • Employees
  • 474
Employees
  • Latest Deal Type
  • Series F
  • Latest Deal Amount
  • $453M
Latest Deal Amount
  • Investors
  • 30

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

Formerly Known As
iDeal Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Internet Retail
Other Industries
Application Software
Other Services (B2C Non-Financial)
Primary Office
  • 1745 114th Avenue SouthEast
  • Suite 100
  • Bellevue, WA 98004
  • United States
+1 (206) 000-0000

OfferUp Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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OfferUp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series F) 01-Jul-2020 $453M 00000 Completed Generating Revenue
6. Later Stage VC (Series F) 25-Mar-2020 00000 00000 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) 10-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
To view OfferUp’s complete valuation and funding history, request access »

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%
To view OfferUp’s complete cap table history, request access »

OfferUp Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an online selling platform designed to offer a simple way to buy and sell locally. The company's platform p
Internet Retail
Bellevue, WA
474 As of 2022
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00000 00000000 (000 000-000000000)
Barcelona, Spain
000 As of 0000
00000
0&0 00000

000000

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00000000000 00000000
Beijing, China
00 As of 0000
0000
0000000000 0 0000
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OfferUp Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Wallapop Formerly VC-backed Barcelona, Spain 000 00000 0&0 00000
000000 Venture Capital-Backed Beijing, China 00 0000 0000000000 0 0000
00000 Formerly VC-backed New York, NY 000 00000 000000&0 00000
00000 Formerly VC-backed Karachi, Pakistan 00000 000.00 000000&0 000.00
0000000 Formerly VC-backed Palo Alto, CA 0000 00000 000000 - 000 00000
You’re viewing 5 of 17 competitors. Get the full list »

OfferUp Patents

OfferUp Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20190057373-A1 Systems, methods, and devices for computer-based local transactions Abandoned 12-Jun-2015 00000000000 0
EP-3308335-A4 Systems, methods, and devices for computer-based local transactions Withdrawn 12-Jun-2015 00000000000 0
EP-3308335-A1 Systems, methods, and devices for computer-based local transactions Withdrawn 12-Jun-2015 00000000000
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 Granted 27-Jan-2010 0000000000
FR-2955526-B1 Improved waste compaction machine Active 27-Jan-2010 B30B9/3082
To view OfferUp’s complete patent history, request access »

OfferUp Executive Team (23)

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
You’re viewing 5 of 23 executive team members. Get the full list »

OfferUp Board Members (13)

Name Representing Role Since
Alec Oxenford OLX Board Member 000 0000
Arean Van Veelen OfferUp Co-Founder, Board Member and Strategic Advisor 000 0000
Ariel Lebowits OLX Board Member 000 0000
Dinesh Moorjani Self Board Member 000 0000
Hans Tung GGV Capital Board Observer 000 0000
You’re viewing 5 of 13 board members. Get the full list »

OfferUp Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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OfferUp Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Akkadian Ventures Venture Capital Minority 000 0000 000000 0
OLX Corporation Minority 000 0000 000000 0
Charles Fitzgerald Angel (individual) Minority 000 0000 000000 0
TriplePoint Venture Growth BDC Venture Capital Minority 000 0000 000000 0
Altimeter Capital Management Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 30 investors. Get the full list »

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
To view OfferUp’s complete acquisitions history, request access »

OfferUp Subsidiaries (1)

Company Name Industry Location Founded
00000 Other Services (B2C Non-Financial) New York, NY 0000
To view OfferUp’s complete subsidiaries history, request access »