OfferUp

OfferUp IPO

$1.54B
Series D Valuation, Mar 2020
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Company Details

OfferUp was founded in 2011 by Arean van Veelen and Nick Huzar. The company has not publicly endorsed plans to participate in an IPO.

OfferUp is an online customer to customer marketplace where users can sell used furniture, appliances, and more. In 2020, the company acquired Letgo, another C2C marketplace. OfferUp has sought to differentiate itself from other similar platforms by including user profiles and ratings, along with a more modern interface. The company has raised more than $380 million in venture capital funding from investors including Andreessen Horowitz, Warburg Pincus, and OLX Group. OfferUp declined to disclose valuation figures following a $120 million fundraising round in 2020.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Subsector
Founded
2011
Headquarters
Bellevue, WA, United States
Forge Price 1
Price not yet available
Post-Money Valuation 3
$1.54B
Total Funding
$374.7MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series D

Learn More About OfferUp

To invest in OfferUp pre-IPO

Can you invest in OfferUp pre-IPO?

OfferUp is a privately held company and is not publicly traded, therefore investing in OfferUp pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of OfferUp before it goes public?

You can seek to sell your shares in OfferUp while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my OfferUp shares?

To determine the value of your OfferUp shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your OfferUp shares. You can also learn more about how to sell your private shares before getting started.

Is OfferUp a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about OfferUp potential IPO

Will OfferUp go IPO?

OfferUp has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is OfferUp’s IPO price?

The OfferUp IPO price does not exist at this time, as OfferUp is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to OfferUp register for Forge Markets, today.

When was OfferUp founded?

OfferUp was founded in 2011.

What is OfferUp funding to date?

OfferUp has raised $374.7MM to date.
OfferUp Major Investors
Jackson Square Ventures
Ggv Capital
Altimeter Capital Management
Tiger Global Management
Triplepoint Venture Growth
Third Kind Venture Capital
T. Rowe Price
Several Individual Investors
Warburg Pincus
Allen & Company
The Gramercy Fund
Alliance Of Angels
Andreessen Horowitz
Coatue
Coatue Management
Olx
Vy Capital
Sequoia Capital

OfferUp Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
03/25/2020 Series D $151MM $xx.xx $1.54B Andreessen Horowitz, Ggv Capital, Olx, Triplepoint Venture Growth, Warburg Pincus
Price per Share
$xx.xx
Shares Outstanding
22,543,335
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Ggv Capital, Olx, Triplepoint Venture Growth, Warburg Pincus
08/26/2016 Series C-1 $130MM $xx.xx $1.28B Altimeter Capital Management, Andreessen Horowitz, Coatue Management, Ggv Capital, T. Rowe Price, Vy Capital, Warburg Pincus
Price per Share
$xx.xx
Shares Outstanding
19,408,171
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital Management, Andreessen Horowitz, Coatue Management, Ggv Capital, T. Rowe Price, Vy Capital, Warburg Pincus
03/06/2015 Series C $73.4MM $xx.xx $815.25MM Allen & Company, Alliance Of Angels, Andreessen Horowitz, Coatue Management, Jackson Square Ventures, Third Kind Venture Capital, Tiger Global Management, T. Rowe Price, Vy Capital
Price per Share
$xx.xx
Shares Outstanding
14,741,420
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Alliance Of Angels, Andreessen Horowitz, Coatue Management, Jackson Square Ventures, Third Kind Venture Capital, Tiger Global Management, T. Rowe Price, Vy Capital
07/01/2014 Series B $15.2MM $xx.xx $67.1MM Andreessen Horowitz, Jackson Square Ventures, The Gramercy Fund
Price per Share
$xx.xx
Shares Outstanding
33,811,550
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Jackson Square Ventures, The Gramercy Fund
07/26/2013 Series A $4.02MM $xx.xx $13.25MM Alliance Of Angels, Jackson Square Ventures, Several Individual Investors
Price per Share
$xx.xx
Shares Outstanding
28,895,780
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alliance Of Angels, Jackson Square Ventures, Several Individual Investors
07/26/2013 Series A-1 $958,331.00 $xx.xx $15MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
6,884,560
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sequoia Capital
07/26/2013 Series A-2 $121,435.00 $xx.xx $16MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
6,979,050
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sequoia Capital
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CerebrasCerebras$36.58+0.03%$xx.xxSeries F-1$2.84B$xx.xx$85MM
CoreWeaveCoreWeave$1,200.00+4.36%$xx.xxSeries C$19B$xx.xx$1.15B
ChimeChime$26.50+6.6%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$447.67+20.99%$xx.xxUnknown------
Liquid DeathLiquid Death$9.49+0.21%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CircleCircle$25.50+3.2%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$12.03+8.67%$xx.xxSeries H$7.5B$xx.xx$300MM
CohesityCohesity$15.66-2.12%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
SheinShein----$xx.xx--------
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Updated on: Feb 13, 2025

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