offerupnow.comConsumer & Lifestyle / E-commerceFounded: 2011Funding to Date: $374.7MM
OfferUp is an online marketplace designed for the localized buying and selling of goods across categories. With the OfferUp mobile app, users can list and search for products and communicate with local sellers. OfferUp was founded in 2010 by Nick Huzar and Arean Van Veelen and is headquartered in Bellevue, WA.
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
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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
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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
|
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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
|
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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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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
|
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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
|
Second-hand shopping is one of the hottest growing categories in retail. And this trend is benefiting several private companies who are taking a decidedly digital approach to the so-called “recommerce” market.