Gumtree - About the company
Gumtree is an acquired company based in London (United Kingdom), founded in 2005 by Michael Pennington and Simon Crookall. It operates as an Online Classified Ads and Community Site. The company has 63 active competitors, including 6 funded and 6 that have exited. Its top competitors include companies like Wallapop, 58City and Karrot.
Company Details
GumTree is an online classified ads and community site that provides users with a platform to find and advertise rooms, flats, and houses. It also offers a notice board to sell items online as well as space to chat with friends. GumTree serves customers in the United Kingdom, Ireland, Poland, Australia, New Zealand, and South Africa. GumTree.com Limited was founded in 2000 and is based in London, United Kingdom. It operates as a subsidiary of eBay Inc..
- Website
- www.gumtree.com/
Key Metrics
Founded Year
2005
Location
London, United Kingdom
Stage
Acquired
Investors
Ranked
4th among 63 active competitors
Employee Count
246 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Themarketherald (Aug 26, 2022)
Legal entities associated with Gumtree
Gumtree is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GUMTREE.COM LIMITED CIN: 3934849 , Germany, Active | Feb 27, 2000 | - | 163 (As on Dec 31, 2021) |
Gumtree's acquisition details
Gumtree got acquired by Themarketherald on Aug 26, 2022.
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Gumtree's funding and investors
Gumtree is a funded company. Gumtree has 1 institutional investor.
View details of Gumtree's funding rounds and investors
Gumtree's founders and board of directors
Founder? Claim ProfileThe founders of Gumtree are Michael Pennington and Simon Crookall.
Here are the details of Gumtree's key team members:
- Michael Pennington: Founder of Gumtree and founder of 2 other companies, Gumtree and Gumtree. They are also an angel investor in 26 startups.
- Simon Crookall: Founder of Gumtree.
View details of Gumtree's Founder profiles and Board Members
Gumtree's employee count trend
Gumtree has 246 employees as of May 26. Here is Gumtree's employee count trend over the years:
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Gumtree's Competitors and alternates
Top competitors of Gumtree include Wallapop, 58City and Karrot. Here is the list of Top 10 competitors of Gumtree, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based marketplace and classified platform for multi-category products | $371M | 82/100 | ||
2nd | Online second-hand listing platform offering multi-category products and services | $141M | 69/100 | ||
3rd | Karrot 2015, Seoul (South Korea), Series D | Online retailer of used and new goods across multiple categories | $205M | 67/100 | |
4th | Gumtree 2005, London (United Kingdom), Acquired | Online Classified Ads and Community Site | - | 65/100 | |
5th | Village 2015, London (United Kingdom), Seed | Mobile based P2P horizontal listing platform | - | 54/100 | |
6th | Craigslist 1995, San Francisco (United States), Late Stage | Network providing classified advertisements and forums for various categories and needs | - | 50/100 | |
7th | Paperclip 2014, London (United Kingdom), Seed | App first location based horizontal classified platform for used goods | $1.94M | 48/100 | |
8th | Haz 2023, London (United Kingdom), Seed | Online platform offering second-hand multi-category consumer products | $1.4M | 33/100 | |
9th | Noticed 2012, Basingstoke (United Kingdom), Seed | Online listing platform for buying and selling pre-loved items | $1.82M | 32/100 | |
10th | Online classified marketplace platform for multi-category used products | - | - | 28/100 |
Looking for more details on Gumtree's competitors? Click here to see the top ones
Gumtree's Investments and acquisitions
Gumtree has made 1 investment in HouseME and acquired Autotrader and Carsguide.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 30, 2020 | Acquisition | 1998 | Atlanta (United States) | |
Apr 30, 2020 | Acquisition | 2011 | Sydney (Australia) | |
Dec 11, 2018 | Investments | 2015 | Cape Town (South Africa) |
Reports related to Gumtree
Here is the latest report on Gumtree's sector:
News related to Gumtree
Media has covered Gumtree for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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Gumtree partners with ShipStation to enable delivery for usersDirect Commerce•Dec 09, 2025•Gumtree, ShipStation
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Gumtree to boost job ads sector with uWorkin partnershipThe Market Online•Sep 16, 2024•Gumtree, uWorkin
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