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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..
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Key Metrics
Founded Year
2005
Location
Stage
Acquired
Investors
Ranked
Employee Count
246 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Themarketherald (Aug 26, 2022)

Gumtree's acquisition details

Gumtree got acquired by Themarketherald on Aug 26, 2022.
Click here to take a look at Gumtree's acquisition in detail
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Gumtree's funding and investors

Gumtree is a funded company. Gumtree has 1 institutional investor.

Gumtree's founders and board of directors

Founder? Claim Profile
The founders of Gumtree are Michael Pennington and Simon Crookall.
Here are the details of Gumtree's key team members:

Gumtree's employee count trend

Gumtree has 246 employees as of May 26. Here is Gumtree's employee count trend over the years:
Employee count trend for Gumtree
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wallapop
Wallapop
2013, Barcelona (Spain), Acquired
App-based marketplace and classified platform for multi-category products
$371M
82/100
2nd
Logo for 58City
58City
2005, Beijing (China), Acquired
Online second-hand listing platform offering multi-category products and services
$141M
69/100
3rd
Logo for Karrot
Karrot
2015, Seoul (South Korea), Series D
Online retailer of used and new goods across multiple categories
$205M
67/100
4th
Logo for Gumtree
Gumtree
2005, London (United Kingdom), Acquired
Online Classified Ads and Community Site
-
65/100
5th
Logo for Village
Village
2015, London (United Kingdom), Seed
Mobile based P2P horizontal listing platform
-
54/100
6th
Logo for Craigslist
Craigslist
1995, San Francisco (United States), Late Stage
Network providing classified advertisements and forums for various categories and needs
-
50/100
7th
Logo for Paperclip
Paperclip
2014, London (United Kingdom), Seed
App first location based horizontal classified platform for used goods
$1.94M
48/100
8th
Logo for Haz
Haz
2023, London (United Kingdom), Seed
Online platform offering second-hand multi-category consumer products
$1.4M
33/100
9th
Logo for Noticed
Noticed
2012, Basingstoke (United Kingdom), Seed
Online listing platform for buying and selling pre-loved items
$1.82M
32/100
10th
Logo for Used.ca
Used.ca
2006, Victoria (Canada), Public
Online classified marketplace platform for multi-category used products
-
-
28/100
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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)
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Reports related to Gumtree

Here is the latest report on Gumtree's sector:

News related to Gumtree

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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.
Orbex appoints new CEO Phillip Chambersstamparein3d.itJan 09, 2024Orbex, Gumtree
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