When was OfferUp founded?

OfferUp was founded in 2011 and became a unicorn in 2016, reaching the milestone in 5 years. It raised its 1st funding round 1 year after its incorporation.

Where is OfferUp located?

OfferUp is headquartered in Bellevue, United States. It is registered at Bellevue, Washington.

Which legal entities is OfferUp associated with?

OfferUp is associated with OFFERUP INC. and 1 other.

How many employees does OfferUp have?

As of Jul 31, 2026, the latest employee count at OfferUp is 336.

Is OfferUp a funded company?

OfferUp is a funded company, having raised a total of $786M across 9 funding rounds to date. The company's 1st funding round was a $385K Seed round, raised on Feb 14, 2012.

How much is OfferUp worth?

The latest valuation of OfferUp is $1.4B as of Jul 01, 2020.

When was the latest funding round of OfferUp?

OfferUp's latest funding was a $453M Series F round on Jul 01, 2020, with participation from 3 investors.

Is OfferUp a Horizontal E-Commerce company?

The primary sector of OfferUp is Horizontal E-Commerce.

Where does OfferUp rank among its competitors?

OfferUp ranks 4th amongst 141 active competitors, of which 15 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was REBEL, which secured $25M in Nov, 2025.

Who are the top competitors of OfferUp?

OfferUp's top competitors include Mercari, Olx and Uniswap. Among them, REBEL secured the most recent funding round in November, 2025.

OfferUp - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that OfferUp operate in

OfferUp serves in the Retail market segments.The primary business model of OfferUp is:

Retail > Horizontal E-Commerce > ***** **** > ***** ******

Company Details

OfferUp is a peer-to-peer mobile listing platform for users to buy and sell used items locally. The app has an inbuilt messaging platform that lets buyers and sellers communicate before making the transaction offline. Both buyers and sellers are required to provide information, such as their driver’s licenses to ensure safe transactions. As of Sept. 2016, the company was experimenting with monetization models such as charging sellers for premium listings. The company was valued at more than $1billion in Sept. 2016.

Website: offerup.com
Social
Registered Address: Bellevue, Washington

Key Metrics

Founded Year

2011

Location

Bellevue, United States

Stage

Series F

Total Funding

$786M in 9 rounds

Latest Funding Round

Series F, Jul 01, 2020, $453M

Post Money Valuation

$1.4B as on Jul 01, 2020

Investors

Andreessen Horowitz & 26 more

Ranked

4^th among 141 active competitors

Employee Count

336 as on Jul 31, 2026

Similar Companies

Olx & 964 more

View OfferUp's full profile

OfferUp is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OFFERUP INC. CIN: 32091779994 , United States, Active	Sep 19, 2023	-	204 (As on Dec 31, 2024)	-
OFFERUP, INC CIN: 800645073 , United States, Active	Dec 31, 1999	-	204 (As on Dec 31, 2024)	-

OfferUp has raised a total funding of $786M over 9 rounds. Its first funding round was on Feb 14, 2012. Its latest funding round was a Series F round on Jul 01, 2020 for $453M. 3 investors participated in its latest round. OfferUp has 26 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of OfferUp:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2020	$453M	Series F	$1.4B	-	Olx Group	Andreessen Horowitz, Warburg Pincus
Jul 25, 2018	$39M	Series E	-	-	-	-
Nov 16, 2016	$11M	Angel	$1B	-	-	-

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View details of OfferUp's funding rounds and investors

The founders of OfferUp are Nick Huzar and Arean Van Veelen.

Here are the details of OfferUp's key team members:

Nick Huzar: Co-Founder of OfferUp.
Arean Van Veelen: Co-Founder of OfferUp.

View details of OfferUp's Founder profiles and Board Members

OfferUp's employee count trend

OfferUp has 336 employees as of Jul 26. Here is OfferUp's employee count trend over the years:

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Top competitors of OfferUp include Mercari, Olx and Uniswap. Here is the list of Top 10 competitors of OfferUp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mercari 2013, Minato City (Japan), Public	Online marketplace platform for used multi-category products	$114M	ITV, Mitsui & 10 others	85/100
2nd	Olx 2006, Hoofddorp (Netherlands), Acquired	International online classifieds	$28.5M	PROSPER, General Catalyst & 6 others	84/100
3rd	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Andreessen Horowitz, Polychain & 50 others	79/100
4th	OfferUp 2011, Bellevue (United States), Series F	P2P mobile listing platform for household goods	$786M	T. Rowe Price, Harmony Venture Partners & 25 others	75/100
5th	58City 2005, Beijing (China), Acquired	Online second-hand listing platform offering multi-category products and services	$141M	Access Industries, Herald Investment Management ... & 12 others	69/100
6th	Karrot 2015, Seoul (South Korea), Series D	Online retailer of used and new goods across multiple categories	$205M	DST Global, SBVA & 13 others	67/100
7th	Letgo 2015, New York City (United States), Acquired	Online listing platform for multi-category second-hand goods	$975M	Naspers, Accel & 12 others	63/100
8th	Craigslist 1995, San Francisco (United States), Late Stage	Network providing classified advertisements and forums for various categories and needs	-	eBay	50/100
9th	5miles 2014, Dallas (United States), Series B	Online listing place for pre-owned products	$45M	SIG China, Morningside & 3 others	48/100
10th	REBEL 2019, Charlotte (United States), Series B	Online retailer of open-box and overstock products for everyday shopping	$25M	Maveron, MarcyPen	46/100