Poshmark - About the company
Poshmark is an acquired company based in Redwood City (United States), founded in 2011 by Manish Chandra, Chetan Pungaliya and Gautam Golwala. It operates as an App based social marketplace platform offering multi-category used products. Poshmark has raised $203M in funding from investors like Mayfield, Menlo Ventures and Uncork Capital, with last known valuation of $*****. The company has 4 active competitors, including 1 that has exited. Its top competitors include companies like Shareitt, Joyla.uz and Weqasa.
Company Details
App based social marketplace platform offering multi-category used products. The product catalog includes fashion, beauty, home decor, and more from different brands. The mobile application is available for Android and iOS users.
- Website
- poshmark.com
- Social
- Email ID
- *****@poshmark.com
- Registered Address
- Redwood City, California
Key Metrics
Founded Year
2011
Location
Redwood City, United States
Stage
Acquired
Total Funding
$203M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jan 01, 2021
Ranked
1st among 4 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2021
Employee Count
2,937 as on Sep 30, 2026
Exit Details
Acquired by NAVER (Oct 03, 2022)
Legal entities associated with Poshmark
Poshmark is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
POSHMARK PTY LTD CIN: 643290662 , Australia, Active | Aug 06, 2020 | - | - | |
POSHMARK INDIA PRIVATE LIMITED CIN: U74900DL2013FTC253041 , India, Active | May 29, 2013 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 254 (As on Sep 30, 2024) | |
POSHMARK, INC. CIN: 1825480 , United States, Active | Dec 26, 999 | $100M - $500M (As on Dec 31, 2021) | 490 (As on Dec 31, 2024) | - |
Poshmark's acquisition details
Poshmark got acquired by NAVER on Oct 03, 2022.
Click here to take a look at Poshmark's acquisition in detail
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Poshmark's funding and investors
Poshmark has raised a total funding of $203M over 6 rounds. Its first funding round was on Feb 01, 2011. Its latest funding round was a Series E round on Nov 14, 2017 for $*****. 8 investors participated in its latest round. Poshmark has 28 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Poshmark:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 14, 2017 | 7965057 | Series E | 9295526 | 7571500 | 8925505 | 1061798 |
Aug 16, 2017 | 5042514 | Series D | 3506977 | 1115414 | 5521498 | |
Apr 13, 2016 | 6960218 | Series C | 2820877 | 5507997 |
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Poshmark's founders and board of directors
Founder? Claim ProfileThe founders of Poshmark are Manish Chandra, Chetan Pungaliya and Gautam Golwala. Manish Chandra is the CEO of Poshmark.
Here are the details of Poshmark's key team members:
- Manish Chandra: Co-Founder & CEO of Poshmark and founder of 1 other company. They are also an angel investor in 8 startups and serve on the board of 1 company.
- Chetan Pungaliya: Co-Founder of Poshmark and founder of 2 other companies, Inhale Digital and Kaboodle.
- Gautam Golwala: Co-Founder of Poshmark.
View details of Poshmark's Founder profiles and Board Members
Poshmark's employee count trend
Poshmark has 2,937 employees as of Sep 26. Here is Poshmark's employee count trend over the years:
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Poshmark's Competitors and alternates
Top competitors of Poshmark include Shareitt, Joyla.uz and Weqasa. Here is the list of Top 10 competitors of Poshmark, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Poshmark 2011, Redwood City (United States), Acquired | App based social marketplace platform offering multi-category used products | $203M | 82/100 | |
2nd | App based community marketplace offering multi-category pre-owned products | $2M | - | 42/100 | |
3rd |  Joyla.uz 2018, Uzbekistan, Unfunded | App-based community marketplace platform offering multi-category pre-used products | - | - | 35/100 |
4th | App-based community marketplace offering multi-category used products | - | - | 21/100 | |
5th | Online community based platform for selling multi-category used products | - | - | 15/100 | |
6th |  TagHawk 2018, Boston (United States), Deadpooled | App-based community marketplace offering multi-category used products | - | - | 15/100 |
7th |  DesAppGo 2020, Tempe (United States), Deadpooled | App-based community marketplace platform offering multi-category pre-used products | - | - | 15/100 |
8th | App-based community marketplace offering multi-category pre-used products | - | - | 15/100 | |
9th |  Baskkett 2020, New York City (United States), Deadpooled | App-based community & marketplace platform offering second hand products for college students | - | - | 14/100 |
10th |  Second Value Mart 2021, Seattle (United States), Deadpooled | Online community-based marketplace platform offering multi-category used products | - | - | 14/100 |
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Poshmark's Investments and acquisitions
Poshmark has acquired 2 companies including Suede One and TotSpot. Poshmark has not made any investments as of now.Reports related to Poshmark
Here is the latest report on Poshmark's sector:
News related to Poshmark
Filter this listMedia has covered Poshmark for a total of 7 events in the last 1 year, 4 of them have been about people movement and 2 about company updates.
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eBay Loses Longtime Seller & Consignment Partner Linda's Stuff To PoshmarkValue Added Resource•Aug 11, 2026•eBay, Linda's Stuff, Poshmark
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Poshmark Partners with LØREN for Exclusive Closet Drop and Interactive Live Shopping ExperienceCNW•May 28, 2026•Poshmark
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Poshmark appoints Heather Friedland as first chief product officerFashion Network•Oct 28, 2025•Poshmark
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Poshmark lowers shipping rates with USPS Ground Advantage partnershipSupply Chain Dive•Oct 01, 2025•Poshmark, USPS
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Uncork Capital Raises $300 Million for AI-Focused FundsPYMNTS.com•May 01, 2025•Uncork Capital, Poshmark, Fitbit
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