Tech Company Financing Transactions
LetGo Funding Round
Naspers Ventures invested in a $500 million funding round for LetGo. The round closed on 8/9/2018.
Transaction Overview
Company Name
Announced On
8/9/2018
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
Naspers Ventures (Martin Scheepbouwer)
Proceeds Purpose
letgo said the new financing will accelerate its growth, product evolution, expansion into new verticals and monetization efforts as it continues to make secondhand e-commerce an even bigger part of the sharing economy.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
Undisclosed
New York, NY 11001
USA
New York, NY 11001
USA
Phone
Undisclosed
Website
Email Address
Overview
LetGo is the fastest growing mobile marketplace to buy and sell locally. We are powering a new, secondhand economy on mobile.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Jordi Castello
Co-Founder
Enrique Linares
Co-Founder
Alec Oxenford
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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