Tech Company Financing Transactions

OfferUp Funding Round

OfferUp, operating out of Bellevue, raised $120 million from OLX Group, Andreessen Horowitz and private investors.

Transaction Overview

Company Name
Announced On
3/26/2020
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Undisclosed
Investors

OLX Group (Lead Investor)

Andreessen Horowitz

Warburg Pincus (Justin Sadrian)

Proceeds Purpose
The funds will be put toward continued growth, product innovation and monetization efforts.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
1715 114th Ave. SE 100
Bellevue, WA 98004
USA
Phone
Undisclosed
Email Address
Overview
OfferUp is changing how people buy and sell locally by making it as easy as taking and sharing a photo from your phone. We are not just about connecting buyers and sellers; we are about creating a simple and safe marketplace that changes people's lives.
Profile
OfferUp LinkedIn Company Profile
Social Media
OfferUp Company Twitter Account
Company News
OfferUp News
Facebook
OfferUp on Facebook
YouTube
OfferUp on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nick Huzar
  Nick Huzar LinkedIn Profile  Nick Huzar Twitter Account  Nick Huzar News  Nick Huzar on Facebook
Chief Operating Officer
William Carr
  William Carr LinkedIn Profile  William Carr Twitter Account  William Carr News  William Carr on Facebook
Chief Technical Officer
Ameesh Paleja
  Ameesh Paleja LinkedIn Profile  Ameesh Paleja Twitter Account  Ameesh Paleja News  Ameesh Paleja on Facebook
Vice President
Natalie Angelillo
  Natalie Angelillo LinkedIn Profile  Natalie Angelillo Twitter Account  Natalie Angelillo News  Natalie Angelillo on Facebook
VP - Bus. Development
Ian Fliflet
  Ian Fliflet LinkedIn Profile  Ian Fliflet Twitter Account  Ian Fliflet News  Ian Fliflet on Facebook
VP - General Counsel
Nathan Garnett
  Nathan Garnett LinkedIn Profile  Nathan Garnett Twitter Account  Nathan Garnett News  Nathan Garnett on Facebook


 

 

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Prev: 3/26/2020: Kallyope venture capital transaction
Next: 3/26/2020: TierPoint venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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