/Companies

OfferUp

Bellevue, US · Founded 2011 · 343 employees on LinkedIn · 14 known investors

Find your way into OfferUp

Each arrow is one introduction. Sign up to fill in the first one.

1,531 people can intro you to Todd

Ask Emil Sturniolo to introduce you to Todd Dunlap

You →Emil · together at WRQ →Todd

Sign up to find every way you can get introduced to OfferUp

  • Your email: who you already know at OfferUp, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the OfferUp team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

OfferUp is a mobile marketplace platform that enables buyers and sellers to trade items locally. The platform targets both individual sellers and local businesses seeking to reach nearby customers.

Also known as OfferUp, Inc.

Founders & leadership

TDTodd Dunlap
Todd DunlapPresident, CEO and Board ChairHe joined the company in 2021 after serving as Managing Director for Booking.com's North America region and spent 14 years in leadership roles at Microsoft, including Vice President of the Consumer and Online Division. Dunlap holds Bachelor's degrees in aerospace engineering and business administration, and graduate degrees from Stanford and University of Washington.
AV
Arean van VeelenFounder
NH
Nick HuzarFounder

Investors · 14

Also in the syndicate · 1

OLX Grouplead

Company profile

researched Aug 2026

OfferUp is an American online marketplace operating a mobile-first consumer-to-consumer (C2C) platform for buying and selling primarily used goods, with an emphasis on local, in-person transactions. Founded in 2011 by Nick Huzar, former co-founder and CTO of Konnects, Inc., and Arean van Veelen, the company is headquartered in Bellevue, Washington and serves the United States. The service is available via iOS and Android apps as well as the web.

The product is optimized for smartphones: sellers can list an item by uploading a photo from a phone or computer, and buyers browse large product images in an infinite-scroll interface, with listings surfaced by proximity to the buyer and filterable by category, price, and distance. In-app messaging lets buyers and sellers communicate without exchanging email addresses or phone numbers, and seller inquiries can be sorted by highest bid. Trust and safety features include TruYou verification, Community MeetUp Spots, verification badges, review attributes, average response time, and trusted connections; the company has said surveys showed women in particular were hesitant to transact because of safety concerns. Transactions are completed in cash or through OfferUp's in-app payment platform, and nationwide shipping is offered. Top categories cited include toys, furniture, and cars; during the early COVID-19 period the company reported increased activity in video games, electronics, games and toys, and appliances.

In March 2020 OfferUp announced the acquisition of rival letgo's classifieds business alongside a $120 million funding round led by letgo majority investor OLX Group, with OLX taking a 40% stake in the combined entity. The two marketplaces were merged into a single app on August 31, 2020; letgo users transferred their account reputation but had to repost listings, some letgo categories (jobs, services, rentals, gift cards) were dropped, and letgo's Canadian service was discontinued. Letgo's business outside North America remained with OLX Group.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual user baseJan 202256,000,000 users
Average daily time spent per user (U.S.)Jun 201525 minutes per day
Cumulative app downloadsJun 202190,000,000 downloads
EmployeesSep 2021260 employees
Monthly active usersSep 202120,000,000 users
Monthly active users (combined OfferUp and letgo, U.S.)Aug 202020,000,000 users
Rank among most downloaded shopping apps in the U.S.Jan 202210 rank
Total funding raisedDec 2022$381M
Transaction volumeJan 2016$14B
UsersOct 201733,000,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

5 people who came through OfferUp went on to found or lead other companies.

Related companies · 6

CraigslistCraigslist is a classified advertisements website and community platform where users can post and browse listings for jobs, housing, services, and goods across numerous categories. The platform serves individual buyers, sellers, and service providers across multiple geographic markets.
メルカリMercari is a marketplace platform that enables users to buy and sell used and secondhand items, offering a wide selection of products across various categories.
Poshmark, Inc.Poshmark is a fashion resale marketplace that enables individuals to buy and sell secondhand clothing and accessories through a mobile-first platform. The company operates a community-driven commerce model focused on sustainable fashion across the U.S. and Canada.
WayfairWayfair offers a product specialist service where technical experts provide specialized product knowledge and personalized recommendations to help shoppers make informed purchasing decisions.
CarGurusCarGurus operates a car-shopping mobile app that lets consumers compare vehicles, view price estimates, and find deals on dealership lots. It offers features such as real-time price-drop alerts and an in-store "Dealership Mode" for buyers browsing used and new cars.
AptDecoAptDeco is an online marketplace where users buy and sell used furniture with integrated delivery services. The platform targets individuals in the apartment and home furnishing market, addressing pain points around scams, logistics, and environmental waste in secondhand furniture sales.

Companies working in the same space as OfferUp.

Timeline · 13

launches, deals, and filings
Aug 2020
OfferUp and letgo marketplaces merged into a single app

The combined OfferUp & letgo app launched on iOS and Android. Letgo users transferred account reputation, ratings, sales and purchase history but had to repost listings; letgo categories such as jobs, services, rentals and gift cards were dropped; letgo Canada support ended; legacy.letgo.com allowed in-progress transactions to close until September 21.

source ↗

Mar 2020
OfferUp announces acquisition of rival letgo's classifieds business

OfferUp agreed to acquire letgo's classifieds business; OLX Group, letgo's majority investor, would own 40% of the combined entity. Nick Huzar remained CEO and became Chairman of the Board, and letgo co-founder Alec Oxenford joined OfferUp's board. Letgo's business outside North America remained with OLX Group. The deal was subject to regulatory approval and expected to close in May 2020.

source ↗

Mar 2020
$120 million round led by OLX Group

New investment round led by OLX Group with existing investors Andreessen Horowitz and Warburg Pincus, announced alongside the letgo acquisition and intended to fund growth, product innovation and monetization.

$120M source ↗

Mar 2020
Former ChannelAdvisor VP Mark Vandegrift hired as head of e-commerce

source ↗

Jan 2020
Chief Experience Officer Jerry Howe departs

Part of a series of executive departures reported prior to the letgo deal, including engineering VP Peter Wilson (2017), VP of Product Chloe Harford (2018), VP of Employee Experience Deb Nielsen (2018), VP of Employee Experience Sarah Bilton (2019), and CFO Rodrigo Brumana; Chief Growth Officer Ian Fliflet served as interim CFO.

source ↗

Jan 2019
Eastside Business of the Year award

source ↗

Jan 2017
425 Business CEO of the Year

source ↗

Jan 2017
Seattle Business Tech Impact Gold Award (Consumer)

source ↗

Jan 2017
Move to new office furnished with items from the platform

The company moved into new office space furnished only with items found on the OfferUp marketplace.

source ↗

Jan 2016
GeekWire App of the Year Award

source ↗

Jan 2016
Seattle Business Tech Impact Silver Award (Consumer/Retail)

source ↗

Jan 2016
Seattle Business Top 100 Best Companies to Work For

source ↗

Jan 2015
Named one of the Hottest Startups by Forbes

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does OfferUp do?
Mobile-first U.S. consumer-to-consumer marketplace for local buying and selling of used goods.
Who are OfferUp's investors?
OfferUp's investors include Akkadian Ventures, Andreessen Horowitz, Coatue Management, Comcast Ventures, Felicis Ventures, Jackson Square Ventures, Notable Capital, Tenaya Capital and 5 more.
Where is OfferUp headquartered?
OfferUp is headquartered in Bellevue, US.