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OfferUp, Inc.

Software

OfferUp Stock

OfferUp is a leading online marketplace dedicated to local buying and selling. Utilizing a user-friendly platform, it facilitates the convenient exchange of a wide range of goods including electronics, vehicles, and household items. The site focuses on community-based trading with features designed to ensure user safety and trust.

Founded: 2011

OfferUp Website

OfferUp Company Overview

OfferUp, established to revolutionize local commerce, creates a streamlined platform where users can buy and sell items within their communities. The site boasts a diverse array of categories such as electronics, cars, fashion, and home goods, catering to a broad audience. OfferUp's user interface is designed for ease, featuring a quick posting process for sellers and straightforward search tools for buyers. The founders envisioned a marketplace that not only simplifies the buying and selling process but also strengthens local economies and fosters community connections. To enhance user trust and safety, OfferUp incorporates numerous features, including user profiles with ratings and transaction history. Moreover, the platform supports secure messaging to negotiate deals without sharing personal contact details. OfferUp also places a strong emphasis on mobile users, offering a mobile app that allows users to manage their transactions on the go. This approach caters to the increasing trend of mobile commerce, making it convenient for users to browse, list, and purchase items anytime and anywhere. The platform continues to grow by expanding its reach and enhancing features to improve user experience. For investors, OfferUp presents a robust model in the thriving online marketplace sector, driven by a commitment to community and safety in e-commerce.

Management Team

Nick Huzar Co-Founder, CEO
Bill Carr COO
Ameesh Paleja Chief Technology Officer
Rodrigo Brumana CFO
Ian Fliflet Chief Growth Officer
Nathan Garnett General Counsel
Natalie Angelillo VP Community & Communications

Funding Information

News

OfferUp's 2023 Recommerce Report Reveals 85% of Shoppers Now Engage In Recommerce as Secondhand Shopping Becomes a Mainstream Trend

OfferUp released its 2023 Recommerce Report, available now at www.RecommerceReport.com. The fifth annual report, published in partnership with data analytics firm GlobalData, reveals that 85% of shoppers now buy and/or sell secondhand goods — an increase of 3% from 2022. Furthermore, 27% of respondents ventured into the secondhand market for the first time within the last year.

More tech layoffs hit Seattle region as mobile marketplace OfferUp cuts 19% of workforce

(OfferUp Images) Bellevue, Wash.-based mobile marketplace operator OfferUp is laying off about 19% of its staff, joining a growing list of tech companies slashing costs amid a shaky economy.

Tech Moves: Remitly CFO will step down; OfferUp hires former Kellogg exec; and more

Rishi Padhi, former vice president and general manager of e-commerce at Kellogg, joined OfferUp as vice president and head of marketing.

OfferUp hires Google, Amazon vet as CTO

Digital marketplace OfferUp has named Melissa Binde as the company's chief technology officer. Binde joins OfferUp from the San Francisco-based data platform Splunk, where she spent over two years and was vice president of cloud engineering, according to her LinkedIn profile. OfferUp said in a release she will lead the marketplace's engineering and data science divisions, as well as investments to improve user experience.

OfferUp hires former Booking.com managing director Todd Dunlap as new CEO

The popular mobile marketplace hired former Booking.com managing director Todd Dunlap to lead the company, one of the Seattle region’s only tech startups valued at more than $1 billion. OfferUp co-founder and former CEO Nick Huzar will remain at the company as its new chief product officer.