LetGo

Closed

Buy and sell on the go

Headquarters
New York, New York
Employees
501–1000
Founded
2015
Business Model
Marketplace
Total Funding
$1.1B
Valuation
$1.5BAug 2018
Last Round
$500.0M Series DAug 2018
Rounds
6

About

Letgo was a peer-to-peer mobile marketplace for buying and selling used goods locally, founded in 2015 by Alec Oxenford and the OLX Group. The app used AI-powered image recognition to auto-categorize listings and reached over 100 million downloads before being acquired by OfferUp in March 2020 and merged into the OfferUp app in August 2020.

Tech & App Stack

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Funding History

AcquisitionAcquisition by OfferUpMar 2020
Series DSeries DAug 2018
Venture UnknownFunding RoundSep 2017
Series CSeries CJan 2017
Series BSeries B (Wallapop Merger)May 2016
Series ASeries ASep 2015
Series ASeries AFeb 2015

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