OfferUp

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

OfferUp is a U.S.-focused local marketplace for buying, selling, and connecting in communities, spanning secondhand goods plus categories like jobs, services, home rentals, and vehicles. It positions itself around simple, trusted, local-first commerce.

Primary product

Mobile marketplace app and website for local buying and selling

Founded

2011

Headquarters

Bellevue, Washington, United States

Team size

101-200

Work style

Hybrid

Industry

Technology, Information and Internet

Sub-industry

Online marketplace / local classifieds / recommerce

Offices

Bellevue, WA

Miami, FL

Business model

consumer marketplace

seller fees for premium features and broader reach

advertising / promoted listings

local business listings and services monetization

shipping-related transaction services (historically, now being de-emphasized)

Funding

Stage

venture-backed private company

Total raised

$381M

Latest round

Venture Round · Mar 2020

Latest amount

$120M

Venture Round

Mar 2020 · OLX Group

$120M

Series D

Aug 2018 · Notable Capital

$39M

Series C-1

Sep 2016 · Warburg Pincus

$119M

Secondary Market

Sep 2015

Series A

Aug 2013 · Jackson Square Ventures

$2.8M

Angel Round

May 2012

$385K

People & investors

Leadership

Todd Dunlap

CEO

Nick Huzar

Founder / former CEO

Arean Van Veelen

Co-founder

Melissa Binde

CTO

Ian Fiflet

CGO

Michael Eggers

CFO / COO

Nathan Garnett

Investors

Work & culture

Public messaging emphasizes simplicity, safety, trust, and local community commerce. Recent company communications also emphasize focus, profitability, and a leaner operating model.

Work style

Hybrid

Compensation

No reliable public compensation ranges were found in the reviewed primary sources. LinkedIn/marketplace signals suggest a mid-sized tech company with mixed employee ratings, but not enough to state salary bands.

Benefits

Hybrid roles in Bellevue and remote-eligible roles in Florida for some positions

Employee benefits are not fully public on the sources reviewed

Product & market

Pricing

Consumer listings are generally free; revenue comes from promoted/premium seller features, advertising, local business offerings, and related monetization products.

Differentiators

—local-first marketplace focus
—mobile-first UX
—trust and safety emphasis
—shipping and broader category expansion beyond used goods
—large U.S. monthly user base
—combines C2C local commerce with jobs, services, and housing discovery

Technology

React Native

Kotlin

Java

JavaScript

Python

GraphQL

Kubernetes

Databricks

BigQuery

Stripe

Datadog

LaunchDarkly

Cloudflare

GitHub Actions

Okta

Salesforce

Zendesk

Appium

TensorFlow

PyTorch

Customers

individual buyers and sellers in local communities

local merchants and service providers

auto dealers

landlords

employers

home renters

Competitors

Craigslist

eBay

Facebook Marketplace

Mercari

letgo (historical; acquired)

Scale & contact

Estimated revenue

Approximately $100M annually (public estimate from company/third-party profile and cited reporting suggests ~$150M sales in 2023, but primary-source confirmation is limited).

Estimated monthly visits

10.1M

Traffic estimate as of Jun 2026

Signals & risks

Layoff

Dec 2024

OfferUp cut 22% of headcount while refocusing on profitability and simplifying its product/offerings.

Source

Layoff

Nov 2022

OfferUp cut about 19% of its workforce amid slower revenue growth and cost-structure pressure.

Source

Layoff

Oct 2025

A further round of layoffs was reported as the company simplified its offerings; number affected not disclosed.

Source

Latest news

OfferUp Honors Small Businesses by Spotlighting Entrepreneurs Who Built Their Companies Using the Platform

PRNewswire · Jun 2026

A brand/campaign announcement showing OfferUp's push into small-business storytelling and local entrepreneurship.

OfferUp hit with new round of layoffs as marketplace plans to simplify its offerings

GeekWire · Oct 2025

Reported another layoff round and a simplification strategy, including de-emphasizing shipping and consolidating local business offerings.

Secondhand Shopping Is Now the Norm: 93% of Americans Bought Used in 2025, According to OfferUp's 2025 Recommerce Report

PRNewswire · Sep 2025

OfferUp's annual recommerce report highlighted broad secondhand adoption and the size of the U.S. recommerce market.

OfferUp cuts 22% of headcount as it aims to expand beyond used goods

GeekWire · Dec 2024

CEO memo cited macroeconomic pressure and programmatic ad rates; company said it needed a leaner structure to preserve profitability and invest in growth.

offerup.com

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Primary product

Mobile marketplace app and website for local buying and selling

Founded

2011

Headquarters

Bellevue, Washington, United States

Team size

101-200

Work style

Hybrid

Industry

Technology, Information and Internet

Sub-industry

Online marketplace / local classifieds / recommerce

Offices

Bellevue, WA

Miami, FL

Business model

consumer marketplace

seller fees for premium features and broader reach

advertising / promoted listings

local business listings and services monetization

shipping-related transaction services (historically, now being de-emphasized)

Funding

Stage

venture-backed private company

Total raised

$381M

Latest round

Venture Round · Mar 2020

Latest amount

$120M

Venture Round

Mar 2020 · OLX Group

$120M

Series D

Aug 2018 · Notable Capital

$39M

Series C-1

Sep 2016 · Warburg Pincus

$119M

Secondary Market

Sep 2015

Series A

Aug 2013 · Jackson Square Ventures

$2.8M

Angel Round

May 2012

$385K

People & investors

Leadership

Todd Dunlap

CEO

Nick Huzar

Founder / former CEO

Arean Van Veelen

Co-founder

Melissa Binde

CTO

Ian Fiflet

CGO

Michael Eggers

CFO / COO

Nathan Garnett

Investors

Work & culture

Public messaging emphasizes simplicity, safety, trust, and local community commerce. Recent company communications also emphasize focus, profitability, and a leaner operating model.

Work style

Hybrid

Compensation

Benefits

Hybrid roles in Bellevue and remote-eligible roles in Florida for some positions

Employee benefits are not fully public on the sources reviewed

Product & market

Pricing

Consumer listings are generally free; revenue comes from promoted/premium seller features, advertising, local business offerings, and related monetization products.

Differentiators

—local-first marketplace focus
—mobile-first UX
—trust and safety emphasis
—shipping and broader category expansion beyond used goods
—large U.S. monthly user base
—combines C2C local commerce with jobs, services, and housing discovery

Technology

React Native

Kotlin

Java

JavaScript

Python

GraphQL

Kubernetes

Databricks

BigQuery

Stripe

Datadog

LaunchDarkly

Cloudflare

GitHub Actions

Okta

Salesforce

Zendesk

Appium

TensorFlow

PyTorch

Customers

individual buyers and sellers in local communities

local merchants and service providers

auto dealers

landlords

employers

home renters

Competitors

Craigslist

eBay

Facebook Marketplace

Mercari

letgo (historical; acquired)

Scale & contact

Estimated revenue

Approximately $100M annually (public estimate from company/third-party profile and cited reporting suggests ~$150M sales in 2023, but primary-source confirmation is limited).

Estimated monthly visits

10.1M

Traffic estimate as of Jun 2026

Signals & risks

Layoff

Dec 2024

OfferUp cut 22% of headcount while refocusing on profitability and simplifying its product/offerings.

Source

Layoff

Nov 2022

OfferUp cut about 19% of its workforce amid slower revenue growth and cost-structure pressure.

Source

Layoff

Oct 2025

A further round of layoffs was reported as the company simplified its offerings; number affected not disclosed.

Source

Latest news

OfferUp Honors Small Businesses by Spotlighting Entrepreneurs Who Built Their Companies Using the Platform

PRNewswire · Jun 2026

A brand/campaign announcement showing OfferUp's push into small-business storytelling and local entrepreneurship.

OfferUp hit with new round of layoffs as marketplace plans to simplify its offerings

GeekWire · Oct 2025

Reported another layoff round and a simplification strategy, including de-emphasizing shipping and consolidating local business offerings.

Secondhand Shopping Is Now the Norm: 93% of Americans Bought Used in 2025, According to OfferUp's 2025 Recommerce Report

PRNewswire · Sep 2025

OfferUp's annual recommerce report highlighted broad secondhand adoption and the size of the U.S. recommerce market.

OfferUp cuts 22% of headcount as it aims to expand beyond used goods

GeekWire · Dec 2024

CEO memo cited macroeconomic pressure and programmatic ad rates; company said it needed a leaner structure to preserve profitability and invest in growth.

Remote

Engineering

Remote @ Colombia

2mo ago

Remote

Full-time

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