letgo Revenue and Competitors
Estimated Revenue & Valuation
- letgo's estimated annual revenue is currently $54.4M per year.
- letgo received $500.0M in venture funding in August 2018.
- letgo's estimated revenue per employee is $177,800
- letgo's total funding is $975M.
- letgo's current valuation is $1B.
Employee Data
- letgo has 306 Employees.
- letgo grew their employee count by -1% last year.
letgo Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $85.2M | 479 | -9% | $381M | $1.2B |
#2 | $122.9M | 678 | -2% | N/A | N/A |
#3 | $11660M | 19339 | 0% | $6.7M | $39.7B |
#4 | $311.7M | 2759 | 10% | $153M | $1.3B |
#5 | $45.5M | 285 | 0% | N/A | N/A |
What Is letgo?
letgo is the fastest growing mobile marketplace to buy and sell locally. We are powering a new, secondhand economy on mobile. Recently named one of Europe's "Hottest Startups"​ by Wired, letgo's recently been featured by The New York Times, The Wall Street Journal, Fast Company, Fortune, Bloomberg, TechCrunch and others. letgo's team is made up of 100 people of 20 different nationalities in our New York and Barcelona offices. We are a diverse, passionate group that's connecting millions of buyers and sellers. Our nimble, expert team is fueled by deep experience and rich analytics, allowing us to innovate with cutting-edge features like image recognition powered by artificial intelligence, and the letgo Commercializer. We're looking for people who are as passionate as we are and, just as importantly, who embrace constant change and innovation. If that sounds like you, check out our open positions at : https://boards.greenhouse.io/letgo
keywords:E-Commerce, Marketplaces, Shopping, Apps, Marketplace
$975M
Total Funding
306
Number of Employees
$54.4M
Revenue (est)
-1%
Employee Growth %
$1B
Valuation
N/A
Accelerator
letgo's People
| Name | Title | Email/Phone |
|---|---|---|
1 | Founder | Reveal Email/Phone |
2 | Strategy Manager | Reveal Email/Phone |
3 | Chief Marketing Officer | Reveal Email/Phone |
4 | Senior Marketing Manager | Reveal Email/Phone |
letgo News
The controversy is related to a short-lived "Let's Go Brandon" coin. In his short time in Congress, firebrand Madison Cawthorn (R-NC) has been...
The online selling platform Letgo is facing a wrongful death lawsuit after a couple was robbed and killed while using the app as they tried...
The lawsuit, which also names OfferUp as a defendant, argues that while Letgo advertises working with law enforcement agencies to keep its tens...
Earlier this year, online marketplace OfferUp raised $120 million and acquired a top competitor, letgo, as a part of the fundraise led by letgo’s majority investor, OLX Group. As a part of the deal, OfferUp said it planned to eventually combine the businesses’ respective marketplaces into one bu ...
OfferUp and letgo, two providers of apps to buy and sell locally, are to combine their US businesses. The agreement includes a new $120m investment round led by OLX Group, the classifieds business of Prosus and letgo’s majority investor, along with existing OfferUp investors, including Andreess ...
Other Companies in New York
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $58.3M | 306 | 4% | $70M |
#2 | $61.2M | 306 | -25% | N/A |
#3 | $50.7M | 307 | -1% | $133.3M |
#4 | $15M | 307 | 3% | N/A |
#5 | $53.7M | 307 | -1% | N/A |
letgo Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2015-09-04 | $100.0M | A | Naspers | Article |
| 2017-01-18 | $175.0M | Undisclosed | Multiple | Article |
| 2017-10-02 | $100.0M | Undisclosed | Multiple | Article |
| 2018-08-09 | $500.0M | Undisclosed | Naspers | Article |
letgo Executives
| Name | Title |
|---|---|
| Selin Suzer | Chief Marketing Officer |