Search company, investor...
Search
letgo company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

letgo.com

Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$975M

About letgo

letgo is a used goods marketplace that allows users to post an item for sale and create a custom ad, plus browse what's for sale in their area, and chat instantly and privately with other buyers and sellers nearby.On March 25th, 2020, letgo was acquired by OfferUp, terms of the agreement were not disclosed.

letgo Headquarters Location

P.O. Box 924

New York, New York, 10014,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing letgo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

letgo is included in 2 Expert Collections, including E-Commerce.

E

E-Commerce

10,072 items

T

Tech IPO Pipeline

286 items

Latest letgo News

Colorado man found guilty of murdering both parents of 5 children in sales scam

Sep 1, 2022

NEWYou can now listen to Fox News articles! A Colorado jury on Wednesday convicted a man of fatally shooting the parents of five children who tried to buy an SUV in 2020 using the online marketplace app Letgo. Arapahoe County jurors convicted Kyree Brown, 20, of multiple counts, including first-degree murder, in the August 14, 2020 murders of Joe and Jossline Roland, KUSA-TV reported. MAN PLEADS GUILTY TO AGGRAVATED ENJOYMENT CHARGES IN NJ AFTER SHOOTING 9-YEAR-OLD GIRL IN HER SLEEP The deaths have led to a wrongful death lawsuit on behalf of the victims’ family who claim Letgo, which was acquired by OfferUp, was negligent because it allowed the alleged shooter to become a ‘verified seller’ using a false name and despite his criminal history. . This Federal Court case is still making its way through the court system. Kyree Brown, 20, killed his parents Joe and Jossline Roland in Aurora, Colorado on August 14, 2020. He is convicted of multiple counts, including first degree murder. Authorities say Joseph Roland was looking for a vehicle for his teenage daughter and found a Toyota RAV4 advertised by a “verified seller” on Letgo named James Worthy, who was really Brown, then 18. Roland agreed to meet Brown in a parking lot near a mall in Aurora. When Roland and his wife, Jossline, arrived, Brown told them he had accidentally brought the wrong vehicle title and asked the couple to meet him elsewhere, according to the lawsuit. CHILD KILLED IN SHOOTING ACCIDENT AT HAWAII BOY SCOUT CAMP They followed the man to the address, where Brown was charged with drawing a handgun and shooting the couple after Joseph Roland tried to dispose of the gun. Investigators say the teenager then fled with $3,000 in cash that the Rolands had brought with them to pay for the SUV. Brown was arrested about two weeks after the shooting. He faces life in prison for the first-degree murder convictions. A sentencing hearing has been set for November 21. Letgo and OfferUp filed a pending motion to dismiss the lawsuit, arguing, in part, that the company encourages users to exercise caution and use third-party hangouts like police stations and that users acknowledge that there are risks when buying and selling on the Internet. market based market. 2 ADULTS, 2 YOUNG GIRLS INJURED IN DENVER SHOOTING The petition argues that Letgo and OfferUp cannot “guarantee each of its millions of users that engaging in actual transactions with someone initially contacted through an advertisement posted on the Letgo platform would be entirely without risk.” “The site has provided its users with guidelines on how to buy and sell safely, warning that there is always some danger in transacting with buyers or sellers first encountered online, whether either on Letgo or another platform,” the motion reads. foxnews Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.

  • When was letgo founded?

    letgo was founded in 2015.

  • Where is letgo's headquarters?

    letgo's headquarters is located at P.O. Box 924, New York.

  • What is letgo's latest funding round?

    letgo's latest funding round is Acquired.

  • How much did letgo raise?

    letgo raised a total of $975M.

  • Who are the investors of letgo?

    Investors of letgo include OfferUp, OLX Group, Prosus Ventures, Insight Partners, Eight Roads Ventures and 11 more.

  • Who are letgo's competitors?

    Competitors of letgo include Rebag and 4 more.

You May Also Like

W
Wallapop

Wallapop is a marketplace for unique and second-hand goods.

Carousell Logo
Carousell

Carousell is a mobile C2C marketplace where users take a photo of their pre-loved or new items, list them on Carousell, and then sell them. The company was founded in 2012 and is based in Singapore.

Bib + Tuck Logo
Bib + Tuck

Bib + Tuck is a members-only online community for women to trade fashion items. The company brings together people so that each can find the "new" in another's "old".

Vinted Logo
Vinted

Vinted is an eCommerce platform that allows users to buy and sell clothes from their closets. The company also operates Kleiderkreisel, a second-hand marketplace that lets people sell, swap, and gift unwanted clothing. The company offers real-world marketplaces, organized so people can meet in person and swap their clothes.

LePrix Logo
LePrix

LePrix is an online exchange where fashionistas can sell, swap, and shop for clothing and accessories. The company's items include secondhand designer clothes, vintage handbags, and gently used brand name shoes.

S
Shop-Hers

Shop Hers is an luxury marketplace dedicated exclusively to pre-owned designer fashion. The company curates its community to guarantee authenticity & quality.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.