Letgo

  • Market Valuation$1.5 B2018-08-08
  • Total Funding$975 M

OverviewSuggest Edit

Letgo is a provider of a mobile application that allows users to buy and sell secondhand things. Its solution automatically titles and categorizes items for sale using artificial intelligence and image recognition. The Company neither charges sellers a fee for posting their listings nor takes a percentage of sales.
TypePrivate
Founded2015
HQNew York, NY, USMap
Websiteletgo.com
Employee Ratings3.8
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Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2022)285
Cybersecurity ratingAMore
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Key People/Management at Letgo

Enrique Linares

Enrique Linares

Co-Founder
Jordi Castello

Jordi Castello

Co-Founder
Alec Oxenford

Alec Oxenford

Co-Founder
Pedro Mestriner

Pedro Mestriner

Head of Strategic Partnerships and Market Development
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Letgo Office Locations

Letgo has offices in New York, Amsterdam and Barcelona
New York, NY, US (HQ)
5th Ave
New York, NY, US
511 Canal St
Amsterdam, NL
Gustav Mahlerplein 5
Barcelona, ES
Plaça de Pau Vila
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Letgo Financials and Metrics

Summary Metrics

Founding Date

2015

Letgo total Funding

$975 m

Letgo latest funding size

$500 m

Time since last funding

4 years ago

Letgo investors

Northzone, Accel Partners, Mangrove Capital Partners, New Enterprise Associates, Insight Venture Partners, 14W, NextView Ventures, Naspers, Eight Roads Ventures, FJ Labs, BlackPine Private Equity Partners, H14
Letgo's latest funding round in August 2018 was reported to be $500 m. In total, Letgo has raised $975 m. Letgo's latest valuation is reported to be $1.5 b.
View all funding rounds

Letgo Revenue

Market valuation

1.5b
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Letgo Operating Metrics

Letgo's Monthly Active Users was reported to be 20 m in Y, 2016.
Y, 2016Sep, 2017Aug, 2018

Downloads

75 m100 m

Messages Sent per day

9 m13 m

Monthly Active Users

20 m

Reported Listings

400 m

Letgo Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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Letgo Online and Social Media Presence

Letgo's Trends

Embed Graph

Letgo Company Culture

  • CEO Rating

    F

    10/100

  • Compensation

    F

    10/100

Learn more on Comparably

Letgo News and Updates

October 07, 2020

Picker closes 1.3€ Million financing round and hires talent from Letgo

BARCELONA, Spain, Oct. 7, 2020 /PRNewswire/ -- The tech startup Picker has closed a 1.3€ Million financing round in the middle of a growth boom during the COVID-19 pandemic. "Raising funds during the confinement was very tricky, the key metrics kept growing very fast, but there was high...
July 24, 2018

Letgo adds video attachments and an auto-listing feature powered by AI

Letgo, one of the world's largest digital marketplaces, introduced two new features: video listings and an AI-powered insights tool called Reveal.

 Letgo Frequently Asked Questions

  • When was Letgo founded?

    Letgo was founded in 2015.

  • Who are Letgo key executives?

    Letgo's key executives are Enrique Linares, Jordi Castello and Alec Oxenford.

  • How many employees does Letgo have?

    Letgo has 285 employees.

  • Who are Letgo competitors?

    Competitors of Letgo include OfferUp, Carousell and Mercari.

  • Where is Letgo headquarters?

    Letgo headquarters is located at 5th Ave, New York.

  • Where are Letgo offices?

    Letgo has offices in New York, Amsterdam and Barcelona.

  • How many offices does Letgo have?

    Letgo has 4 offices.