Letgo Global

V.V. provides a platform for peer-to-peer transactions of used items. The company has conducted a total of 6 deals, with its most recent deal on March 25, 2020, during which it was acquired by OfferUp, Inc. The founder, Jordi C, has a notable history in the tech industry, having previously established other ventures.V. specializes in a peer-to-peer marketplace that facilitates the buying and selling of second-hand goods, primarily via its mobile app. The platform allows users to list items for sale, browse available listings, and communicate directly with buyers or sellers. It serves a diverse range of categories, including electronics, furniture, clothing, and vehicles, catering to consumers seeking affordable options.'s revenue model is based on transaction fees from sales conducted through its platform. When a seller lists an item and successfully completes a sale, a percentage of the sale price is retained by the company as a fee. This structure not only supports a simple exchange between users but also allows for scalable revenue growth as engagement increases.Following the acquisition by OfferUp, Inc.V. anticipates leveraging its new resources to enhance product offerings and expand into additional markets. Future initiatives include developing new features for the mobile app aimed at improving user experience. The company aims to penetrate further into the North American and European markets post-acquisition, with a strategic focus on enhancing its marketplace capabilities.

1. Series E

   Aug 8, 2018

   Amount

   $150M

   Investors

   Locked

2. Series C

   Jan 17, 2017

   Amount

   $175M

   Investors

   Locked

3. Series B

   May 12, 2016

   Amount

   $100M

   Investors

   Locked

4. Series A

   Sep 3, 2015

   Amount

   $100M

   Investors

   Locked