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Company profile: Letgo

1.1 - Company Overview

Letgo Logo

Letgo

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of a local second-hand shopping marketplace app to buy and sell locally, with over 100M downloads and 400M listings. One of America’s most popular, biggest and fastest-growing apps, it features image recognition and video listings, and a marketplace covering electronics, cars, collectibles, housing, clothing, and furniture.

Products and services

  • Image Recognition Feature: AI-driven capability that recognizes items in listing photos within letgo’s app to assist users posting local second-hand electronics, cars, collectibles, housing, clothing, and furniture
  • Local Marketplace App: Large-scale mobile marketplace that enables local buying and selling of second-hand electronics, cars, collectibles, housing, clothing, and furniture, with 100M downloads and 400M listings
  • Video Listings Feature: Mobile-native capability that lets sellers create video-based listings to showcase second-hand electronics, cars, collectibles, housing, clothing, and furniture for local buyers.

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Letgo

Ricardo Logo

Ricardo

HQ: Switzerland Website
  • Description: Provider of online marketplaces for second-hand shopping and sales, enabling users to list items for auction or direct purchase. Operates leading platforms in Western Europe, including Switzerland, Denmark, Norway and Greece, via ricardo.ch, autoricardo.ch, shops.ch, ricardolino.ch, qxl.dk, qxl.no and ricardo.gr, on a single technology platform with local marketing, sales and product groups. Offers Boost to enhance listing visibility.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Ricardo company profile →
Kiko Logo

Kiko

HQ: United States Website
  • Description: Provider of an online calendar application with advanced features and an API for integration into other applications and websites. Offers universal access from any computer via mobile phone and AIM integration, and supports sharing calendars, inviting anyone to events, and letting others view your calendar.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Kiko company profile →
Quidsi Logo

Quidsi

HQ: United States Website
  • Description: Provider of an e-commerce platform selling baby care, household essentials, and prestige beauty products via Diapers.com, Soap.com, and BeautyBar.com, delivering in 1-2 days and offering incredible customer service.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Quidsi company profile →
Vedia Logo

Vedia

HQ: Switzerland Website
  • Description: Provider of an online shopping platform offering beauty, fashion, household goods, furniture, and home decoration products, enabling customers to conveniently order a broad selection of items.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Vedia company profile →
DTX International Logo

DTX International

HQ: United States Website
  • Description: Provider of innovative specialty consumer products as a direct importer, including hardware items, tool accessories, automotive and home products, sold on Amazon.com and other third-party platforms.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full DTX International company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Letgo

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Letgo

2.2 - Growth funds investing in similar companies to Letgo

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4 - Top valuation comps for Letgo

4.2 - Public trading comparable groups for Letgo

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4.3 - M&A Transactions similar to Letgo

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Letgo

What does Letgo do?

Letgo is a provider of a local second-hand shopping marketplace app to buy and sell locally, with over 100M downloads and 400M listings. One of America’s most popular, biggest and fastest-growing apps, it features image recognition and video listings, and a marketplace covering electronics, cars, collectibles, housing, clothing, and furniture.

Who are Letgo's competitors?

Letgo's competitors and similar companies include Ricardo, Kiko, Quidsi, Vedia, and DTX International.

Where is Letgo headquartered?

Letgo is headquartered in United States.

How many employees does Letgo have?

Letgo has 1,000 employees 🔒.

When was Letgo founded?

Letgo was founded in 2010 🔒.

What sector and industry vertical is Letgo in?

Letgo is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Letgo

Who are the top strategic acquirers in Letgo's sector and industry

Top strategic M&A buyers and acquirers in Letgo's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Letgo?

Top strategic M&A buyers groups and sectors for Letgo include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Letgo's sector and industry vertical

Which are the top PE firms investing in Letgo's sector and industry vertical?

Top PE firms investing in Letgo's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Letgo's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Letgo's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Letgo's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Letgo include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Letgo's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Letgo?

The key public trading comparables and valuation benchmarks for Letgo include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Letgo for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Letgo with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Letgo's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Letgo with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Letgo's' sector and industry vertical?

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