# OfferUp

OfferUp is an Asset Manager based in Seattle, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Seattle, United States
- **Region:** North America
- **Address:** Seattle, WA, United States
- **Assets under management:** Undisclosed
- **Website:** about.offerup.com
- **LinkedIn:** https://www.linkedin.com/company/offerup

## Regulatory record

- **Reports private funds:** No

## About

OfferUp is a local marketplace to buy and sell, find services, explore jobs, and discover rentals—all in one place. Everything you need to move your life forward starts right where you are.

## Sectors

- Consumer Internet
- Marketplaces
- E-Commerce

## Offices

- Los Angeles, CA, United States
- Bellevue, WA, United States

## Questions

### How does OfferUp generate revenue?

OfferUp earns revenue through listing fees on certain categories, promoted listings that increase visibility, and transaction fees on shipped orders. The platform's freemium model allows basic listings at no cost while monetizing premium features and higher-value transactions (per the firm's website).

### What trust and safety features does OfferUp offer?

OfferUp uses a multi-layered trust system including verified IDs, seller ratings, buyer reviews, and in-app messaging. In April 2024, the company introduced identity verification to further reduce fraud and increase user confidence (per TechCrunch, April 2024).

### Who are OfferUp's main competitors?

OfferUp competes primarily with Craigslist and Facebook Marketplace in the US peer-to-peer marketplace space. The company differentiates through mobile-optimized design and trust features that reduce transaction risks.

### What does the OfferUp Foundation do?

The OfferUp Foundation is a philanthropic arm that supports community initiatives focused on economic empowerment, digital inclusion, and local development. It is a separate 501(c)(3) entity from the operating company.

### Is OfferUp profitable?

As of available public information, OfferUp has not publicly disclosed profitability status. The company has raised significant venture funding and generates revenue from fees, but financial details remain private.

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Last updated: 2026-06-03T20:00:00.000Z

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