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Asset Manager

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Poshmark

Poshmark is an asset manager based in Redwood City, founded 2011; the Altss profile covers its classification, headquarters, registration, AUM band, and key...

Overview

Buy, sell, and discover fashion, home decor, beauty, and more

General information

Firm type

Asset Manager

Year founded

2011

Location

Region

North America

Country

United States

City

Redwood City

Corporate office

203 Redwood Shores Pkwy, 8th Floor, Redwood City, CA 94065, United States

Principals

Manish Chandra

Co-Founder

Chetan Pungaliya

Co-Founder

Gautam Golwala

Co-Founder

Tracy Sun

Co-Founder

Sector focus

LuxuryMarketplaceConsumer

Frequently asked questions

Who founded Poshmark and when?

Poshmark was founded in 2011 by Manish Chandra, Chetan Pungaliya, Gautam Golwala, and Tracy Sun (per the firm).

What is Poshmark's business model?

Poshmark operates a peer-to-peer social marketplace where users list and sell fashion, home decor, and beauty items via a mobile app. Revenue comes from transaction fees, and it offers authentication services for items over $500.

Who owns Poshmark now?

In October 2022, South Korean internet company Naver Corporation acquired Poshmark for $1.2 billion in cash, taking the company private (per Naver, October 2022).

Where is Poshmark headquartered?

Poshmark's headquarters is at 203 Redwood Shores Pkwy, 8th Floor, Redwood City, California, United States.

Does Poshmark go by any alternative ticker or fund structure?

Poshmark was publicly traded on Nasdaq under the ticker POSH from January 2021 until its acquisition by Naver in October 2022. It is now a privately held subsidiary of Naver.

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