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Brief
Letgo was acquired by OfferUp (Jan 2020)— see OfferUp for current status.

Letgo

Classifieds & Marketplace AdvertisingRetailer

Letgo made it effortless to buy and sell secondhand goods locally through a mobile-first, photo-driven listing experience powered by AI-assisted categorization.

Last updated Jun 22, 2026 by ATDb automated enrichment · Connections updated Jun 25, 2026

Founded
2015
HQ
New York, New York, United States
Parent
Connections
2

At a glance

Employees
201-500
Funding
$500M+
Revenue
$50M-$100M
1corporate family1acquisitions

About

Was one of the two largest mobile C2C secondhand goods marketplaces in the US before merging with OfferUp in 2020

Letgo was a mobile-first classifieds platform that allowed users to buy and sell used items locally through a simple, photo-driven listing experience. Founded in 2015 and headquartered in New York City, letgo rapidly gained traction by making it extremely easy to post items for sale — users could snap a photo and have a listing live within seconds, with AI-powered tools automatically generating titles and categories. The app grew to become one of the most downloaded shopping apps in the United States, amassing over 100 million downloads and tens of millions of listings across a wide range of categories including electronics, furniture, vehicles, and apparel. Letgo distinguished itself from competitors like Craigslist through its polished mobile interface, in-app messaging, and user profile features that added a layer of trust and social context to peer-to-peer transactions. Backed by significant venture capital — including major investments from Naspers — letgo invested heavily in marketing and product development to compete aggressively with rivals such as OfferUp and Facebook Marketplace. The platform monetized primarily through promoted listings and advertising products that allowed sellers to boost the visibility of their items to local buyers. In 2020, letgo merged with OfferUp, its primary competitor, in a deal that consolidated the two largest mobile C2C marketplaces in the United States. Following the merger, the letgo brand was retired and its users and listings were migrated to the OfferUp platform. The combined entity, operating under the OfferUp name, became the dominant player in the US mobile secondhand goods market, carrying forward many of letgo's product innovations and its large user base.

Business model

Marketplace

Target market

Consumer (C2C)

What they offer

  • Letgo App (iOS & Android)

    Mobile classifieds app enabling users to list, browse, and purchase secondhand items locally with a photo-first listing flow

  • AI-Powered Listing Tool

    Automatically generated titles, descriptions, and categories from a photo to simplify the selling process

  • In-App Messaging

    Built-in chat system allowing buyers and sellers to negotiate and coordinate transactions without sharing personal contact information

  • Promoted Listings

    Paid advertising product allowing sellers to boost item visibility to more local buyers

  • User Profiles & Ratings

    Seller profiles with ratings and reviews to build trust within the peer-to-peer marketplace

Key features

One-tap photo listing with AI auto-categorizationHyper-local item discoveryIn-app buyer-seller messagingPromoted listings for increased visibilityUser ratings and trust profilesCategory-based browsing (electronics, furniture, vehicles, etc.)

Use cases

Selling used household items and furniture locallyBuying secondhand electronics at discounted pricesLocal vehicle sales and discoveryDecluttering and reselling personal goodsHyper-local peer-to-peer commerce

Customer segments

Individual consumers selling used goodsBargain shoppers seeking secondhand itemsSmall resellers and flippersLocal community buyers and sellers

Tech & specs

Technology stack

iOS and Android native mobile appsAI/ML for image recognition and auto-categorizationCloud infrastructure (AWS)Real-time in-app messagingGeolocation services

Security & compliance

GDPRCCPA

Deployment

Cloud

API

No

Corporate history
  1. 2015 · Founded
  2. 2020Acquired by OfferUp3 sources
    Still operating as part of OfferUp
Connection details

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