About Olx
Olx is a company based in Hoofddorp (Netherlands) founded in 2006 was acquired by TBC Bank Group in August 2025. Olx has raised $28.5 million across 3 funding rounds from investors including Bessemer Venture Partners, Nexus Venture Partners and Naspers. The company has 230 employees as of June 30, 2024. Olx has completed 5 acquisitions, including ANAPRO, Altimus and Grupo ZAP. Olx offers products and services including OLX Platform. Olx operates in a competitive market with competitors including Mercari, eBay, Uniswap, OfferUp and Letgo, among others.
- Headquarter Hoofddorp, Netherlands
- Employees 230 as on 30 Jun, 2024
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$20.76 M (USD)12as on Mar 31, 2024
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Net Profit
$3.84 M (USD)134as on Mar 31, 2024
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EBITDA
$4.22 M (USD)121as on Mar 31, 2024
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Total Equity Funding
$28.5 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series B
May 07, 2009
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Investors
Bessemer Venture Partners
& 6 more
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Employee Count
230
as on Jun 30, 2024
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Investments & Acquisitions
ANAPRO
& 4 more
- Acquired by
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Products & Services of Olx
Olx offers a comprehensive portfolio of products and services, including OLX Platform.
Service for buying and selling items in local communities worldwide.
People of Olx
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Software Development Team
113 people
Product Management Team
94 people
Sales and Marketing
59 people
Senior Team
45 people
Frontend Team
19 people
Finance and Accounting
17 people
Leadership Team
9 people
Data Analysis and Operations Team
5 people
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Funding Insights of Olx
Olx has successfully raised a total of $28.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in May 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Olx
Olx has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Nexus Venture Partners and Naspers.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Venture capital investments in technology and defense sectors.
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Locked | Locked | Locked |
Investor details for Olx
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Investments & Acquisitions by Olx
Olx has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include ANAPRO, Altimus and Grupo ZAP.
Investment portfolio details for Olx
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Technological solutions for the real estate sector are provided.
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Locked | Locked | 2018 | Locked | |
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Property management software is offered for real estate agents.
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Locked | Locked | 2017 | Locked | |
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Dealership management system for automotive dealerships
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Locked | Locked | 2009 | Locked |
Complete acquisition details for Olx
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Financial Statements - Olx
Detailed financials for Olx
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Olx Comparisons
Peer comparison for Olx
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Competitors of Olx
Olx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mercari, eBay, Uniswap, OfferUp and Letgo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used multi-category products are traded on an online marketplace platform.
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Multi-category consumer products are sold via an online marketplace platform.
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Decentralized exchange platform for cryptocurrency trading is operated.
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P2P mobile listing platform for household goods
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Online listing platform for multi-category second-hand goods
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Detailed competitors of Olx
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Olx
Complete news archive for Olx
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Frequently Asked Questions about Olx
Olx was founded in 2006.
Olx is headquartered in Hoofddorp, Netherlands. It is registered at Hoofddorp, North Holland, Netherlands.
Marcin Urbanczyk is the current CEO of Olx.
Olx is a funded company, having raised a total of $28.5M across 3 funding rounds to date.
As of Jun 30, 2024, the latest employee count at Olx is 230.
Annual revenue of Olx is $20.76M as on Mar 31, 2024.
OLX is an online classifieds platform that enables its users to create ads and displays them on social networks.The platform enables its users to design ads with pictures and videos; control their selling, buying, and community activities in My OLX; display their ads on social networking profiles; access the site from their mobile phones, and view OLX accounts in their local languages.The company offers its services in the United States and internationally. As of August 4, 2010, OLX operates as a subsidiary of Myriad International Holdings B.V.
Olx offers OLX Platform.
Olx has 7 investors. Key investors include Bessemer Venture Partners, Nexus Venture Partners, Naspers, TBC Bank Group, and Founders Fund.