About VarageSale
VarageSale is a company based in Toronto (Canada) founded in 2012 was acquired by VerticalScope in November 2017. VarageSale has raised $34 million across 5 funding rounds from investors including Lightspeed Venture Partners, VerticalScope and Sequoia Capital. VarageSale has completed 1 acquisition, including Pampered Piglets. VarageSale offers products and services including VarageSale App. VarageSale operates in a competitive market with competitors including eBay, Adevinta, 58City, Karrot and Craigslist, among others.
- Headquarter Toronto, Canada
- SectorsRetail
- Website varagesale.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by VerticalScope (Nov 2017)
- Total Equity Funding$34M (USD)
in 5 rounds
- Latest Funding Round$34M (USD), Series B
Apr 2015
- InvestorsLightspeed Venture Partners
& 6 more
- Investments & Acquisitions
- Acquired byVerticalScope
(Nov 2017)
Products & Services of VarageSale
VarageSale offers a comprehensive portfolio of products and services, including VarageSale App.
Mobile app for community-based buying and selling of items locally
Apps and channels of VarageSale
VarageSale publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of VarageSale
VarageSale has successfully raised a total of $34M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $34 million completed in April 2015. 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.
- Total Funding $34M
- Total Rounds 5
- Last Round Series B — $34M
- Investors Count 6
All 5 funding rounds of VarageSale with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $34M | Series B | – | Sequoia Capital, Lightspeed Venture Partners | |
| Mar 2015 | – | Series B | – | – | |
| Jul 2014 | – | Series A | – | – | |
| Nov 2013 | – | Seed | – | – | |
| Jun 2013 | – | Seed | – | – |
7 investors in total: 7 institutional.
Investors in VarageSale
VarageSale has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, VerticalScope and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Early-stage investments are focused on by Floodgate in US startups. | – | floodgate.com | Menlo Park, United States | |
Investments are made in early-stage technology companies by Inovia Capital. | – | inovia.vc | Montreal, Canada | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | – | realventures.com | Montreal, Canada | |
Early-stage investments are provided to mission-driven technology founders. | – | versionone.vc | - | |
Internet media company | 1999 | verticalscope.com | Toronto, Canada |
Investor details for VarageSale
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by VarageSale
VarageSale has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pampered Piglets.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online communities are facilitated for sharing and discussing topics. | joinbunch.com | Montreal, Canada | 2008 | Feb 2014 | •••• |
Complete acquisition details for VarageSale
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of VarageSale
5 dated milestones of VarageSale across 5 years, from founding to its latest funding, stage changes and deals.
- Founded VarageSale is founded.
- Funding First funding round.
- Acquisition Acquires Pampered Piglets.
- Funding Latest funding round, Series B, of $34.0M.
- Exit Acquired by VerticalScope.
Competitors of VarageSale
VarageSale 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 eBay, Adevinta, 58City, Karrot and Craigslist, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ebay.com | 1995 | San Jose, United States | – | 12,300 | Multi-category consumer products are sold via an online marketplace platform. | |
| adevinta.com | 2019 | Oslo, Norway | – | 8,100 | Multi-category second-hand products are traded via an online P2P marketplace. | |
| 58.com | 2005 | Beijing, China | $140.78M | – | Online second-hand listing platform offering multi-category products and services | |
| karrotmarket.com | 2015 | Seoul, South Korea | $201.37M | – | Multi-category second-hand products are traded on an online marketplace platform. | |
| craigslist.org | 1995 | San Francisco, United States | – | 38 | Online classified forum | |
| lespac.com | 1996 | Montreal, Canada | – | 21 | Online classifieds platform for postings and searches in diverse categories. | |
| bunz.com | 2013 | Toronto, Canada | – | – | Online marketplace for trading items such as clothing, furniture, and art locally. |
Detailed competitors of VarageSale
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of VarageSale
The website of VarageSale (varagesale.com) receives about 351.2K visits a month.
- Monthly visits351.2K
▲ 8.6% vs previous month
Websites whose visitors overlap most with VarageSale. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
usedvictoria.com | usedvictoria.com | 100% | – | #109,614 | – |
kijiji.ca | kijiji.ca | 99% | – | #2,691 | – |
| bookoo.com | 87% | – | #332,354 | View details | |
usednanaimo.com | usednanaimo.com | 84% | – | #1,014,623 | – |
usedregina.com | usedregina.com | 84% | – | #4,081,792 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for VarageSale
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Varagesale
Complete news archive for VarageSale
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to VarageSale
10 companies that operate in the same segment as VarageSale (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
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Frequently Asked Questions about VarageSale
VarageSale was founded in 2012 and raised its 1st funding round 1 year after it was founded.
VarageSale is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
VarageSale is a funded company, having raised a total of $34M across 5 funding rounds to date.
VarageSale was founded in 2012 in Toronto, Canada, as an online marketplace in the e-commerce sector focused on second-hand items. Users are connected with local communities to facilitate buying, selling, and interactions. The platform operates for free and is accessible via its website at varagesale.com, along with mobile applications on iOS, Android, and Kindle. Millions of members are served across the US, Canada, and other global regions.
VarageSale offers VarageSale App.
VarageSale has made 1 acquisition, including Pampered Piglets.
VarageSale has 7 investors. Key investors include Lightspeed Venture Partners, VerticalScope, Sequoia Capital, Floodgate, and Inovia Capital.
Yes. VarageSale was acquired by VerticalScope in November 2017.
Yes. VarageSale publishes VarageSale: Local Buy & Sell and 1 more app, with over 1 million downloads.
The website of VarageSale receives about 351 thousand visits a month.