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
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$34 M (USD)
in 5 rounds
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Latest Funding Round
$34 M (USD), Series B
Apr 02, 2015
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Investors
Lightspeed Venture Partners
& 6 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
VerticalScope
(Nov 08, 2017)
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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
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.
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.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage investments are focused on by Floodgate in US startups.
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Investments are made in early-stage technology companies by Inovia Capital.
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Investor details for VarageSale
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Investments & Acquisitions by VarageSale
VarageSale has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pampered Piglets.
Investment portfolio details for VarageSale
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Online communities are facilitated for sharing and discussing topics.
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Complete acquisition details for VarageSale
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Financial Statements - VarageSale
Detailed financials for VarageSale
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Varagesale Comparisons
Peer comparison for VarageSale
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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.
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Multi-category consumer products are sold via an online marketplace platform.
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Multi-category second-hand products are traded via an online P2P marketplace.
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Online second-hand listing platform offering multi-category products and services
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Multi-category second-hand products are traded on an online marketplace platform.
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Online classified forum
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Detailed competitors of VarageSale
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Latest news on Varagesale
Complete news archive for VarageSale
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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.