About Wallapop
Wallapop is a company based in Barcelona (Spain) founded in 2013 by Gerard Olive and Miguel Vicente was acquired by Naver in August 2025.. Wallapop has raised $370.56 million across 9 funding rounds from investors including NAVER, Naver and Accel. Wallapop has completed 1 acquisition, including Sell It. Wallapop offers products and services including Wallapop App. Wallapop operates in a competitive market with competitors including eBay, Adevinta, 58City, Karrot and CoinAfrique, among others.
- Headquarter Barcelona, Spain
- Founders Gerard Olive, Miguel Vicente
- Stage Soonicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
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Social
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Products & Services of Wallapop
Wallapop offers a comprehensive portfolio of products and services, including Wallapop App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for buying and selling local items through free ads
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Software Development Team
27 people
Product Management Team
24 people
Sales and Marketing
10 people
Data Analysis and Operations Team
8 people
Human Resources and Administration
7 people
Senior Team
7 people
Creative and Marketing Team
4 people
Customer Team
4 people
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Funding Insights of Wallapop
Wallapop has successfully raised a total of $370.56M across 9 strategic funding rounds. The most recent funding activity was a Series G round of $21.7 million completed in February 2024. 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 Total Funding
- Total Rounds 9
- Last Round Series G — $21.7M
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First Round
First Round
(24 Apr 2014)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series G - Wallapop | Valuation |
investors |
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| Jan, 2023 | Amount | Series G - Wallapop | Valuation | NAVER , Korelya Capital | |
| Feb, 2021 | Amount | Series G - Wallapop | Valuation | Korelya Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wallapop
Wallapop has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include NAVER, Naver and Accel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on investing in tech startups
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Tech-focused VC firm funding companies in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wallapop
Wallapop has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sell It. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Local classifieds
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wallapop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wallapop Comparisons
Competitors of Wallapop
Wallapop 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 CoinAfrique, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category second-hand products are traded via an online P2P marketplace.
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| domain | founded_year | HQ Location |
Online second-hand listing platform offering multi-category products and services
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| domain | founded_year | HQ Location |
Multi-category second-hand products are traded on an online marketplace platform.
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| domain | founded_year | HQ Location |
Pre-owned products are listed via an app-based platform for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wallapop
Frequently Asked Questions about Wallapop
When was Wallapop founded?
Wallapop was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Wallapop located?
Wallapop is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Wallapop?
Rob Cassedy is the current CEO of Wallapop.
Is Wallapop a funded company?
Wallapop is a funded company, having raised a total of $370.56M across 9 funding rounds to date. The company's 1st funding round was a Series G of $190.85M, raised on Apr 24, 2014.
What does Wallapop do?
Wallapop was founded in 2013 in Barcelona, Spain, as an app-based marketplace and classified platform. Used items across categories such as bicycles, mobile phones, clothing, and furniture are bought and sold by users. Local listings are prioritized at the top of search results to facilitate neighborhood discoveries. Mobile applications are offered for Android and iOS devices, supporting operations in the second-hand goods sector.
Who are the top competitors of Wallapop?
Wallapop's top competitors include eBay, Adevinta and CoinAfrique.
What products or services does Wallapop offer?
Wallapop offers Wallapop App.
How many acquisitions has Wallapop made?
Wallapop has made 1 acquisition, including Sell It.
Who are Wallapop's investors?
Wallapop has 17 investors. Key investors include NAVER, Naver, Accel, GP Bullhound, and FJ Labs.
What is Wallapop's valuation?
The valuation of Wallapop is $832M as of Jan 2023.
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