Tuesday, August 9, 2016

OfferUp Eyes $120M Funding Round

Bellevue-based OfferUp is reportedly looking to raised $120M in a funding round, from private equity investor Warburg Pincus, according to reports. The new funding effort reportedly values OfferUp at around $1.2 billion. The funding effort was first detailed by the WSJ. OfferUp is led by Nick Huzar. The company's mobile apps lets buyers and sellers find each other, and is a challenger to Craigslist.