Wallapop

es.wallapop.com ↗ ·Barcelona ·Series G

Wallapop is a Barcelona-based mobile-first marketplace for buying and selling second-hand goods between local users, using geolocation to surface nearby listings. Founded in 2013 by Agustín Gómez together with Antai Venture Builder's Miguel Vicente and Gerard Olivé, it operates in Spain, Italy and Portugal with roughly 19 million monthly users and is one of Spain's best-known consumer tech companies. Its last venture round was a Series G (2021, €157M, led by Korelya Capital) with extensions in 2023 (€81M, valuation €771M) and 2024 (€20M, valuation €806M); in 2025 South Korean internet group Naver bought out the remaining 70.5% to take 100% ownership, so Wallapop is now a Naver subsidiary rather than an independently VC-backed startup.

Founded
2013
Founders
3
Total funds raised
€287M
Rounds
7
Investors
15
Last round
Feb 2024
SectorsMarketplace, E-commerce, Consumer, Circular economy, Classifieds, Mobile Start-up MapMarketplace & E-commerce › Recommerce & second-hand marketplaces

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Founders

Agustín Gómez
Co-Founder (former CEO, later Chairman)
Miguel Vicente
Co-Founder

Global models 5

Letgo
United States · www.letgo.com ↗
Mobile-first local classifieds app for second-hand goods between consumers, using geolocation, earning from promoted listings and ads; founded by Spanish entrepreneurs and later merged into OfferUp.
~$1BComparable
Vinted
Lithuania · www.vinted.com ↗
Consumer-to-consumer second-hand marketplace app that earns from buyer protection fees, shipping and paid listing boosts, the model Wallapop moved towards with Wallapop Envíos.
~$500MComparable
Carousell
Mobile-first consumer-to-consumer marketplace for buying and selling used goods locally, earning from listing bumps, ads and protected payments.
~$400MComparable
OfferUp
United States · offerup.com ↗
Local second-hand buy-and-sell app built on geolocation, earning from promoted listings, advertising and shipping fees.
~$380MComparable
Mercari
Consumer-to-consumer resale app for used goods that takes a commission on each sale, with shipping built in; raised venture capital before its IPO.
~$120MComparable

In the same niche 15 others

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Notes: Most funded first

Investors 15

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Funding rounds 7

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