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B2C Prior Investment
Letgo's free and highly-rated app is a fast and easy way to buy and sell used goods locally. The mobile marketplace allows users to post an item for sale and create a custom, Hollywood-style ad in seconds, plus browse what’s for sale in their area, and chat instantly and privately with other buyers and sellers nearby. letgo was founded in January 2015 by Alec Oxenford and Jordi Castello, with Enrique Linares soon after joining as founding CEO. The company launched its platform publicly in May 2015 and the mobile app has already been downloaded millions of times. Oxenford, an expert and accomplished entrepreneur in ecommerce, previously founded and scaled global online classifieds leader OLX (co-founded by Fabrice Grinda), which has hundreds of millions of active users in India, Brazil, Poland and other growth markets around the world. letgo is headquartered in the Netherlands, with offices in New York and Barcelona.