Wallapop is one of the leading platforms of a second-hand marketplace where people can sell and purchase used goods at reasonable prices and can earn accordingly.
|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation|
|Wallapop||$191M||Korelya Capital||Rob Cassedy||$840M|
Wallapop closed $191M in funding and the company valuation reached $840M. The successful round was led by Korelya Capital with participation from GP Bullhound, Insight Partners, Northzone, 14W, and Accel. There was also the participation of prior backers.
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Spainbased Wallapop 191m 840m Korelya
CEO of Wallapop, Rob Cassedy, aims to use this funding to expand their platform and services which is yet only available in Spain. The marketplace has made it easy for people to resell their used items. The company has also initiated shipping services, Envios, to expand its business and make it easy for sellers to get their items to buyers.