Poshmark

Redwood City, California, United States Consumer Internet / E-Commerce Public

Poshmark is a social marketplace where users buy and sell new and secondhand fashion, accessories, home goods, beauty and electronics. It combines peer-to-peer resale with social features like sharing, following and live shopping to connect millions of buyers and sellers across the US, Canada, Australia and India. Acquired by South Korean internet giant Naver for about $1.2 billion in January 2023, it now operates as a standalone Naver subsidiary.

Public Company

Poshmark is publicly traded

IPO'd on Jan 14, 2021

POSH NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under POSH.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

1,000–1,500

Total Funding

$153M

5 rounds

Last Private Valuation

$0.6B

Nov 14, 2017

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $153M across 5 rounds

Last updated 06-25-2026

DateRoundAmount RaisedValuationLead Investors
Nov 14, 2017 Series D TechCrunch $87.5M $0.6B Temasek
Apr 13, 2016 Series C (extension led by GGV) $25M GGV Capital
2014 Series C $25M Menlo Ventures

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$5M $10M $20M $50M $100M $200M $500M 2012 2014 2016 Poshmark

Entry · Series A

$7M

Feb 2011

Poshmark today

$600M

Nov 2017 · latest mark

Poshmark multiple

92.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Namsun Kim

    Chief Executive Officer

  • Manish Chandra

    Founder & Board Director (former CEO)

    LinkedIn
  • Gautam Golwala

    Co-Founder & Chief Technology Officer

  • Tracy Sun

    Co-Founder & SVP, Seller Experience

  • Chetan Pungaliya

    Co-Founder & SVP, Engineering

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Depop

    UK-based social commerce platform for buying and selling vintage, streetwear, and new fashion items with zero seller fees

  • Vinted

    Europe-based secondhand marketplace specializing in men's, women's, and kids' fashion and accessories with zero seller fees

  • Mercari

    Japanese second-hand marketplace for fashion, electronics, toys, and homewares with 10% seller fees across all categories

  • Vestiaire Collective

    French luxury-focused secondhand platform with B-Corp certification and expert authentication for designer goods

  • The RealReal

    US-based luxury consignment and resale platform for authenticated designer items

  • eBay

    Global e-commerce and auction platform with fashion resale category and peer-to-peer selling model

Poshmark Investment FAQ

Poshmark FAQ

Yes, Poshmark is publicly traded under the ticker symbol POSH on the NASDAQ. The company went public in Jan 14, 2021.

Poshmark trades under the ticker symbol POSH on the NASDAQ. It began trading in Jan 14, 2021.

Poshmark (POSH on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker POSH to place an order.

Poshmark went public in Jan 14, 2021 via ipo, with an offering valuation of approximately $0.6B. Poshmark completed its IPO on January 14, 2021, at $42.00 per share, raising $277M and valuing the company at approximately $8.5B. The company was delisted from NASDAQ on January 5, 2023, following completion of its acquisition by South Korean internet conglomerate Naver Corporation for $17.90 per share (enterprise value $1.2B), announced October 3, 2022.

Poshmark raised $153M across 5 disclosed funding rounds prior to its public listing.

Poshmark was co-founded by Manish Chandra, Gautam Golwala, Tracy Sun, and 1 others in 2011.

Poshmark is headquartered in Redwood City, California, United States.

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