What is Wallapop?
Founded in 2013, Wallapop has evolved into a cornerstone of the European circular economy. By providing a seamless digital marketplace for peer-to-peer transactions, the company facilitates the exchange of pre-owned goods, effectively reducing waste and promoting sustainable consumption. Its platform architecture is designed to handle high-volume traffic, positioning it as a leader in the digital resale sector. As the company matures, it continues to refine its logistics and payment infrastructure to enhance user trust and transaction efficiency, maintaining a dominant footprint in its home market while exploring broader regional opportunities.
How much funding has Wallapop raised?
Wallapop has raised a total of $279.1M across 2 funding rounds:
Other Financing Round
$191M
Series G
$88.1M
Other Financing Round (2021): $191M with participation from Korelya Capital, Northzone, GP Bullhound, Accel, Insight Partners, and 14W Ventures
Series G (2023): $88.1M led by Accel, Insight Partners, and 14W Ventures
Key Investors in Wallapop
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth.
Insight Partners
Insight Partners is a global software investor that provides capital and operational support to high-growth technology and software scale-ups.
Northzone
Northzone is a multi-stage venture capital fund with extensive experience in disruptive technology cycles, having backed category-defining companies like Spotify and Klarna.
What's next for Wallapop?
With the infusion of $88.1M, Wallapop is well-positioned to accelerate its enterprise-level scaling initiatives. The strategic focus is expected to shift toward deepening market penetration and optimizing the platform's technological stack to support increased transaction velocity. By leveraging the expertise of its high-profile backers, the company is likely to prioritize product innovation and potential geographic diversification. This capital deployment serves as a critical bridge, enabling Wallapop to solidify its competitive moat against emerging rivals while continuing to scale its operations in a manner that balances rapid growth with long-term profitability.
See full Wallapop company page
