Etsy

Global online marketplace for handmade goods

New York City, New York, United States

About Etsy

Etsy is an online marketplace that connects buyers with sellers of handmade, vintage, and unique goods. The platform allows individual artisans, crafters, and small business owners to list a variety of products, such as jewelry, clothing, home decor, and personalized gifts. Etsy's marketplace is distinct because it focuses on one-of-a-kind items that are often not available in regular retail stores. The company generates revenue through transaction fees, listing fees, and optional advertising services that sellers can use to enhance their visibility. Additionally, Etsy offers subscription packages that provide sellers with advanced tools and analytics to help them grow their businesses.

New York City, New YorkHeadquarters
2005Year Founded
$89.2MTotal Funding
IPOCompany Stage
Consumer Software, Consumer GoodsIndustries
5,001-10,000Employees

Benefits

100% paid medical, dental, and vision coverage for employees and their eligible dependents
Life, AD&D, & supplemental long-and short-term disability insurance
Matching 401(k)
Generous PTO policy
Paid sabbatical program
Charitable contribution match
Volunteer time off

Risks

Emerging marketplaces like DishDivvy could draw away Etsy's customer base.
Klarna's payment option might lead to increased consumer debt and backlash.
Increased competition from new sellers may arise due to the rise in women entrepreneurs.

Differentiation

Etsy focuses on handmade, vintage, and unique items, unlike traditional e-commerce sites.
The platform supports small business owners and artisans, fostering a creative marketplace.
Etsy's global reach connects diverse buyers and sellers of one-of-a-kind products.

Upsides

Etsy's investment in DishDivvy could diversify its marketplace offerings.
Klarna's Buy Now, Pay Later option may boost Etsy's average order values.
The rise in women entrepreneurs aligns with Etsy's focus on small business owners.

Funding

Total raised$89.15 M
Latest valuation$1.80 B
StageIPO
IPO
3/31/2015
$267
$1.80 B
LATE VC
4/30/2012
$40
$200.00 M
SERIES E
7/31/2010
$20
$100.00 M
SERIES D
12/31/2007
$27
$135.00 M
SERIES C
6/30/2007
$3
$16.25 M
SERIES A
10/31/2006
$1
$5.00 M
SEED
5/31/2005
N/A
$2.00 M