About Etsy
Etsy is an e-commerce site and a smartphone application for buying and selling handmade and vintage items.
Headquarters
Etsy, Brooklyn
Founded
2005-06-18
Industry
Consumer Goods, E-Commerce, Internet, Retail, Sales
Last Funding Type
Post Ipo Equity
Valuation
26
Total Funding
$97.26 million dollars
IPO Status
Public
Financial
Etsy is focusing on enhancing its e-commerce platform through various technological advancements. They are developing a personalized recommender system using contrastive learning to improve cross-domain recommendations, which aligns with their marketplace model. Additionally, Etsy is working on a multi-source item creation system that allows users to input manufacturing parameters, facilitating custom product requests. These efforts aim to optimize user experience and streamline the buying and selling process on their platform.
Funding Rounds
10
Number of Lead Investors
4
Total Funding Amount
$97.26 million dollars
Number of Investors
20