Tech Company Inital Public Offerings

Poshmark IPO

Operating out of Redwood City, Poshmark is now a public company.

Transaction Overview

Company Name
Announced On
1/14/2021
Transaction Type
IPO
Amount
$277,000,000
Proceeds Purpose
We currently intend to use the net proceeds that we will receive from this offering for working capital, other general corporate purposes, and to fund our growth strategies.We intend to use a portion of the net proceeds we receive from this offering to satisfy the anticipated tax withholding and remittance obligations of approximately $2.0 million related to the settlement of our outstanding RSUs in connection with this offering...

Company Information

Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
101 Redwood Shores Pkwy. 3rd Floor
Redwood City, CA 94065
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
At Poshmark (Nasdaq: POSH), we are creating a fun and simple way to buy and sell fashion - right from your iPhone.
Profile
Poshmark LinkedIn Company Profile
Social Media
Poshmark Company Twitter Account
Company News
Poshmark News
Facebook
Poshmark on Facebook
YouTube
Poshmark on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Manish Chandra
  Manish Chandra LinkedIn Profile  Manish Chandra Twitter Account  Manish Chandra News  Manish Chandra on Facebook
Chief Technical Officer
Gautam Golwala
  Gautam Golwala LinkedIn Profile  Gautam Golwala Twitter Account  Gautam Golwala News  Gautam Golwala on Facebook
Vice President
Tracy Sun
  Tracy Sun LinkedIn Profile  Tracy Sun Twitter Account  Tracy Sun News  Tracy Sun on Facebook
VP - Engineering
Chetan Pungaliya
  Chetan Pungaliya LinkedIn Profile  Chetan Pungaliya Twitter Account  Chetan Pungaliya News  Chetan Pungaliya on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/13/2021: Open Farm venture capital transaction
Next: 1/15/2021: Tradeswell venture capital transaction

 

Share this article

 


About Database of VC Transactions

We report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary