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About Etsy
Industries
Consumer Software
Consumer Goods
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
$89.2M
Headquarters
New York City, New York
Founded
2005
Overview
Company Historically Provides H1B Sponsorship
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 operates by charging sellers transaction fees, listing fees, and offering optional advertising services to help promote their products. This model allows Etsy to earn revenue from each sale, as well as from additional services like promoted listings and shipping labels. Unlike traditional retail stores, Etsy focuses on providing a space for one-of-a-kind items, making it a go-to platform for consumers seeking unique products. The company's goal is to empower small businesses and artisans by providing them with the tools and resources needed to succeed in the online marketplace.
Simplify's Take
What believers are saying
- 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.
What critics are saying
- 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.
What makes Etsy unique
- 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.
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Funding
Total Funding
$89.2M
Below
Industry Average
Funded Over
7 Rounds
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
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 3%2 year growth
↑ 3%DishDivvy, a Los Angeles, CA-based marketplace that connects skilled home cooks to local customers, raised $1.3M in Pre-Seed funding. The round was led by 10X Venture with participation from DoorDash, Etsy, Eaze, and MasterClass. The company intends to use the funds to accelerate expansion in key markets by investing in product development, operations and team [] The post DishDivvy Closes $1.3M Pre-Seed Funding appeared first on FinSMEs.
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There are no jobs for Etsy right now.
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About Etsy
Industries
Consumer Software
Consumer Goods
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
$89.2M
Headquarters
New York City, New York
Founded
2005
There are no jobs for Etsy right now.
Find jobs on Simplify and start your career today