How Much Did Etsy Raise? Headquarters, Funding & Key Investors

Etsy has raised a total of $97.3 million across multiple funding rounds, including a notable post-IPO equity round in February 2024, backed by Elliott Investment Management. The Brooklyn-based e-commerce company provides a marketplace for handmade, vintage, and custom goods, empowering creative entrepreneurs and small businesses worldwide. With a workforce of 1,001–5,000 employees, Etsy connects buyers and sellers, fostering a community that values creativity, sustainability, and unique products.

Keep reading to explore Etsy’s funding journey, key investors, and what’s next for this innovative e-commerce platform.

What Is Etsy and What Does It Do?

Founded on June 18, 2005, by Chris Maguire, Haim Schoppik, Jared Tarbell, and Robert Kalin, Etsy is headquartered in Brooklyn, New York, United States. The platform enables individuals and small businesses to sell handmade, vintage, and craft supplies, offering a global marketplace for unique products.

Etsy’s marketplace supports a diverse array of categories, including art, clothing, home goods, and pet supplies, while prioritizing sustainability, community, and customer engagement.

How Much Funding Has Etsy Raised?

1. Angel Round
   • Amount Raised: $400K
   • Date: June 2005
   • Motivation: To develop the initial version of the marketplace.
2. Series A
   • Amount Raised: $1M
   • Date: November 2006
   • Lead Investors: Union Square Ventures
   • Motivation: To expand the team and scale platform infrastructure.
3. Series C
   • Amount Raised: $3.3M
   • Date: July 2007
   • Motivation: To grow marketing efforts and user base.
4. Series D
   • Amount Raised: $27M
   • Date: January 2008
   • Lead Investors: Accel
   • Motivation: To expand internationally and improve platform capabilities.
5. Series E
   • Amount Raised: $20M
   • Date: August 2010
   • Lead Investors: Index Ventures
   • Motivation: To enhance mobile capabilities and user engagement.
6. Series F
   • Amount Raised: $40M
   • Date: May 2012
   • Lead Investors: Index Ventures
   • Motivation: To support growth and prepare for IPO.
7. Private Equity Round
   • Amount Raised: $5.6M
   • Date: May 2014
   • Motivation: To expand product offerings and seller tools.

Total Funding Raised: $97.3M

Latest Funding Date: February 2024

Key Investors

1. Elliott Investment Management
   • Details: Activist investment firm managing ~$59B in assets; strategic involvement in Etsy with a board seat.
   • Investment Focus Areas: Technology, energy, financial services
   • Notable Investments: Match Group, Phillips 66, Crown Castle
2. Dragoneer Investment Group
   • Details: Growth-focused investment firm backing technology-enabled high-growth companies.
   • Investment Focus Areas: Technology, e-commerce, growth-stage companies
   • Notable Investments: Airbnb, Spotify, Uber
3. Index Ventures
   • Details: Global VC investing in technology and life sciences companies, supporting growth and scaling.
   • Investment Focus Areas: Technology, life sciences, e-commerce
   • Notable Investments: Dropbox, Slack, Robinhood
4. Accel
   • Details: VC firm partnering with early- and growth-stage technology founders.
   • Investment Focus Areas: Technology, internet, software
   • Notable Investments: Facebook, Spotify, Dropbox
5. Union Square Ventures
   • Details: VC investing in internet services and community-driven platforms.
   • Investment Focus Areas: Internet services, mobile applications, network effects
   • Notable Investments: Twitter, Tumblr, Coinbase

Where Is Etsy’s Headquarters?

Etsy is headquartered in Brooklyn, New York, United States, offering access to a major tech hub, creative talent, and investor networks.

What’s Next for Etsy?

With Elliott Management holding a significant stake and a board seat, Etsy is poised for strategic growth, an enhanced customer experience, and potential acquisitions to diversify its revenue streams. Challenges include competition from large e-commerce players and low-cost retailers.

Leveraging investor expertise and strategic partnerships, Etsy aims to strengthen its marketplace, expand product offerings, and sustain long-term success globally.

Get Investor & Funding Insights with TexAu

TexAu provides detailed fundraising data on companies like Etsy. Track investors, monitor funding rounds, and gather actionable insights to strengthen your sales and business strategy.

Sign up for Free on TexAu and turn data into smarter, faster business decisions.