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Poshmark

Social marketplace for buying and selling secondhand fashion.

H-1B sponsor history — This employer has had H-1B petitions approved by USCIS in the last five fiscal years, per the USCIS H-1B Employer Data Hub. The approval belongs to the employer and is not a commitment to sponsor this role.
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Company facts

Founded
2011
Employees
800
Headquarters
United States
CEO
Manish Chandra
Type
Private
Funding
Series D · $87.5M · 2017
Subsidiaries
Suede One

About

What started as a small idea in a garage has transformed into one of the largest fashion resale marketplaces today. Poshmark was founded in 2011 by Manish Chandra, Chetan Pungaliya, Gautam Golwala, and Tracy Sun with a vision to revolutionize online shopping by connecting people through a vibrant social platform. The founders recognized early on that technology could empower individuals to create businesses from their closets, allowing them to buy and sell fashion, home decor, beauty, and more directly from their smartphones. The journey began with a simple mobile app designed to make selling and shopping not just accessible, but also engaging and fun. Over the years, Poshmark has seen remarkable growth, amassing a community of over 130 million users across the U.S. and Canada, generating over $10 billion in gross merchandise value (GMV). These figures showcase not only the platform's popularity but also the empowerment it provides to users, enabling them to earn billions in revenue by trading items and discovering unique deals. With core principles of simplicity, social engagement, and sustainability, Poshmark has become synonymous with the secondhand fashion movement, contributing significantly to a more sustainable future for the fashion industry.

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