Wallapop
#1 hyper-local marketplace for buying and selling secondhand goods in Spain, redefining circular commerce.
Fund I
Miguel Vicente, Agustín Gómez & Gerard Olivé
2014
Why we invested
The secondhand market in Spain lacked a seamless, mobile-first experience for buying and selling goods. Wallapop revolutionized peer-to-peer commerce with a location-based marketplace, making transactions faster, safer, and more convenient.
By leveraging geolocation, Wallapop enables users to discover items nearby, simplifying logistics and increasing engagement. Its intuitive interface and AI-powered search optimize matching between buyers and sellers.
The founding team brought expertise in marketplaces, consumer tech, and digital scalability. Their ability to drive user acquisition and retention established Wallapop as Spain’s leading secondhand platform.
As sustainability and circular economy trends grow, Wallapop continues to thrive. With millions of active users and expanding monetization strategies, it remains a dominant force in Spain’s e-commerce landscape.
Our vision for
the future
01.
The secondhand economy will become a dominant force in retail, with consumers prioritizing sustainability and affordability. AI-driven platforms will enhance product discovery, pricing, and trust in peer-to-peer transactions.
02.
Authentication and verification technologies will power the resale market. Blockchain, digital IDs, and automated quality assessments will ensure transparency and reduce fraud in high-value secondhand goods.
03.
Brands and retailers will embrace recommerce by integrating resale platforms into their business models. Certified pre-owned marketplaces will offer customers trade-in incentives, driving engagement and extending product lifecycles.
04.
The sharing economy will expand beyond goods, with secondhand platforms facilitating rentals, swapping, and fractional ownership models. This shift will drive circular commerce, making sustainable consumption mainstream.