Depop has secured a €55 million Series C funding injection which is being led by General Atlantic. The company’s existing investors are also taking part.
The new money is set to be used to help boost its international expansion into the US. The company will also use some of the funds to invest in its engineering and data science teams.
Depop currently has a target of 15 million+ users in the US within three years. The US market is soon to be the company’s largest market.
