Headquarters: 55 Washington St., Suite 512
Brooklyn, NY 11201
CEO: Chad Dickerson
Stock Symbol: ETSY
Etsy is the world’s leading online destination and marketplace for handmade items. The site has over 26.1 million active members from 200+ countries, more than 40 million listed items for sale and over 1.7 million active sellers.
The company says its mission is to empower people to change the way the global economy works. It sees a world in which very-very small businesses have much-much more sway in shaping the economy, local living economies are thriving everywhere, and people value authorship and provenance as much as price and convenience.
The company reported total gross merchandise sales of $2.38 billion in 2015, a 23.6% increase, and revenue of nearly $273.4 million, up 39.8%. The company reported a net loss for 2015 of $54.0 million.
Etsy acquired Blackbird Technologies in September 2016, a company that uses artificial intelligence to improve search results.
Etsy went public on April 16, 2015 on Nasdaq stock market.
Etsy was conceived by Rob Kalin in early 2005. A painter, carpenter, and photographer, Rob found there was no viable marketplace to exhibit and sell his creations online other E-commerce sites having become too inundated with overstock electronics and broken appliances.
Ever industrious, Kalin, along with Chris Maguire and Haim Schoppik, designed the site, wrote the code, assembled the servers, spliced the cables, and launched Etsy on June 18th, 2005 after only three sleepless months.
Employees receive company-paid health benefits, generous time off, and Eatsy, a weekly locally sourced company meal.