248:
December 2017, the company anticipated closing out the year with close to $ 400 million in sales. In August 2016, Reverb hired its first on-the-ground employees in the UK, France, and
Australia. In the same month, the company launched its mobile app outside of North America. Within a year of its expansion into Europe, the company grew its users in the region by 700 percent and its sales in the region by 300 percent. As of 2017, the company has additional team members in Germany and Japan.
263:, Chief Executive Officer of Etsy, commented, "We are excited to officially welcome Reverb's employees and the entire Reverb community to Etsy. We see significant potential in the Reverb marketplace and look forward to supporting them as they enable more and more music lovers around the world to buy, sell, connect, and learn. It is our goal to unlock further value in what is already a strong and vibrant business with key competitive differentiation."
29:
236:, who said, “As a regular user of Reverb.com, I am witnessing first-hand the positive impact that the company is having on musicians and the way instruments are bought and sold. I’m excited to support not only a successful marketplace—as that business model has proven itself powerful—but a company that’s uplifting an entire industry.”
194:
To help users determine market values for instruments, Reverb has a price guide of real-time transactional data. It offers iPhone and
Android apps that include the site's main features, and as of 2017 has on-the-ground support in the UK, The Netherlands, Australia, Germany, France and Japan. In late
275:
Another factor in the company's success is that roughly 85 percent of employees are musicians. Dave Depper, touring guitarist for Death Cab for Cutie, said, "My experience has been 100 percent positive. You can just tell it's run by people who are musicians or who care about musicians' experience."
247:
In August 2017, Reverb was named No. 18 on the Inc 5000 list of fastest-growing private companies, with 12,327 percent three-year growth (2013–2016.) In 2016, the company generated $ 16 million in revenue and supported $ 240 million in sales of new and used equipment through its platform. As of
208:
In
November 2013, Reverb secured $ 2.3 million in funding from investors including Cheap Trick's Rick Nielsen, Lightbank co-founders Brad Keywell and Eric Lefkofsky, David Lowery of Cracker and Camper van Beethoven, Silicon Valley entrepreneur Eric Ries, and country music star Brad Paisley. The
271:
Reverb charges a commission fee to the seller and a small percent for credit card processing. Kalt said, “When we started Reverb.com, musicians were getting 50¢ on the dollar when they sold something and paying 100¢ on the dollar when they bought something. By cutting fees and offering more
256:
On August 15, 2019, Etsy completed the acquisition of Reverb.com for $ 275 million in cash, subject to certain adjustments with respect to cash, working capital, transaction expenses, and the value of equity awards granted in connection with the transaction.
195:
2017, it launched Reverb LP, an online marketplace for LPs and other physical music; and the Reverb
Foundation, with non-profit supporting programs and initiatives to increase access to music education, equipment, and playing opportunities.
495:
164:
and became frustrated with then-available options for buying and selling guitars online. It has grown into a multimillion-dollar business with more than 10 million monthly visitors. In August 2019,
160:
for new, used, and vintage musical equipment, including instruments used by notable musicians. It was founded in 2013 by David Kalt, shortly after he purchased the musical instrument store
276:
Depper also cited the website's community feel as a positive, and that he is able to buy an instrument before a tour and sell it for about the same price after.
171:
Reverb allows anyone to create free listings for musical instruments and other related equipment. It has also sold equipment from popular artists such as
1335:
1330:
1015:
729:
1040:
860:
1298:
599:
782:
757:
627:
225:
209:
company raised another $ 4.2 million in
January 2015 before announcing an additional $ 25 million led by global growth equity investor
548:
442:
1065:
1117:
1340:
1091:
521:
1194:
911:
574:
287:
In addition to shops from individuals and dealers, Reverb has hosted sales for a number of notable artists, including:
279:
The company also provides informative content such as demo videos and how-to articles to drive traffic to the website.
216:
In August 2017, the company announced another $ 15 million in funding from 65 investors, including PayPal co-founder
1142:
704:
1168:
496:"Etsy Completes Acquisition of Reverb, a Leading Online Marketplace for New, Used and Vintage Musical Instruments"
414:
677:
272:
information about comparable sales, we've narrowed that gap—and gotten millions more instruments on sale."
989:
939:
835:
810:
652:
1220:
1273:
389:
1246:
108:
161:
1274:"Deryck Whibley is selling off a "treasure trove" of gear used across two decades with Sum 41"
470:
964:
526:
297:
8:
49:
885:
575:"Billie Joe Armstrong is selling pieces of Green Day history - News - Alternative Press"
239:
Including seed funding, the latest round brings Reverb's total funding to $ 47 million.
385:
351:
157:
836:"How to scale without crashing and burning? Secrets of 8 smart entrepreneurs #sbwchi"
323:
319:
1247:"Brent Hinds to Sell His Personal Guitars, Amps, and More in Official Reverb Shop"
1066:"You Can Now Buy Wilco's Old Instruments, Gear, Test Pressings, More - Pitchfork"
549:"You Can Now Buy Wilco's Old Instruments, Gear, Test Pressings, More - Pitchfork"
210:
1299:"My Bloody Valentine's Kevin Shields Announces Signature Guitar Pedal by Fender"
940:"Relevant work experience for this startup? Try 10 years as a touring musician"
443:"How an Entrepreneur's Frustrations Created an eBay for Music Gear Marketplace"
363:
314:
260:
188:
126:
1324:
368:
221:
1195:"Mike Gordon Partners With Reverb To Sell Gear Used In Studio & On Tour"
1221:"Nine Inch Nails collaborator Alessandro Cortini to launch new Reverb shop"
758:"Reverb, Marketplace for Musicians, Cranks Up With $ 25 Million in Funding"
328:
303:
291:
233:
184:
1118:"Nirvana's 'In Utero' Microphones Headed to Steve Albini-Approved Auction"
1092:"Jimmy Chamberlin Is Selling His Old Smashing Pumpkins Stuff - Pitchfork"
415:"Frank Iero is selling gear from My Chemical Romance and his early bands"
357:
345:
229:
217:
1041:"E Street Band Guitarist Nils Lofgren Selling Instruments, Vintage Gear"
628:"Ray LaMontagne Launches Shop Where You Can Buy His Guitars, Amps, Etc"
373:
39:
811:"The Brilliant Way One Founder Made a Killing From the Music Industry"
1143:"Dinosaur Jr.'s J Mascis Selling Over 100 Pieces of Gear - Pitchfork"
990:"Billy Corgan Is Selling a Ton of Smashing Pumpkins Guitars and Gear"
600:"Billy Corgan to Sell Guitars, Amps Used on Smashing Pumpkins Albums"
340:
180:
1016:"Black Sabbath Drummer Bill Ward Selling Vintage, Studio-Used Gear"
334:
172:
90:
678:"Discogs meets Match.com on Reverb's new online vinyl marketplace"
28:
86:
309:
176:
165:
131:
522:"Maroon 5 to Sell Massive Batch Of Musical Gear On Reverb"
1169:"Here's Your Chance to Own a Piece of Steve Vai's Gear"
934:
932:
705:"MMR magazine - Reverb Launches the Reverb Foundation"
912:"Music Inc. Magazine — November 2017 Digital Edition"
861:"Reverb Launches Its Online Vinyl Record Marketplace"
653:"Music Inc. Magazine — November 2017 Digital Edition"
242:
465:
463:
142:
929:
775:
622:
620:
730:"Reverb.com gets pleasant feedback: $ 2.3 million"
471:"Chicago's music gear darling nabs another $ 15M"
460:
1322:
752:
750:
617:
519:
747:
1271:
805:
803:
27:
437:
435:
1336:Online marketplaces of the United States
800:
783:"Reverb.com raises another $ 15 million"
1331:Internet properties established in 2013
412:
1323:
702:
432:
251:
16:Online marketplace for music equipment
331:(sold mics from Nirvana's “In Utero”)
408:
406:
520:Pedrosa, Marina (August 29, 2018).
168:acquired Reverb for $ 275 million.
13:
413:Hardman, Neville (June 21, 2023).
243:Growth and international expansion
14:
1352:
403:
379:
266:
886:"Reverb Scores Hiring Hat Trick"
1291:
1265:
1239:
1213:
1187:
1161:
1135:
1110:
1084:
1058:
1033:
1008:
982:
957:
904:
878:
853:
828:
722:
696:
670:
645:
282:
1272:Matt Parker (March 22, 2023).
592:
567:
541:
513:
488:
213:in December of the same year.
1:
1341:2019 mergers and acquisitions
396:
390:NAMM Oral History Collection
7:
61:; 11 years ago
10:
1357:
419:Alternative Press Magazine
220:, Silicon Valley investor
203:
198:
137:
125:
115:
101:
81:
73:
55:
45:
35:
26:
965:"MSR 01 2017 (January)"
703:Wissmuller, Christian.
162:Chicago Music Exchange
969:MSR 01 2017 (January)
224:, former Twitter COO
865:www.americaninno.com
386:David Kalt Interview
306:of the E Street Band
294:of Smashing Pumpkins
1098:. February 23, 2017
892:. September 8, 2016
840:chicagobusiness.com
787:chicagobusiness.com
734:chicagobusiness.com
684:. December 13, 2017
682:thevinylfactory.com
252:Acquisition by Etsy
117:Number of employees
50:Musical instruments
23:
1201:. October 10, 2017
1175:. October 10, 2017
1149:. October 25, 2017
500:investors.etsy.com
354:of Nine Inch Nails
352:Alessandro Cortini
158:online marketplace
107:David Mandelbrot (
21:
1253:. August 15, 2018
1227:. August 19, 2017
579:Alternative Press
324:Smashing Pumpkins
151:
150:
1348:
1315:
1314:
1312:
1310:
1295:
1289:
1288:
1286:
1284:
1269:
1263:
1262:
1260:
1258:
1243:
1237:
1236:
1234:
1232:
1217:
1211:
1210:
1208:
1206:
1191:
1185:
1184:
1182:
1180:
1165:
1159:
1158:
1156:
1154:
1139:
1133:
1132:
1130:
1128:
1114:
1108:
1107:
1105:
1103:
1088:
1082:
1081:
1079:
1077:
1072:. March 16, 2017
1062:
1056:
1055:
1053:
1051:
1037:
1031:
1030:
1028:
1026:
1012:
1006:
1005:
1003:
1001:
986:
980:
979:
977:
975:
961:
955:
954:
952:
950:
944:Built In Chicago
936:
927:
926:
924:
922:
908:
902:
901:
899:
897:
882:
876:
875:
873:
871:
857:
851:
850:
848:
846:
832:
826:
825:
823:
821:
807:
798:
797:
795:
793:
779:
773:
772:
770:
768:
754:
745:
744:
742:
740:
726:
720:
719:
717:
715:
700:
694:
693:
691:
689:
674:
668:
667:
665:
663:
649:
643:
642:
640:
638:
624:
615:
614:
612:
610:
596:
590:
589:
587:
585:
571:
565:
564:
562:
560:
555:. March 16, 2017
545:
539:
538:
536:
534:
517:
511:
510:
508:
506:
492:
486:
485:
483:
481:
475:Built In Chicago
467:
458:
457:
455:
453:
439:
430:
429:
427:
425:
410:
320:Jimmy Chamberlin
300:of Black Sabbath
147:
144:
69:
67:
62:
31:
24:
20:
1356:
1355:
1351:
1350:
1349:
1347:
1346:
1345:
1321:
1320:
1319:
1318:
1308:
1306:
1305:. June 13, 2023
1297:
1296:
1292:
1282:
1280:
1270:
1266:
1256:
1254:
1245:
1244:
1240:
1230:
1228:
1219:
1218:
1214:
1204:
1202:
1193:
1192:
1188:
1178:
1176:
1173:guitarworld.com
1167:
1166:
1162:
1152:
1150:
1141:
1140:
1136:
1126:
1124:
1116:
1115:
1111:
1101:
1099:
1090:
1089:
1085:
1075:
1073:
1064:
1063:
1059:
1049:
1047:
1039:
1038:
1034:
1024:
1022:
1014:
1013:
1009:
999:
997:
996:. July 13, 2017
988:
987:
983:
973:
971:
963:
962:
958:
948:
946:
938:
937:
930:
920:
918:
916:musicincmag.com
910:
909:
905:
895:
893:
884:
883:
879:
869:
867:
859:
858:
854:
844:
842:
834:
833:
829:
819:
817:
809:
808:
801:
791:
789:
781:
780:
776:
766:
764:
756:
755:
748:
738:
736:
728:
727:
723:
713:
711:
709:mmrmagazine.com
701:
697:
687:
685:
676:
675:
671:
661:
659:
657:musicincmag.com
651:
650:
646:
636:
634:
626:
625:
618:
608:
606:
598:
597:
593:
583:
581:
573:
572:
568:
558:
556:
547:
546:
542:
532:
530:
518:
514:
504:
502:
494:
493:
489:
479:
477:
469:
468:
461:
451:
449:
441:
440:
433:
423:
421:
411:
404:
399:
382:
337:of Dinosaur Jr.
285:
269:
254:
245:
211:Summit Partners
206:
201:
141:
121:270 (2022)
118:
104:
97:
93:
65:
63:
60:
17:
12:
11:
5:
1354:
1344:
1343:
1338:
1333:
1317:
1316:
1290:
1264:
1238:
1212:
1186:
1160:
1134:
1109:
1083:
1057:
1032:
1007:
981:
956:
928:
903:
890:msretailer.com
877:
852:
827:
799:
774:
746:
721:
695:
669:
644:
616:
591:
566:
540:
512:
487:
459:
431:
401:
400:
398:
395:
394:
393:
381:
380:External links
378:
377:
376:
371:
366:
364:Deryck Whibley
361:
355:
349:
343:
338:
332:
326:
317:
315:Ray Lamontagne
312:
307:
301:
295:
284:
281:
268:
267:Business model
265:
261:Josh Silverman
253:
250:
244:
241:
205:
202:
200:
197:
189:Ray Lamontagne
149:
148:
139:
135:
134:
129:
123:
122:
119:
116:
113:
112:
105:
102:
99:
98:
95:
85:
83:
79:
78:
75:
71:
70:
57:
53:
52:
47:
43:
42:
37:
33:
32:
15:
9:
6:
4:
3:
2:
1353:
1342:
1339:
1337:
1334:
1332:
1329:
1328:
1326:
1304:
1300:
1294:
1279:
1275:
1268:
1257:September 17,
1252:
1248:
1242:
1226:
1222:
1216:
1200:
1196:
1190:
1174:
1170:
1164:
1148:
1144:
1138:
1123:
1122:Rolling Stone
1119:
1113:
1097:
1093:
1087:
1071:
1067:
1061:
1046:
1045:Rolling Stone
1042:
1036:
1021:
1020:Rolling Stone
1017:
1011:
995:
991:
985:
970:
966:
960:
945:
941:
935:
933:
917:
913:
907:
891:
887:
881:
866:
862:
856:
841:
837:
831:
816:
812:
806:
804:
788:
784:
778:
763:
759:
753:
751:
735:
731:
725:
710:
706:
699:
683:
679:
673:
658:
654:
648:
633:
629:
623:
621:
605:
604:Rolling Stone
601:
595:
580:
576:
570:
554:
550:
544:
529:
528:
523:
516:
501:
497:
491:
476:
472:
466:
464:
448:
444:
438:
436:
420:
416:
409:
407:
402:
391:
387:
384:
383:
375:
372:
370:
369:Kevin Shields
367:
365:
362:
359:
356:
353:
350:
347:
344:
342:
339:
336:
333:
330:
327:
325:
321:
318:
316:
313:
311:
308:
305:
302:
299:
296:
293:
290:
289:
288:
280:
277:
273:
264:
262:
258:
249:
240:
237:
235:
231:
227:
223:
222:Roger McNamee
219:
214:
212:
196:
192:
190:
186:
182:
178:
174:
169:
167:
163:
159:
155:
146:
140:
136:
133:
130:
128:
124:
120:
114:
110:
106:
100:
92:
88:
84:
80:
76:
72:
58:
54:
51:
48:
44:
41:
38:
34:
30:
25:
19:
1307:. Retrieved
1302:
1293:
1281:. Retrieved
1277:
1267:
1255:. Retrieved
1250:
1241:
1229:. Retrieved
1224:
1215:
1203:. Retrieved
1198:
1189:
1177:. Retrieved
1172:
1163:
1151:. Retrieved
1146:
1137:
1125:. Retrieved
1121:
1112:
1100:. Retrieved
1095:
1086:
1074:. Retrieved
1069:
1060:
1048:. Retrieved
1044:
1035:
1023:. Retrieved
1019:
1010:
998:. Retrieved
993:
984:
972:. Retrieved
968:
959:
947:. Retrieved
943:
919:. Retrieved
915:
906:
894:. Retrieved
889:
880:
868:. Retrieved
864:
855:
843:. Retrieved
839:
830:
818:. Retrieved
814:
790:. Retrieved
786:
777:
765:. Retrieved
761:
737:. Retrieved
733:
724:
712:. Retrieved
708:
698:
686:. Retrieved
681:
672:
660:. Retrieved
656:
647:
635:. Retrieved
631:
607:. Retrieved
603:
594:
582:. Retrieved
578:
569:
557:. Retrieved
552:
543:
531:. Retrieved
525:
515:
505:November 27,
503:. Retrieved
499:
490:
478:. Retrieved
474:
450:. Retrieved
446:
422:. Retrieved
418:
329:Steve Albini
304:Nils Lofgren
292:Billy Corgan
286:
283:Artist shops
278:
274:
270:
259:
255:
246:
238:
234:Shutterstock
215:
207:
193:
185:Billy Corgan
170:
153:
152:
82:Headquarters
36:Company type
18:
1278:guitarworld
1231:January 15,
1225:factmag.com
1205:January 15,
1199:jambase.com
1179:January 15,
1153:January 15,
1127:January 15,
1102:January 15,
1076:January 15,
1050:January 15,
1025:January 15,
1000:January 15,
974:January 15,
949:January 15,
921:January 15,
896:January 15,
845:January 15,
820:January 15,
792:January 15,
767:January 15,
739:January 15,
714:January 15,
688:January 15,
662:January 15,
637:January 15,
609:January 15,
584:January 15,
559:January 15,
480:January 15,
452:January 15,
360:of Mastodon
358:Brent Hinds
346:Mike Gordon
230:Jon Oringer
218:Max Levchin
1325:Categories
1251:reverb.com
397:References
374:Frank Iero
154:Reverb.com
103:Key people
77:David Kalt
40:Subsidiary
22:Reverb.com
1303:Pitchfork
1147:Pitchfork
1096:Pitchfork
1070:Pitchfork
870:April 14,
762:Billboard
553:Pitchfork
527:Billboard
341:Steve Vai
298:Bill Ward
232:, CEO of
226:Adam Bain
181:Green Day
1309:June 17,
1283:April 3,
424:June 29,
348:of Phish
335:J Mascis
173:Maroon 5
91:Illinois
46:Industry
815:inc.com
533:June 8,
447:inc.com
322:of the
204:Funding
199:History
138:Website
87:Chicago
74:Founder
64: (
56:Founded
392:(2018)
228:, and
156:is an
143:reverb
127:Parent
632:Paste
310:Wilco
177:Wilco
1311:2023
1285:2023
1259:2018
1233:2018
1207:2018
1181:2018
1155:2018
1129:2018
1104:2018
1078:2018
1052:2018
1027:2018
1002:2018
994:Spin
976:2018
951:2018
923:2018
898:2018
872:2021
847:2018
822:2018
794:2018
769:2018
741:2018
716:2018
690:2018
664:2018
639:2018
611:2018
586:2018
561:2018
535:2020
507:2019
482:2018
454:2018
426:2023
187:and
166:Etsy
145:.com
132:Etsy
96:U.S.
66:2013
59:2013
388:at
109:CEO
1327::
1301:.
1276:.
1249:.
1223:.
1197:.
1171:.
1145:.
1120:.
1094:.
1068:.
1043:.
1018:.
992:.
967:.
942:.
931:^
914:.
888:.
863:.
838:.
813:.
802:^
785:.
760:.
749:^
732:.
707:.
680:.
655:.
630:.
619:^
602:.
577:.
551:.
524:.
498:.
473:.
462:^
445:.
434:^
417:.
405:^
191:.
183:,
179:,
175:,
94:,
89:,
1313:.
1287:.
1261:.
1235:.
1209:.
1183:.
1157:.
1131:.
1106:.
1080:.
1054:.
1029:.
1004:.
978:.
953:.
925:.
900:.
874:.
849:.
824:.
796:.
771:.
743:.
718:.
692:.
666:.
641:.
613:.
588:.
563:.
537:.
509:.
484:.
456:.
428:.
111:)
68:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
