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Consumer Electronics Reseller Reebelo Adds To Series A As It Lays Down Roots In Us

Mar 20, 2023over 2 years ago

Round Type

series a

San MateoAppsSoftwareCommerce And ShoppingHardwareConsumer Electronics

Investors

Tech Crunch

Description

The global circular economy, comprising the sale of secondhand and refurbished goods, was valued at about $339 billion in 2022 and is poised to more than double by 2026. Much of this is driven by consumer behavior to reduce waste and have more sustainable consumption of goods.

Company Information

Company

Reebelo

Location

San Mateo, California, United States

About

Reebelo is the world's leading marketplace for refurbished tech devices & lifestyle products. We enable consumers to save up to 70% on their favorite brands or flexibly rent products instead of buying them. Our vision is to reduce e-waste by building the circular economy for tech. Reebelo has offices in San Francisco Bay Area (USA), Singapore, Melbourne, Hong Kong, Kuala Lumpur & Auckland. Join our VC-funded startup if you want to be part of a high-growth, disruptive team working to make a positive impact!

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers