Iphone Refurbisher Swappie Raises $124M Series C Led By Verdane To Scale In Europe
Amount Raised
$124 Million
Round Type
Series C
FinlandOtherHardwareDesignDescription
Finland-based Swappie refurbishes and resells used iPhones, taking care of the entire process, and selling the refurbished devices via its own marketplace, with a 12-month warranty. Back in 2020, it closed a €35.8 million ($40.6M) Series B to expand into new markets in Europe.
Quick answer
Swappie raised $124 Million in a Series C round, dated February 15, 2022. Swappie is based in Finland.
- How much did Swappie raise?
- Swappie raised $124 Million in a Series C round on February 15, 2022.
- What does Swappie do?
- Operating in Germany, Austria, Ireland, France, Italy, and Poland, the startup plans to expand to three other countries.
- Where is Swappie based and how big is it?
- Swappie is based in Finland.
Source: Fundz verified event record.
Who else raised in Hardware and Design around the same time
Companies in the same sectors as Swappie that raised within 45 days of this round, from Fundz verified event records.
- Clockwork raised $21M (Funding Round) on March 16, 2022.
- Catalyst Software raised $21M on March 31, 2022.
- Altoida raised an undisclosed amount (Series A) on March 30, 2022.
- MHR Acquisitions, Inc. raised an undisclosed amount on March 30, 2022.
- Finger Lakes Region Rural Broadband Company, Inc. raised an undisclosed amount on March 30, 2022.
- EASY CHOICE BUSINESS SOLUTIONS INC raised $219K (Pre-Seed) on March 29, 2022.
Who to call at Swappie, and when
A new round usually means Swappie is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Swappie raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Swappie, from your own LinkedIn network
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Fundz sees it the moment Swappie raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Swappie raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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