Back Market
Latest round
- Series E
Last raised
- Feb 2022
Total raised
- $645M
Investors
- 8
About Back Market
Based in France, Back Market, Inc.Founded in 2014 in Paris, France, Back Market, Inc. focuses on the sale of refurbished electronics. The company was established by Daniel Cardoso, Quentin Le Brouster, Thibaud De Larauze, and Vianney Vaute, who aimed to create a sustainable option for tech consumers.Back Market specializes in the sale of refurbished electronic devices, focusing primarily on smartphones, laptops, tablets, gaming consoles, smartwatches, and audio equipment. The company operates a marketplace connecting consumers with refurbished devices restored to a high standard, often functioning as good as new, but at prices typically up to 70% lower than brand-new counterparts.Back Market generates revenue through direct-to-consumer sales of refurbished electronic devices via its online platform.60. The straightforward transaction structure allows customers to purchase devices outright, benefiting from promotional offers and trade-in options that let consumers exchange old devices for cash or discounts.In February 2022, Back Market, Inc. Specific future initiatives include the development of new products and the exploration of additional international markets, although exact release dates and geographic targets have not been disclosed.
Who invested in Back Market
8 investors across 5 rounds
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Questions about Back Market
Who invested in Back Market?
Back Market has 8 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Back Market raised?
Back Market has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Back Market last raise money?
Back Market's most recent round on record is a Series E, in Feb 2022.
What does Back Market do?
Based in France, Back Market, Inc.
Where is Back Market headquartered?
Back Market is headquartered in Paris, France.
Which VCs invest in companies like Back Market?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back consumer products companies at Back Market's stage. Their profiles are linked below.
VCs backing consumer products startups at Series E
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