# BackMarket

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/backmarket

- Industry: Internet
- Headquarters: Paris, France
- Website: www.backmarket.fr
- Total disclosed funding: $645M
- Latest round: Series E (Feb 10, 2022)
- Investors on record: 8

## About

the tech and e-commerce markets across 13 markets including the US, Germany, the UK, Japan, Finland, Portugal, and Ireland with over 1500 sellers on its platform while serving over 5 million customers worldwide. In 2021, JUNG S.A.S. raised USD 335 million in Series D funding co-led by new investors General Atlantic and Generation Investment Management. The Series D funding values JUNG S.A.S. at USD 3.2 billion post-money. In February 2022, JUNG S.A.S. raised EUR 300 million in series E funding led by investor Sprints Capital Management, with participation from investors Aglaé Ventures, Eurazeo, General Atlantic, and Generation Investment Management. The series E funding values JUNG S.A.S. at EUR 5.64 billion post-money. The company has 4 offices located in New York, Berlin, Paris, and Bordeaux. Back Market has created a classification system that takes into account both the cosmetic aspect, appearance and technical condition of each device. The company’s product portfolio includes smartphones, computers and accessories, teleworking products, tablets, Apple devices, cameras and drones, consoles and video games, headphones, earphones, and other sound system products. Additionally, the company offers housecleaning items such as vacuum cleaners, smartwatches, kitchen robots, and other appliances, mobility products like hoverboards, scooters, and comfort and beauty products among many others. The company will use the February 2022 financing for business expansion in Germany and hire additional employees.

## Funding rounds

- Series E, Feb 10, 2022, $342M — General Atlantic, Eurazeo, Generation Investment Management, Sprints, Aglaé Ventures
- Series D, Aug 13, 2021, $189M — General Atlantic, Eurazeo, Generation Investment Management, Goldman Sachs Asset Management, Daphni, Aglaé Ventures
- Series C, Sep 9, 2020, $71M — Eurazeo, Goldman Sachs Asset Management, Aglaé Ventures
- Series B, Jul 3, 2018, $36M — Eurazeo, Financière Agache, Daphni, Aglaé Ventures
- Series A, Jun 19, 2017, $7.5M — Daphni, Aglaé Ventures

## Investors

- Daphni (https://capitalatlas.ai/funds/daphni) — Series A, Series B, Series D
- Aglaé Ventures (https://capitalatlas.ai/funds/aglae-ventures-2) — Series A, Series B, Series C, Series D, Series E
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series B, Series C, Series D, Series E
- Financière Agache (https://capitalatlas.ai/funds/financiere-agache) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C, Series D
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series D, Series E
- Generation Investment Management (https://capitalatlas.ai/funds/generation-investment-management) — Series D, Series E
- Sprints (https://capitalatlas.ai/funds/sprints) — Series E