Flip4new
Latest round
- Seed
Last raised
- Feb 2012
Total raised
- $0.4M
Investors
- 2
About Flip4new
Flip4new, founded in 2009, is based in Frankfurt, Germany, specializing in the resale and recycling of consumer electronics.38 mn from SquareOne in January 2022.Flip4New specializes in providing innovative solutions for the resale and recycling of consumer electronics. Their core offerings include a platform that enables users to sell or trade in their used devices, which are then refurbished and resold. This service addresses the growing demand for sustainable consumer habits by facilitating the reuse of gadgets, thereby reducing electronic waste. Flip4New targets a diverse customer base that includes environmentally conscious consumers, tech-savvy millennials, and businesses seeking to manage their electronic assets sustainably.Revenue generation for Flip4New is structured through direct consumer transactions facilitated by their online platform.50. Customers engage with the company by either selling their used electronics or purchasing refurbished devices, establishing a B2C model. The company offers tiered pricing based on the condition and model of the devices, allowing users to receive competitive offers for their electronics.Flip4New is strategically positioned for growth with plans to launch new products aimed at enhancing their resale platform in 2023. The company is exploring expansion into additional European markets, particularly focusing on France and the Netherlands by the end of 2024.38 mn will support these initiatives, particularly in developing new product features and enhancing marketing efforts to reach a broader customer base.
Who invested in Flip4new
2 investors across 2 rounds
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Questions about Flip4new
Who invested in Flip4new?
Flip4new has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Flip4new raised?
Flip4new has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Flip4new last raise money?
Flip4new's most recent round on record is a Seed, in Feb 2012.
What does Flip4new do?
Flip4new, founded in 2009, is based in Frankfurt, Germany, specializing in the resale and recycling of consumer electronics.
Where is Flip4new headquartered?
Flip4new is headquartered in Frankfurt, Germany.
Which VCs invest in companies like Flip4new?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at Flip4new's stage. Their profiles are linked below.
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