# QUISTA TECHNOLOGY PTE.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quista-technology-pte

- Industry: Consumer Products
- Headquarters: Singapore, Singapore
- Website: www.reebelo.com
- Total disclosed funding: $29M
- Latest round: Series A (Feb 8, 2023)
- Investors on record: 10

## About

Based in Singapore, Quista Technology Pte. Ltd. operates Reebelo, an online platform specializing in certified refurbished technology products, promoting sustainability through cost-effective solutions for environmentally conscious consumers.Founded in 2019 in Singapore, Quista Technology Pte. Ltd. operates Reebelo, which focuses on selling refurbished electronics. The company has raised USD 7.00 mn in Series A funding led by Cathay Capital, with other investors including Antler and Moore Strategic Ventures. The most recent deal occurred on February 8, 2023, bringing the total amount raised to USD 7.00 mn and a current valuation of USD 158.80 mn. The co-founders include Philip Franta and Rastouil Fabien, while the CEO is Hari Vijayarajan.Reebelo specializes in the sale of certified refurbished technology products, including smartphones, laptops, tablets, smartwatches, and home appliances. Each product undergoes a stringent refurbishment process, ensuring they are fully functional and meet high-quality standards as verified by industry experts at over 70 quality checkpoints. The company caters to environmentally conscious consumers by promoting sustainable shopping practices, offering discounts up to 70% off retail prices and targeting a global customer base primarily in the United States, Australia, and parts of Europe.In 2023, Quista Technology Pte. Ltd. reported revenue of USD 9,320,274.80, with an EBITDA of USD -16,676,228.90. The revenue is generated through direct-to-consumer sales of refurbished electronics, where consumers can purchase products at competitive prices, often benefiting from significant discounts compared to new items. The product range includes warranties and extended protection options, emphasizing customer satisfaction and sustainability by extending the lifecycle of refurbished products.In February 2023, Quista Technology Pte. Ltd. secured USD 7.00 mn in Series A funding, which will be utilized to increase its workforce as the company plans to expand its reach into the Canadian market. This initiative highlights the company's commitment to growth and its objective to tap into new geographic regions, aiming for a stronger presence in North America.

## Funding rounds

- Series A, Feb 8, 2023, $7M — Cathay Capital, Gandel Invest, Antler, Moore Strategic Ventures
- Series A, Jan 6, 2022, $20M — Cathay Capital, FJ Labs, Gandel Invest, June Fund, French Partners, Antler, Moore Strategic Ventures, KREAM Corporation
- Seed, Dec 15, 2020, $1.5M — June Fund, Antler, PAGIL, Wilmking

## Investors

- June Fund (https://capitalatlas.ai/funds/june-fund) — Seed, Series A
- Antler (https://capitalatlas.ai/funds/antler) — Seed, Series A
- PAGIL — Seed
- Wilmking (https://capitalatlas.ai/funds/wilmking) — Seed
- Cathay Capital — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- Gandel Invest — Series A
- French Partners (https://capitalatlas.ai/funds/french-partners) — Series A
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series A
- KREAM Corporation — Series A