Reebelo

Sells certified refurbished electronics online

San Mateo, California, United States

About Reebelo

Reebelo specializes in selling refurbished electronics, targeting budget-conscious consumers who seek high-quality pre-owned devices at lower prices. The company acquires used electronics, refurbishes them to meet high standards, and sells them through an online marketplace. Each product undergoes thorough testing across 40 checkpoints to ensure functionality, covering aspects like screens, batteries, and cameras. Reebelo provides warranties on all products, enhancing customer confidence. The business model promotes sustainability by extending the lifecycle of devices, and the company offers free delivery and a 7-day return policy to improve customer experience. Reebelo differentiates itself from competitors with its trusted marketplace reputation, positive customer reviews, and extended warranties that surpass those of original manufacturers. The goal is to be a leading provider of refurbished tech in Singapore, focusing on quality, customer service, and eco-friendliness.

San Mateo, CaliforniaHeadquarters
2019Year Founded
$67MTotal Funding
SERIES_ACompany Stage
Consumer Software, Consumer GoodsIndustries
51-200Employees

Risks

Increased competition may pressure Reebelo's market share and pricing strategies.
Expansion into new categories may stretch operational capabilities.
Dependence on venture capital funding poses a risk if future rounds fall short.

Differentiation

Reebelo offers up to 70% savings on refurbished tech devices.
The company provides comprehensive warranties, surpassing original manufacturers' offerings.
Reebelo partners with the Singapore Police Force to ensure device legitimacy.

Upsides

Reebelo raised $29 million in Series A funding to enhance operations.
The recommerce market is projected to reach $250 billion by 2027.
Younger generations' interest in sustainability boosts demand for Reebelo's products.

Funding

Total raised$67.00 M
Latest valuation$145.00 M
StageSERIES_A