Redeem
Company

Last deal

$11.5M
Local Amount - GBP 7M

Amount

Debt Financing

Stage

18.09.2014

Date

2

all rounds

$24.7M

Total amount

General

About Company
Redeem is a global company that recovers, refurbishes, and recycles consumer electronic devices.

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Also Known As

Redeem

founded date

01.01.1999

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company operates in 32 countries and provides end-to-end recovery, processing, sales, and distribution services for a wide range of electronic devices, including mobile phones, tablets, laptops, and game consoles. Redeem offers trade-in and buy-back programs for businesses and consumers, and its customers include major mobile network operators and retailers. The company's consumer brand, Envirofone, allows people to trade in their old devices for money and also sells refurbished phones and accessories through its online shop. Redeem is committed to sustainability and ensures that 95% of the devices it handles are data-wiped, refurbished, and resold, with the remaining 5% fully recycled to avoid waste going to landfill.
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