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Fairown logo — Removing the hassle of product resale. AI Powered!

Fairown

Removing the hassle of product resale. AI Powered!

Founded 2018 Estonia Estonia 31 employees Seed Total: $12.20M Financial Services, Fintech +1

General Information

Company Name Fairown
Founded Year 2018
Location Estonia Estonia
Employees 31
Industries Financial Services, Fintech, Sustainability
Funding Stage Seed
Social

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About Fairown

Fairown is a sustainable financial services startup, founded in 2018 and headquartered in Estonia. The company focuses on simplifying product resale through its AI-powered platform. Fairown Buyback offers a seamless solution for customers looking to sell their used products, providing a combined system of credit and buyback. This approach not only benefits consumers by eliminating the hassle of product disposal but also helps in reducing environmental impact by extending the product lifecycle. The company has garnered attention from investors, with its recent €5.70MSeed Round investment on 10 September 2024 attracting notable backers such as BonVenture, neosfer, STIHL Ventures, and Gateway Ventures. Operating in nine European markets, Fairown has already amassed a consumer base of approximately 100,000, earning recognition from leading financial experts at Asset Finance Connect. Fairown's key partnerships with prominent brands undergoing the transition to a circular economy, including STIHL, Komplett, and Apple Premium Resellers, demonstrate its potential to thrive in the sustainable business landscape. The company's commitment to enhancing the recommerce sector highlights its alignment with contemporary environmental and economic trends. For investors seeking opportunities in the sustainable fintech space, Fairown represents a compelling prospect with a growing footprint and a unique approach to reshaping the product resale industry.

Business keywords: recommerce, circular economy, buyback service, retailer, green fintech, OEM, hardware subscription, reduce e-waste, subscription model, refurbished products

Services & Products

Fairown Buyback Program
Product Refurbishment
E-commerce Platform

Target Customers

Individuals and businesses looking for sustainable and cost-effective ownership solutions Consumers of durable goods Environmental enthusiasts interested in circular economy practices

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round €5.70M 4
BonVenture neosfer
BonVenture, neosfer +2
10 Sep 2024
Seed Round €1.05M 1
SeedBlink
SeedBlink
20 Apr 2023
Seed Round €4.20M 3
neosfer
neosfer, STIHL Ventures +1
02 Nov 2021
Seed Round €1.25M 3
Spring Capital neosfer
Spring Capital, neosfer +1
13 Jan 2021

Latest News

View All
The fintech funding landscape: Top 10 seed deals of 2024 so far — Tech
The fintech funding landscape: Top 10 seed deals of 2024 so far
Tech Oct 16, 2024

Fairown Alternatives & Competitors

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Fairown vs
Card-Dynamics
Card-Dynamics Spain

Issuer and Merchant partner for the subscription economy

Seed
15 employees
Financial Services, Fintech
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Fairown vs
Findustrial
Findustrial Austria

Empowering manufacturers to build and scale Equipment-as-a-Service businesses with digital tools, kn...

Corporate Round
18 employees
Finance, Financial Services
Compare Fairown vs Findustrial
Fairown vs
Fimple
Fimple United Kingdom

AI-native, API-first, composable financial platform for banks, participation banks, NBFIs and fintec...

165 employees
Computing, Financial Services
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FAQ About Fairown

Removing the hassle of product resale. AI Powered!
Fairown was founded in 2018.
Fairown is headquartered in Estonia.
Fairown operates in Financial Services, Fintech and Sustainability. Its work centres on recommerce, circular economy, buyback service and retailer. Its customers include Individuals and businesses looking for sustainable and cost-effective ownership solutions, Consumers of durable goods and Environmental enthusiasts interested in circular economy practices.
Fairown has approximately 31 employees.
Fairown has completed 4 funding rounds, raising a total of $12.20M. The latest funding stage is Seed.
Fairown offers: Fairown Buyback Program, Product Refurbishment, E-commerce Platform.
Top alternatives and competitors to Fairown include Card-Dynamics, Findustrial, Fimple, RiseUp IL, WeRize. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fairown and Card-Dynamics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fairown, https://bouncewatch.com/company/fairown, updated 25 March 2025. When citing, please name BounceWatch and link this page.

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