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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 +1
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.

Taxonomy: 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 •••••• 4
Investor Investor
•••• •••• 		10 Sep 2024
Seed Round •••••• 1
Investor
20 Apr 2023
Seed Round •••••• 3
Investor
•••• •••• 		02 Nov 2021
Seed Round •••••• 3
Investor Investor
•••• •••• 		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

Fairown vs
BuybackBoss.com
BuybackBoss.com United States

Buyback Boss is a global reseller and distributor of broken, used, and new high-end electronics. We...

11 employees
E-Commerce
Fairown vs
SellCell.com
SellCell.com United States

No1 Phone Trade In Site in the US - The Smarter Way to Sell & Buy Tech!

2 employees
Telecom
Fairown vs
Olisto
Olisto The Netherlands

Connecting everything with Every Thing

12 employees
Also compare with: Fairown vs Syze Syze Fairown vs Carasti Car Subscriptions Carasti Car Subscriptions Fairown vs SellUp Pte Ltd SellUp Pte Ltd

FAQ About Fairown

Removing the hassle of product resale. AI Powered!
Fairown was founded in 2018.
Fairown is headquartered in Estonia.
Fairown operates in the following industries: Financial Services, Fintech, Sustainability.
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 BuybackBoss.com, SellCell.com, Olisto, Syze, Carasti Car Subscriptions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fairown and BuybackBoss.com 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.

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