Stockport, United Kingdom
musicMagpie is a UK-based tech business that is leading the way in the circular economy revolution. The company offers a platform for customers to buy, rent, and sell refurbished consumer technology and physical media products, presenting a smart and sustainable option for both consumers and the planet. Through their website and mobile app, customers can easily sell their unwanted tech and media items, which are then refurbished to a good-as-new condition and resold on the company's store and global marketplaces at a fraction of the cost of new items.
With over 9 million customers and a strong reputation, musicMagpie has garnered positive feedback and a 4.4* rating on UK Trustpilot through their dedication to quality and sustainability. The company has also received various awards for its recycling services, including Best Recycling Service at the What Mobile Awards for seven consecutive years. As a circular economy business, musicMagpie focuses on offering customers a valuable and eco-friendly option when purchasing and trading in their tech, boasting a 95% refurbishment rate for the products they receive.
Established in 2007, musicMagpie operates in the industries of consumer electronics, e-commerce, entertainment, internet, and platforms. The company's latest investment came from NVM Private Equity through a Private Equity Round investment in October 17, 2015, solidifying their position in the market and their commitment to sustainability and innovation.
musicMagpie's dedication to sustainability, customer satisfaction, and innovation, combined with their successful track record and backing from notable investors, positions them as a key player in the circular economy and the consumer technology industry.
