Raylo | B Corp logo — Our mission is to accelerate the move to a circular economy

Raylo | B Corp

Our mission is to accelerate the move to a circular economy

Founded 2019 United Kingdom London, United Kingdom 104 employees Convertible Note Total: $148.94M Mobile, Payments

General Information

Company Name Raylo | B Corp
Founded Year 2019
Location United Kingdom London, United Kingdom +1
Employees 104
Industries Mobile, Payments
Funding Stage Convertible Note

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About Raylo | B Corp

Raylo, founded in 2019 and headquartered in the United Kingdom, is on a mission to accelerate the move to a circular economy. Emphasizing sustainability, their platform facilitates the lease-and-reuse of consumer goods, making these products more accessible and affordable. The company targets sectors like Mobile and Payments to drive this change.

Raylo's innovative approach aligns with growing consumer demands for eco-friendly and economically viable options. By integrating cost-effectiveness and ease-of-use, Raylo aims to pave the way for widespread circular economy adoption among both consumers and retailers.

The company recently secured a £1.24M Convertible Note investment from Crowdcube on 26 September 2023. This funding signals investor confidence in Raylo's potential to disrupt traditional consumer goods lifecycles, positioning it for growth in a rapidly evolving market.

Taxonomy: circular economy, sustainable technology, smartphone leasing, subscription model, consumer electronics, refurbishment, environmentally friendly, cost-effective, technology platform, consumer goods, retailers, mobile technology, reusable products

Services & Products

Lease-and-reuse of devices
AI-powered risk management
Financing solutions
Supply chain and logistics partnerships

Target Customers

Consumers OEMs (Original Equipment Manufacturers) Retailers Eco-conscious consumers Tech enthusiasts

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note •••••• 1
Investor
26 Sep 2023
Venture Round •••••• 2
Investor
•••• ••••
12 Sep 2023
Debt Financing •••••• 2
Investor
•••• ••••
30 Jan 2023
Venture Round •••••• 4
Investor Investor
•••• ••••
30 Jan 2023
Series A •••••• 4
Investor Investor Investor
•••• ••••
02 Jul 2022

View All 9 Funding Rounds

Raylo | B Corp Alternatives & Competitors

View All Alternatives
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Raylo | B Corp vs
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Raylo | B Corp vs

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FAQ About Raylo | B Corp

Our mission is to accelerate the move to a circular economy
Raylo | B Corp was founded in 2019.
Raylo | B Corp is headquartered in London, United Kingdom.
Raylo | B Corp operates in the following industries: Mobile, Payments.
Raylo | B Corp has approximately 104 employees.
Raylo | B Corp has completed 9 funding rounds, raising a total of $148.94M. The latest funding stage is Convertible Note.
Raylo | B Corp offers: Lease-and-reuse of devices, AI-powered risk management, Financing solutions, Supply chain and logistics partnerships.
Top alternatives and competitors to Raylo | B Corp include Mersenne, Dash Data, Inc., Synerchip, Brain Technologies, Inc., Zoa. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Raylo | B Corp and Mersenne 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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