London, United Kingdom
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.
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