Redeem

Redeem

International leader in the recovery, refurbishment and recycling of consumer electronic devices. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€38—58m (Dealroom.co estimates Sep 2014.)
Company register number SC194216
Bathgate Scotland (HQ)
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DateInvestorsAmountRound

£8.0m

Early VC
Total Funding€9.6m

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Redeem.co.uk is a prominent player in the mobile device recycling and recommerce industry. The company specializes in providing scalable and innovative solutions tailored to the needs of its clients, which include mobile network operators, retailers, and consumers. Operating in both global and local markets, Redeem leverages its 20 years of experience to deliver market-leading services. The business model revolves around collecting and recycling used mobile devices, refurbishing them, and reselling them in secondary markets. This not only promotes sustainability but also generates revenue through the resale of refurbished devices and the provision of airtime packages. Redeem's unique approach to partnerships, such as its collaboration with Grow Movement to support African entrepreneurs, further enhances its market position. The company has received multiple accolades, including the Best Recycling Service at the Mobile Industry Awards, underscoring its commitment to excellence and sustainability.

Keywords: mobile recycling, recommerce, sustainability, partnerships, refurbished devices, airtime packages, innovation, global reach, market leader, tailored solutions.