
Back Market
Online marketplace dedicated to refurbished products.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €7.0m | Series A | |
€41.0m | Series B | ||
€110m | Series C | ||
$335m Valuation: $3.2b | Series D | ||
* | $510m Valuation: $5.7b | Series E | |
Total Funding | $1.0b |
EUR | 2017 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
% EBITDA margin | (12 %) |
Profit | 0000 |
% profit margin | (11 %) |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
Related Content
Back Market operates as a global marketplace specializing in refurbished electronic devices. The company collaborates with professional refurbishers to ensure that each device meets high industry standards for quality and performance. By focusing on refurbished tech, Back Market aims to promote sustainability and reduce electronic waste. The platform serves a diverse range of clients, including environmentally conscious consumers and budget-savvy shoppers looking for high-quality tech at reduced prices. Operating in multiple countries, Back Market leverages a rigorous vetting process to maintain the integrity and reliability of its offerings. The business model is commission-based, earning revenue from each transaction facilitated on its platform. This approach allows Back Market to scale efficiently while maintaining a high standard of quality control. The company also emphasizes work-life balance and flexibility for its employees, contributing to a positive and dynamic work environment.
Keywords: refurbished tech, global marketplace, sustainability, quality control, professional refurbishers, electronic devices, budget-savvy, environmentally conscious, commission-based, work-life balance.