Reebelo is a Singapore-based marketplace for refurbished electronics. Founded in 2019, Reebelo was launched to reduce the amount of waste created by consumer electronics.
Reebelo differentiates from peer-to-peer marketplaces by screening and refurbishing electronic devices, including phones, laptops, tablets and gaming devices, before they are listed on the site. Each device comes with a warranty and the company can cost up to 70% less than a new version.
Reebelo’s partner vendors range from small shops to B2B players with much larger volumes of devices. With over 100K customers and a presence in seven Asian countries, Reebelo’s goal is to build the biggest inventory of pre-owned, refurbished devices, and it is already the market leader in Singapore and Australia.
Reebelo raised in February 2022 a Series A of 20m$ supported by our C.Entrepreneurs fund (along with Cathay Innovation) and June Fund.
This echoes BNP Paribas Cardif’s ambition to increase environmental and social positive impact investments. By supporting Reebelo, BNP Paribas Cardif contributes to developing the circular economy and making electronic devices more accessible.