Swappie

Swappie is a marketplace for buying and selling refurbished smartphones.

Swappie is a secure used smartphone store where you can order little-used, low-cost, state-of-the-art smartphones inspected and serviced.

Swappie was co-founded in 2016 by Sami Marttinen and Jiri Heinonen. The company is headquartered in Helsinki, Finanland and currently operates in operates in Finland, Sweden, Denmark and Italy.

Swappie is on a mission to provide customers with a way to upgrade their phones that is high quality, more affordable and environmentally friendly.

Swappie purchases large amounts of used devices from both private persons in Finland and companies all around Europe. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All Swappie devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty.

 

Swappie is backed by Lifeline Ventures, Reaktor Ventures, TESI, Inventure Investors and others. The company raised €35.8M ($40.6M) in Series B round on June 16, 2020. This brings Swappie's total funding to €42.5M ($48M) to date.

 

 

  • Year founded: 2016
  • Funding Info: €42.5M ($48M) over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Helsinki
  • State: Helsinki
  • Country: Finland
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