Press Release

The coverage and network provided by America’s largest tech care company provides additional peace of mind when buying renewed electronics

Series D investment round led by leading global growth equity firm General Atlantic, with the support of Generation Investment Management, brings Back Market past unicorn territory and further establishes the refurbished sector’s important place in the consumer electronics landscape.

New Earth Day shop to help Close The Loop with highest grade renewed products at lowest prices in battle to take on e-waste crisis

Marketplace’s High Quality Standards and Wide Selection is Highlighted in New “Fixed for the Holidays” Guide from Consumer Advocacy Group U.S. PIRG

With funding from Goldman Sachs, Aglaé Ventures (the venture arm of Groupe Arnault), and Eurazeo Growth, the online marketplace is poised to further solidify its leadership position in the refurbished device market. Back Market (www.backmarket.com), the premier global refurbished electronics marketplace, has announced a funding round of $120 million from investors Goldman Sachs, Aglaé Ventures, and Eurazeo Growth, joining Daphni as backers of the Company, continuing to tap into an $80 billion-plus opportunity by selling refurbished electronic devices and appliances (smartphones, tablets, laptops, and other products) directly to increasingly eager consumers.

Back Market, the largest marketplace exclusively dedicated to refurbished electronic products, debuts CO₂NSCIOUS in California, an Andriod widget that helps device owners limit their CO2 emissions while charging. Every year Back Market gives thousands of devices a second life in the circular economy, maximizing the use of the natural resources that were consumed in their manufacture. A majority of the environmental impact of our devices comes from their production, but the way that we use them also counts. A single smartphone uses up as much energy as a refrigerator, which is the most energy-inefficient appliance in most homes.

The G.OLD collection reuses discarded cell phone materials to provide a sustainable way to share the love this holiday. Back Market, the largest marketplace exclusively dedicated to refurbished electronic products and fostering a more circular economy, has partnered with NoWa, to launch G.OLD, a sustainable jewelry collection created with metals mined from discarded phones.

Back Market recognized for Social Impact by 2019 Mobile Breakthrough Awards. Back Market, the largest marketplace exclusively dedicated to refurbished electronic products, has released holiday gift guides and an online gift generator to help eco-conscious shoppers purchase crowd-pleasing electronics without adding to the growing electronic waste crisis (and without putting a huge dent in their budgets).

World's largest marketplace for professionally refurbished electronics taps ex-Amazon GM to lead quality and growth efforts, eyes new markets. Back Market, the largest marketplace exclusively dedicated to refurbished electronics and appliances, announced today that Raoul Costa de Beauregard joins the company as Chief Operating Officer, responsible for quality and sales including global merchant operations and customer service. Costa de Beauregard brings years of leadership experience in international business consulting and e-commerce, most recently at Amazon.