Recommerce Solutions Raises €7.1M in Funding
Recommerce Solutions, a French provider of technology and sustainable services, raised €7.1m in funding.
Co-founded in 2009 by Pierre-Etienne Roinat, Chairman, and other three entrepreneurs, Benoît Varin, Cédric Maucourt and Antoine Jeanjan, Recommerce Solutions designs and operates white label websites for the repurchase of used mobile phones and tablets for leading brands including Bouygues Telecom, Virgin Mobile, PriceMinister, NRJ Mobile, etc.
For its partners in Europe (mainly telecom carriers, MVNO1, distributors, manufacturers and e-merchants), the company buys back electronic products, including mobile phones. They use the company’s services via websites, and in more than 5,000 sales outlets, to enable their customers to sell their old devices in exchange for a voucher or immediate cash payment.