Eze, a San Francisco, CA-based wholesale marketplace for used and new electronics, raised $3.7M in Seed funding.
The round was led by Right Side Capital Management, with participation from C2 Ventures, Boro Capital, EVPI Investments and other angel investors.
The company intends to use the funds to develop its technology infrastructure, broaden its product offering and expand into new markets in Africa, Europe and South America.
Led by CEO Josh Nzewi, Eze is a B2B wholesale marketplace for smartphones, laptops, tablets and other electronic devices that connects buyers worldwide to over 200,000 SKUs. Shoppers can also pay securely in their local currency, making it easier for them to purchase the electronics they need. The company vets all sellers and physically inspects each device purchased before it is shipped to the buyer, to ensure all devices are fully functional and meet the prescribed quality classification.
The startup already has customers in more than 50 countries around the world, including the US, UK, Nigeria, Mexico, Ukraine, UAE and has sold more than 500,000 devices, with a defect rate of less than 1%.
FinSMEs
16/06/2023