# Raylo

**Source:** https://www.startuphub.ai/startups/raylo
**Profile type:** Startup

> Subscription-based electronics leasing platform enabling circular consumption for consumers and retail partners.

## About

Raylo provides a subscription infrastructure that allows consumers to lease electronics like smartphones, laptops, and TVs with flexible terms and lower upfront costs. By managing the device lifecycle through refurbishment and reuse, the company promotes a circular economy while offering retailers a 'lease and reuse' payment option at the point of sale.

## Key facts

- **Slug:** raylo
- **Website:** https://www.raylo.com
- **Location:** London, United Kingdom
- **Founded:** 2018-01-01
- **Operating status:** Active
- **Total funding:** $41M
- **Sectors / tags:** Fintech, Circular Economy, SaaS
- **Social:**
  - LinkedIn: https://linkedin.com/company/raylo
  - Twitter: https://x.com/raylo
  - Facebook: https://www.facebook.com/JoinRAYLO

## Frequently asked

### What does Raylo do?

Raylo provides a subscription infrastructure that allows consumers to lease electronics like smartphones, laptops, and TVs with flexible terms and lower upfront costs. By managing the device lifecycle through refurbishment and reuse, the company promotes a circular economy while offering retailers a 'lease and reuse' payment option at the point of sale.

### What is Raylo's revenue?

StartupHub estimates Raylo's annual revenue at $17.4M (range $11.3M to $66.0M, 42% confidence), based on comparable companies in the sector.

### What is Raylo's valuation?

StartupHub estimates Raylo's effective valuation at $282.0M (range $202.3M to $1.2B, 55% confidence), based on comparable companies in the sector.

### How much funding has Raylo raised?

Raylo has raised a total of $41M in funding. The most recent round on record is Series B.

### Where is Raylo headquartered?

Raylo is headquartered in London, United Kingdom.

### When was Raylo founded?

Raylo was founded in 2018.

### What industry does Raylo operate in?

Raylo operates in Fintech, Circular Economy, SaaS.

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