£60-65k
+ Stock options
More information about location
1 day a week in office (London Bridge, London)
Technology platform that enables the lease-and-reuse of devices
Job no longer available
Technology platform that enables the lease-and-reuse of devices
21-100 employees
Job no longer available
£60-65k
+ Stock options
More information about location
1 day a week in office (London Bridge, London)
21-100 employees
Raylo's mission is to accelerate the move to a circular economy
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Raylo's mission is to accelerate the move to a circular economy
As a society, a disposable tech culture has developed, which is both expensive and harmful to the environment. Raylo is offering a more sustainable alternative. Through its subscription platform, consumers and Small to medium-sized businesses can subscribe to new and refurbished devices like phones, tablets and laptops, paying a monthly fee for the length of the contract.
Raylo sets itself apart through affordable device subscriptions, with the option of flexible upgrades. The environmental and economic benefits of device lifecycle extensions are significant, as, despite consumers’ increasing reliance on electronic devices, research from Ofcom indicated that many consumers struggle with the affordability of mobile phones. Raylo's circularity is also an essential part of the move towards more sustainable production practices and the reduction of tech waste.
In 2022, Raylo cemented its status as an actor for good with its recognition as a B-Corporation. The company has also netted considerable funds, which will enable it to expand operations, with plans to grow its direct-to-consumer channel, as well as an expansion of its embedded subscription integrations with some of the world's leading device brands.
Freddie
Company Specialist at Welcome to the Jungle
Sep 2023
$7.1m
EARLY VC
Jan 2023
$75.1m
EARLY VC
This company has top investors
Jinden Badesha
(Co-Founder & CPO)Previously worked for 4 years at Funding Circle UK, holding various positions such as Product Manager, Head of Product and Investor Experience.
Karl Gilbert
(Co-Founder & CEO)Previously a Portfolio Manager at Gelber Group LLC for 1 year and a VP of Capital Markets at Funding Circle UK for 1 year.
Software Engineering