Backend Engineer, Raylo
£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
Company mission
Raylo's mission is to accelerate the move to a circular economy
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Company mission
Raylo's mission is to accelerate the move to a circular economy
Our take
As a society, a disposable phone culture has developed which is both expensive and harmful to the environment, but Raylo is offering a more sustainable alternative. Through its platform, consumers can lease new and refurbished devices like phones and laptops, paying a monthly fee for the length of the contract.
Raylo sets itself apart through low monthly charges. This is significant as, despite consumers’ increasing reliance on electronic devices, research from Ofcom indicated many consumers struggle with the affordability of mobile phones. The circularity which Raylo's premise is built on is also essential, to reduce the overproduction of devices and the resulting waste as the world shifts towards more sustainable practices.
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, that will enable it to expand operations, with plans to grow its direct-to-consumer channel as well as checkout integration for merchants.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 33 days holiday per year (25 days, + an extra 8 days to choose the days that mean most to you)
- Share in Raylo's Success - Stock options for all employees
- Hybrid working environment
- Family-first policies - Enhanced maternity and paternity leave
- Workplace nursery scheme
- Perkbox membership - hundreds of perks and discounts to support physical, financial and mental wellbeing
- Get the latest tech - Exclusive Raylo device lease for all Employees
- Invest in your growth - L&D budget to support the skills you value
- Free sustainable breakfast and snacks, every day you’re in the office
- Fun (yet optional) Raylo quarterly socials, plus summer and Christmas parties
Company values
- Walk in your Customer’s Shoes - To build the best products, we deeply understand our customers' needs by walking a few miles in their shoes.
- Focus and Execute - We have a big vision, but we believe in nailing the most important problems first. We work hard, stay lean and deliver. We take smart risks, and when we stumble, we openly acknowledge our mistakes and learn from them.
- Be Deeply Curious - We thrive on innovation through diverse approaches, views and people. We’re always looking for answers even when others aren’t asking questions.
- Be Gritty - Only gritty teams succeed. Our individual ownership, passion and perseverance mean we’re a team through thick and thin. We foster a culture of respectful challenge, whilst acknowledging that great team players are willing to ‘disagree and commit’.
Funding (last 2 of 7 rounds)
Sep 2023
$7.1m
EARLY VC
Jan 2023
$75.1m
EARLY VC
Total funding: $119m
This company has top investors
Leadership
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.
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