As of 2025, the company achieved profitability and set a benchmark for other startups in the circular economy space, proving that profitability and environmental responsibility can go hand in hand. The company aims to accelerate its UK expansion, broaden its product categories, and enhance its AI-powered platform to improve operational efficiency and customer experience, while supporting scaling infrastructure, marketing, and strategic partnerships.
Cyborg Score Rationale
The company achieved profitability in March 2026, recorded 40% year-on-year sales growth, and leveraged AI across its revenue-generation machine, fueling a recent funding round. Refurbed operates in twelve European countries, handling over 9 million devices and serving 4 million customers. Strong market position in circular economy, but private status and European geographic focus limit scale.
Top Insights
Achieved profitability in March 2026 with 40% year-on-year sales growth
Raised €50 million in funding led by Alex Zubillaga and Orilla Asset Management (October 2025)
Operates across twelve European countries with 4 million customers and 9 million devices processed
Employed 276 staff as of February 28, 2026
Named Competitors
Back Market — Marketplace for refurbished electronics with quality inspections and warranties
Swappie — Online marketplace specializing in refurbished iPhones
reBuy reCommerce — Refurbished electronics marketplace focusing on smartphones and laptops