Swappie

European marketplace for buying and selling refurbished iPhones.

Ecommerce 📍 Helsinki, Finland Founded 2016

Current Valuation

Private

as of 2022-Q1

PRIVATE

Swappie buys, refurbishes, and resells iPhones through its Helsinki refurbishment facility and ships across 18 European countries. The company posted €249M in 2024 revenue (about $270M) with roughly 22% YoY growth, and remains backed by its 2022 Series C led by Verdane — its last priced round, with no public valuation update since.

Company Profile

CEO

Jussi Lystimäki

Founded

2016

Helsinki, Finland

Employees

~1,000

Total Raised

$174M

Est. Revenue

$270M (2024-Q4)

Growth

~22% YoY

Last Round

Series C — $124M (Jan 2022) · Lead: Verdane

IPO Status

private

Founders & Key People

Sami MarttinenJiri Heinonen

Investors

Verdane · TESI · Reaktor Ventures · Inventure

Products

Refurbished iPhone Marketplace
Trade-in Program
Battery Replacement Service

Competitors

Back Market · Refurbed · Reebelo

ecommercecircular-economyrefurbishedmarketplaceeurope