European marketplace for buying and selling refurbished iPhones.
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.
Ecommerce📍 Helsinki, FinlandFounded 2016
Current Valuation
Private
as of 2022-Q1
PRIVATE
IPO Outlookprivate
Is Swappie going public?
No. Swappie is private and has not filed to go public. There is no S-1 on file.
What is Swappie's valuation in 2026?
No confirmed valuation is on record for Swappie. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Swappie filed an S-1?
No public S-1 is on file for Swappie.
Who are Swappie's investors?
Swappie's investors include Verdane, TESI, Reaktor Ventures, Inventure.
How much has Swappie raised?
Swappie has raised $174M in total, most recently a Series C of $124M in Jan 2022.
Is Swappie publicly traded — can you buy Swappie stock?
No. Swappie is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Swappie on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Jussi Lystimäki
Founded
2016
HQ
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
Fundraising Status
Series C · $124M · 4y 9mo ago
privateTotal raised $174M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series C
$124M
Jan 2022
Verdane
—
Talent Signal
No public careers page or job board could be found for Swappie as of 2026-09-14. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q1. Refreshed quarterly.