Raylo

E-Commerce · London, GB

Subscription lease-and-reuse platform for consumer electronics.

Founders

Karl Gilbert (United Kingdom · ♂) — A Belfast-born finance professional with over a decade in investment banking and fintech capital markets (Barclays, Deutsche Bank, Funding Circle) who co-founded Raylo in 2019 as CEO to make device leasing and reuse affordable and sustainable.
Richard Fulton (United Kingdom · ♂) — A co-founder of Raylo who helped launch the smartphone subscription and leasing business in 2019.
Jinden Badesha (United Kingdom · ♂) — A co-founder of Raylo who helped build the device subscription platform launched in 2019.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Sep 2023	Funding round UK electronics-subscription startup Raylo raised £5.2M (cash and airtime) led by Macquarie and Channel 4 Ventures.	$6.6M
Jan 2023	Debt Irish-co-founded tech-leasing company Raylo secured 110m GBP in debt financing from NatWest and Quilam Capital to expand its subscription platform.	$137M
Jul 2022	Growth Raylo, a London subscription payment platform for electronics, raised £6.5M including a strategic investment from Wayra UK.	$7.9M
Jul 2021	Series A Smartphone-leasing start-up Raylo raised an $11.5m Series A led by Octopus Ventures to expand its device subscription service.	$11.5M

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Data is community-curated and may be incomplete.