Raylo logo

Raylo

Startups icon Seedtable Score 52 Startups icon Startups

5

Funding Rounds

6

Investors

$32.39m

Money raised

Overview

Raylo shows strong potential with its innovative approach to making high-cost smartphones accessible through leasing options. Based in London, the platform targets consumers who find traditional purchasing methods expensive or cumbersome. By focusing exclusively on smartphones, Raylo differentiates itself from competitors with higher upfront costs and slower upgrade cycles. Backed by reputable investors and targeting a clear niche within the e-commerce sector, Raylo is well-positioned to attract customers seeking flexible, cost-effective ways to stay updated with the latest technology.

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Financial Details

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Investors (6)

Octopus Ventures logo Octopus Ventures

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Funding

Funding series

Funding Series Analysis

The company Raylo has raised a total of $32.39m in funding over 5 rounds.

Key Insights:

  • Unknown: $7.76m
  • Series A: $6.49m
  • Seed: $3.8m
  • Pre Seed: $2.03m
  • Debt Financing: $12.3m
Raylo logo
Raylo Seed (2019, $3M) $3.8m
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Raylo Pre Seed (2019, $2M) $2.03m
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Raylo Unknown (2022, $7M) $7.76m
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Raylo Series A (2023, $6M) $6.49m
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Raylo Debt Financing (2020, $12M) $12.3m