Fairown

Fairown

Building a truly global and 100% online subscription financing platform.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
*

€5.7m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023
Revenues0000000000000000
EBITDA0000000000000000
Profit0000000000000000
% profit margin(464 %)---
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about Fairown
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Fairown is a fintech company that facilitates sustainable ownership by offering buyback solutions for electronics, hobby equipment, and household appliances. Operating in the circular economy market, Fairown collaborates with leading brands and retailers to extend the useful life of goods. The company buys back items from the original owners, refurbishes them, and resells them, making it easier for consumers to own expensive items affordably and sustainably. Fairown serves clients across the Baltics, Scandinavia, and the UK, including major brands like Bosch, Siemens, and Apple Premium Resellers. The business model revolves around recommerce, where revenue is generated through the resale of refurbished products. This approach not only promotes sustainability but also helps brands become leaders in the circular economy. Fairown's team is composed of diverse professionals from R&D to marketing, all working towards making the circular economy more accessible. The company aims to create a world where consumers can enjoy high-quality products while being mindful of waste management.

Keywords: fintech, buyback, circular economy, sustainability, electronics, hobby equipment, household appliances, recommerce, refurbishment, resale.

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