Mobile.club

Mobile.club, founded in 2018 by Damien Morin, Olivier Thierry, Pierre Chabert, and Grégoire Segretain, operates as an online smartphone rental platform. Morin's previous experience includes founding 'Save', a venture that provided a foundation for his current project. The company targets both individual consumers and businesses, offering a subscription-based service as an alternative to purchasing new devices. The business model is centered on a circular economy, providing reconditioned smartphones for a monthly fee. This approach is positioned as a cost-effective and sustainable option for users who want access to modern technology without the high upfront cost.

The service provides refurbished smartphones through a monthly rental plan, which includes insurance against breakage and theft. This allows customers to use a phone at a lower cost and offers the flexibility to change devices. A key feature is the inclusion of insurance and a rapid replacement service, aiming to provide a hassle-free experience for users. The company's business-to-business services have been transitioned to a new site, cleaq.com, which offers an expanded catalog and enhanced services for corporate clients. The company sources its devices in lots from specialized brokers, ensuring they can offer competitive pricing.

Since its inception, Mobile.club has secured significant financial backing. The company has raised a total of $10.8 million over three funding rounds, including a Series A round. Notable investors include Eiffel Investment Group, FJ Labs, Kima Ventures, and angel investor Xavier Niel. These funding rounds, including a debt financing of €5 million and a Series A of €8 million in January 2023, underscore investor confidence in the company's growth trajectory and its position within the tech rental market.

Keywords: smartphone rental, refurbished electronics, device leasing, subscription service, circular economy, tech rental, B2C services, B2B electronics, mobile device subscription, insured phone rental, reconditioned smartphones, electronics-as-a-service, Damien Morin, sustainable tech, phone leasing, asset-light, hardware-as-a-service, French tech, consumer electronics rental, device insurance