Company: Back Market
Founder: Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute
Website: https://www.backmarket.co.uk/en-gb
Business: Back Market is the world’s leading online re-commerce platform, with a mission to rid the world of over-priced and outdated technology.
About Back Market and Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute
Launched in November 2014 by Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute, Back Market is the world’s leading dedicated renewed tech marketplace. The company brings high-quality professionally refurbished electronic devices and appliances to customers in 16 countries.
With 884M€ raised already, they connect highly selected professionals to consumers who are looking for a more affordable, reliable and ecological alternative to purchasing brand new products.
The company have been leading the way in a shift towards a circular economy, freeing the planet from electronic waste, and building a leading global tech company.
Back Market’s transparent grading system considers the cosmetic appearance and technical condition of every device on their site. Each device is guaranteed to be 100% functional. Their transparent process that allows customers to choose from three well-defined conditions based on their needs.
All of their refurbishers go through a screening process before being allowed to sell on Back Market. If they pass the screening process, they obtain a ‘Back Label’, allowing them to sell on Back Market’s platform. Back Market also check in on their refurbishers periodically to maintain consistency of quality.
