Raylo Revenue and Competitors

London, UK

Location

#4161

Growjo Ranking

Telecom

Industry

Estimated Revenue & Valuation

  • Raylo's estimated annual revenue is currently $25.7M per year.(i)
  • Raylo's estimated revenue per employee is $325,000
  • Raylo's total funding is $30.4M.

Employee Data

  • Raylo has 79 Employees.(i)
  • Raylo grew their employee count by 16% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$52.6M14721%N/AN/A
#2
$177.9M43848%N/AN/A
#3
$849.6M1828-13%£30MN/A
#4
$20.5M70-10%N/AN/A
#5
$103.8M2971%$13.3MN/A
#6
$260.8M64216%N/AN/A
#7
$25M7726%N/AN/A
#8
$93.7M26219%N/AN/A
#9
$366.7M806-22%N/AN/A
#10
$86.5M24237%N/AN/A
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The networks are stuck in the past. We believe everything about mobile should be better. We're starting with a new way to get the latest iPhone that's better for your pocket and the planet. And here’s how we do it - Beyond Ownership Just like Netflix replaced DVD ownership, you don't need to own your phone. Make lower payments and return your phone after 24 months when you’re ready for a new one. Keep Your Existing SIM Being SIM-only is cheaper. Our phones come SIM-free, so you’re not tied down to any mobile network. Keep your existing SIM or shop around for a great deal. It’s up to you. Full Insurance Included Your phone is your most important device, so our subscription includes insurance against loss, theft and accidental damage. We even include a premium case and screen protector. New Phone Every 24 Months A lot can change in two years. We seamlessly upgrade you to the latest phone every 24 months, so you always have the latest tech and a fresh battery. Awesome Customer Experience It's simple and it just works. A choice between the two best iPhones, simple pricing, seamless sign up and great people to help if you need it. Sustainable Your phone won’t just sit in a drawer after two years. Send it back and we’ll find a new home for it or recycle it. And our cases are made from plants, not plastic. It’s simple, smart, and sustainable. The way mobile should be.

keywords:N/A

$30.4M

Total Funding

79

Number of Employees

$25.7M

Revenue (est)

16%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Raylo News

2022-04-19 - Could renting a smartphone save you money?

MusicMagpie.co.uk, Raylo.com, and Ooodles.co.uk all offer rental deals for the latest mobile phones from the big brand names,...

2022-03-22 - The iPhone could be Apple’s next subscription service target

It is possible Apple could be trying out a rental model as seen with companies like Raylo, where a phone is rented for a period and then...

2021-07-07 - Raylo raises $11.5 million

London-based smartphone subscription startup Raylo Raylo Founded: 2019 Headquarters: London, UK Total Funding: $18.86M See full company profile "> has raised $11.5 million in a Series A funding round led by Octopus Ventures. Founded in 2019, Raylo offers a subscription model for smartphones ...

2021-07-07 - Raylo nabs $11.5M to get more mobile users to lease and reuse

UK-based smartphone subscription startup Raylo has tucked $11.5 million in Series A funding into its top pocket, led by Octopus Ventures. The equity round follows a debt raise last year — and brings Raylo’s total raised since being founded back in 2019 to $40M (in equity and debt). Its roster o ...

2021-07-07 - Smartphone leasing startup Raylo raises an additional $11.5 million

Why buy a mobile when you can lease one? That’s the thinking behind London’s Raylo, who has raised an additional $11.5 million in funding. The subscription model-based startup offers consumers the opportunity to lease a smartphone for less than the list price over a 12 or 24 month period. At the ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$16.1M79-50%$150.5M
#2
$16.1M7946%N/A
#3
$20M7965%N/A
#4
$21.3M7918%N/A
#5
$11.5M79-27%N/A