RAYLO
The Raylo mission We're on a mission to change how people get their tech, for good. We put the phones (and more) that people reeeally want within reach. This means people can access the best devices without the cost or hassles of ownership. You just get the device you reeeally want, pay way less get free upgrades when you're done. And thanks to our circular model of refurb, reuse, recycle – it's greener too. With an amazing Raylo lease you can get a better phone than expected. New or refurb, you’ll pay way less every month and get free upgrades too. There are 65 of us in our Raylo offices in the UK. We’re a real business, building something different and we really mean it. We don’t like how the big phone companies deliver poor service and use their weight to squeeze money out of people. We think getting the phone you want should be a super simple experience that’s way better value, and better for the environment too. If you’ve any questions or comments, please get in touch. Thanks for being part of the Raylo difference and if you like what we’re doing, please tell others about us.
RAYLO
The Raylo mission We're on a mission to change how people get their tech, for good. We put the phones (and more) that people reeeally want within reach. This means people can access the best devices without the cost or hassles of ownership. You just get the device you reeeally want, pay way less get free upgrades when you're done. And thanks to our circular model of refurb, reuse, recycle – it's greener too. With an amazing Raylo lease you can get a better phone than expected. New or refurb, you’ll pay way less every month and get free upgrades too. There are 65 of us in our Raylo offices in the UK. We’re a real business, building something different and we really mean it. We don’t like how the big phone companies deliver poor service and use their weight to squeeze money out of people. We think getting the phone you want should be a super simple experience that’s way better value, and better for the environment too. If you’ve any questions or comments, please get in touch. Thanks for being part of the Raylo difference and if you like what we’re doing, please tell others about us.
TL;DR
What they do: Subscription/leasing platform for consumer electronics — direct-to-consumer marketplace (Raylo.com) and an embedded subscription product for brands (Raylo Pay).
Founders & founded: Karl Gilbert, Richard Fulton, Jinden Badesha — founded in 2019.
Regulation: Raylo Group Limited is authorised and regulated by the UK Financial Conduct Authority (FCA), FRN 841488.
Scale / metrics: Company states ~£22M ARR, 80k+ devices circulated and 100k+ subscribers.
Notable financings include a $11.5M Series A (Jul 2021) and a £110M financing (mainly debt, Jan 2023); investors include Octopus Ventures, Macquarie Group, Channel 4 Ventures, NatWest, Quilam Capital and Telefónica.
