
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…

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…
Headquarters: London, UK
Founded: 2019
Business model: Subscription and leasing for smartphones, tablets and laptops with a circular refurb/resale model
Regulation: FCA-authorised for finance offerings
Notable funding: Series A $11.5M (Jul 2021); £110M / $136M package (Jan 2023) including debt
High upfront cost and environmental waste associated with device ownership; need for affordable, circular access to consumer electronics.
2019
Technology, Information and Internet
$11.5M
£110M (~$136M)
Funding package combined venture and debt to support growth and platform expansion
Additional convertible note, venture and debt financings reported in 2023–2024
“Includes venture investors (Octopus Ventures) and substantial debt/financing participation from banks such as NatWest”
At Raylo, we’re on a mission to accelerate the move to a circular economy. The only way customers and manufacturers will make that shift is if it’s simple and cost-effective - this is where we come in. We’re building a category-defining global subscription infrastructure, making premium tech accessible and affordable for both consumers and businesses. With over 180,000 subscribers in the UK and growth accelerating - we’ve proven the demand for a smarter, more sustainable way to access technology.
Raylo is a fast-growing and profitable company, backed by global investors including Macquarie, NatWest, and Channel 4 Ventures.
We are proud to have been selected for Endeavor’s network in 2024, underscoring our role as a high-impact, mission-driven business with global ambitions. And in 2025 we were recognised as part of Tech Nation’s UK’s Future Fifty programme.
We have been B-Corp certified since 2021 and were recently acknowledged by S&P Global for the positive impact of our circular business model via a Green Financing with NatWest.
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At Raylo, performance matters. We set ambitious goals, move fast, and hold ourselves to a high standard, because our mission is too important to settle for less.
Be deeply curious – We thrive on innovation through diverse approaches, views, and people.
Walk in your customer’s shoes – To build the best products and make the best decisions for the long term, we must figure out what our customers need, not just what they want.
Focus and execute – We have a big vision, but we believe in nailing the most important problems first.
Be gritty – Only gritty teams succeed. Our individual ownership, passion, and perseverance mean we’re a team through thick and thin.
You’ll be joining our growing Engineering team as a Mid-Level Backend Engineer, reporting to the Engineering Manager. Our backend team powers critical capabilities like customer decisioning, third-party service integrations, automation for operational teams, and self-serve functionality for customers.
You’ll join a culture of high trust and autonomy and no micromanagement, where you’ll have the chance to quickly make an impact on our mission.
Over the next year, you’ll:
Build, maintain, and scale backend services using Ruby on Rails and related technologies.
Collaborate with product and frontend teams to deliver features that enable new customer experiences and operational efficiencies.
Participate in code reviews and pairing sessions, sharing knowledge and learning from others.
Integrate and optimise third-party services that power our subscription platform.
Continuously improve backend systems with a focus on scalability, reliability, and performance.
Take ownership of medium-sized projects, from design to delivery, and contribute to larger initiatives with senior engineers.
Write clean, tested, and maintainable code, with CI/CD pipelines in GitHub Actions and end-to-end testing in Playwright.
Work on asynchronous job processing at scale with Sidekiq Enterprise.
We’re not looking for you to meet every point on this job description, please still get in touch if you think you could add value and do your best work here at Raylo. We'd love to have a chat and see if you could be a great fit.
We are continuously improving and listening to our quarterly employee surveys to provide the best opportunities and benefits for our employees.
What’s next?
Once you submit your application, our Talent Team will contact you if you have been shortlisted for the role.
We set an exceptionally high bar at Raylo, and in return, we will aim to give you the best candidate experience possible.
If there's anything we can do to make your application process easier for you, because of disability, neurodiversity or any other personal reason, please let us know.
Stage 1: Talent Screening (30 minutes)
Stage 2: Online Hiring Manager Interview (45 minutes)
Stage 3: Take Home Task: PR Review
Stage 4: On-site Pair Programming Session (90 minutes)
Stage 5: Final Interviews: Values-based Interview (~45 minutes & Co-founder Final (~ 30 minutes)
At Raylo, we celebrate diversity and are committed to creating an inclusive workplace where everyone can thrive. We welcome people of all backgrounds, experiences, and perspectives, believing they make us stronger.