Raylo: Funding, Investors & Team (Sep 2026)
Raylo is a startup that offers a smartphone subscription service with the goal of providing a convenient, intelligent, and eco-friendly mobile experience. Through their circular process, customers can return their old devices for refurbishment and resale, allowing for long-lasting and sustainable use. This approach allows consumers to access the latest products through an affordable and environmentally conscious monthly subscription. Raylo works with various retailers in the consumer electronics industry to bring this service to consumers.
Raylo has raised $53.2M across 5 funding rounds on record, the most recent an undisclosed round of $27.3M announced in Jan 2026.
That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.
Raylo Company Profile and Key Stats
Latest funding round on record: Jan 2026.
Raylo Funding Rounds
1 of 5 rounds was announced without a disclosed amount and is excluded from the total.
Raylo raised $11.5M in a Series A announced in Jul 2021.
1 years later, an undisclosed round of $7.9M was announced in Jul 2022.
1.2 years later, an undisclosed round of $6.5M was announced in Sep 2023.
1 years later, an undisclosed round was announced in Sep 2024 with no disclosed amount.
1.3 years later, an undisclosed round of $27.3M was announced in Jan 2026.
Raylo Founders and Leadership Team
Contact details for the Raylo team: 3 of 3 have an email address on file.
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Raylo's latest round of $27.3M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.
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Raylo Funding FAQs
What does Raylo do?
Raylo is a startup that offers a smartphone subscription service with the goal of providing a convenient, intelligent, and eco-friendly mobile experience. Through their circular process, customers can return their old devices for refurbishment and resale, allowing for long-lasting and sustainable use. This approach allows consumers to access the latest products through an affordable and environmentally conscious monthly subscription. Raylo works with various retailers in the consumer electronics industry to bring this service to consumers.
How much funding has Raylo raised?
Raylo has raised $53.2M across 5 rounds on record. The most recent is an undisclosed round of $27.3M announced in Jan 2026.
When did Raylo last raise funding?
Raylo's most recent funding round on record is an undisclosed round of $27.3M, announced in Jan 2026.
Who founded Raylo?
FundedIQ lists Jinden Badesha (Founder), Richard Fulton (Founder) at Raylo.
Who is the CEO of Raylo?
Karl Gilbert is listed as CEO at Raylo.
Where is Raylo headquartered?
Raylo is based in London, England, United Kingdom.
How many employees does Raylo have?
Raylo is in the 51-100 employee band.
How does Raylo's funding compare to other Apps startups?
Raylo's latest round of $27.3M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.
About FundedIQ's Raylo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Raylo is left off this page rather than filled in.
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