Flip4new

Frankfurt, Germany Founded: 2009 • Age: 17 yrs Acquired By Foxway
Used electronics are exchanged for new gadgets, vouchers, or cash.
Annual revenue $7.1M Latest available
Total funding - 3 rounds
Employees 42 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Flip4new

Flip4new is a company based in Frankfurt (Germany) founded in 2009 was acquired by Foxway in May 2021. The company has 42 employees as of December 31, 2021. Flip4new operates in a competitive market with competitors including Rebuy, asgoodasnew, Wirkaufens, myhandycheck and BuyZoxs, among others.

  • Headquarter Frankfurt, Germany
  • Employees 42 as on 31 Dec, 2021
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.09 M (USD)
    -2
    as on Dec 31, 2018
  • Net Profit
    $482.3 K (USD)
    585
    as on Dec 31, 2018
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Foxway

    & 4 more

  • Employee Count
    42

    as on Dec 31, 2021

  • Acquired by
    Foxway

    (May 05, 2021)

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Funding Insights of Flip4new

Investors in Flip4new

Flip4new has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Foxway, SOSV and Lars Hinrichs.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital and accelerator services are provided across multiple sectors.
Locked Locked Locked
SquareOne is focused on investing in B2B tech startups.
Locked Locked Locked
Provides investment management services focused on portfolio construction and risk assessment.
Locked Locked Locked
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Investor details for Flip4new

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Investments & Acquisitions by Flip4new

Investments
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Investment portfolio details for Flip4new

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Financial Statements - Flip4new

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Detailed financials for Flip4new

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Flip4new Comparisons

Flip4new Primary company
Description
Used electronics are exchanged for new gadgets, vouchers, or...
Location
Frankfurt, Germany
Founded Year
2009
Annual Revenue
$7.09 M (USD)
Net Profit
$482.3 K (USD)
EBITDA
Not available
Employees
42
As of 2021
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Peer comparison for Flip4new

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Competitors of Flip4new

Flip4new operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rebuy, asgoodasnew, Wirkaufens, myhandycheck and BuyZoxs, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Used electronic products are traded via an online marketplace.
Locked Locked Locked
Refurbished electronic devices are offered via an online platform.
Locked Locked Locked
Online platform for selling used electronics with valuation and free shipping.
Locked Locked Locked
App for evaluating and selling used smartphones with diagnostics and market tools.
Locked Locked Locked
Operates as a multi-category online reseller for used goods.
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Detailed competitors of Flip4new

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Latest news on Flip4new

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Complete news archive for Flip4new

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Frequently Asked Questions about Flip4new

Flip4new was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Flip4new is headquartered in Frankfurt, Germany. It is registered at Frankfurt, Hesse, Germany.

As of Dec 31, 2021, the latest employee count at Flip4new is 42.

Annual revenue of Flip4new is $7.09M as on Dec 31, 2018.

Flip4new was founded in 2009 in Frankfurt, Germany, and operates as an e-commerce platform in the electronics sector. Consignment-based trading is facilitated, where trade-in values for used gadgets are calculated online. These values can be applied toward new devices, vouchers, or cash payouts. Only the difference between the new items price and the trade-in value is charged to users.

Flip4new's top competitors include Rebuy, asgoodasnew and Wirkaufens.

Flip4new has 5 investors. Key investors include Foxway, SOSV, Lars Hinrichs, SquareOne, and Lars Hinrichs.

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