About MaxBack
MaxBack is a company based in Erie (United States) founded in 2010 was acquired by Clover Wireless in October 2019.. MaxBack operates in a competitive market with competitors including Back Market, Gone, Fobo, Flipswap and Upgraded Technologies, among others.
- Headquarter Erie, United States
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Clover Wireless
(Oct 21, 2019)
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Funding Insights of MaxBack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MaxBack
MaxBack has secured backing from 1 investor. Prominent investors backing the company include Clover Wireless. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provides repair, refurbishment, and ITAD services for electronic devices globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MaxBack
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MaxBack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maxback Comparisons
Competitors of MaxBack
MaxBack 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 Back Market, Gone, Fobo, Flipswap and Upgraded Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Refurbished electronic products are traded via an online marketplace.
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| domain | founded_year | HQ Location |
Online platform for selling unwanted items and finding best prices via app.
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| domain | founded_year | HQ Location |
Online platform for buying back electronic products from consumers.
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| domain | founded_year | HQ Location |
National governing body for ice skating, promoting and developing the sport
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| domain | founded_year | HQ Location |
Buyback plan provider of pre-owned consumer electronics to retailers
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| domain | founded_year | HQ Location |
Online retailer of refurbished smartphones, tablets, and accessories with warranties.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MaxBack
When was MaxBack founded?
MaxBack was founded in 2010.
Where is MaxBack located?
MaxBack is headquartered in Erie, United States. It is registered at Erie, Pennsylvania, United States.
What does MaxBack do?
MaxBack was founded in 2010 and is headquartered in Erie, United States, within the electronics buyback sector. Quotes for cell phones, video games, and other devices are generated by consumers on maxback.com. Items are shipped to the facility using prepaid envelopes, inspected upon arrival, repaired as required, and then remarketed to secondary markets. Operations focus on handling both gently used and broken electronics.
Who are the top competitors of MaxBack?
MaxBack's top competitors include Back Market, Upgraded Technologies and Flipswap.
Who are MaxBack's investors?
MaxBack has 1 investor. Key investors include Clover Wireless.