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Swappie

Refurbished iPhone seller from Finland Visit website

Swappie is a Finnish startup that sells refurbished iPhones online. It tests and, if necessary, repairs all phones it sells in its own refurbishment factory.

Founded in 2016

The company was founded by Sami Marttinen and Jiri Heinonen in Finland in 2016. Soon, the ecommerce company expanded to  DenmarkSweden, and Italy.

Further expansion across Europe

In 2020, Swappie launched its online store in four new European markets:  Germanythe Netherlands, Ireland, and Portugal. It also announced it raised 42.5 million euros in a Series B round from TESI and existing investors Lifeline Ventures, Reaktor Ventures, and Inventure.

In 2019, Swappie generated revenues worth over 31 million euros, which meant an increase of about 300 percent compared to the year before.

Active in: Denmark, Finland, Germany, Ireland, Italy, Portugal, Sweden, The Netherlands

Branches: Electronics

Founder(s): Sami Marttinen and Jiri Heinonen

Established: 2016

Company size: 100-to-250

Revenue: €31 million (2019)

Swappie headquarters

Itämerenkatu 15
00180 Helsinki
Finland