Refurbi

Refurbi, based in Colombia, specializes in the sale of high-quality refurbished mobile devices, including smartphones and laptops, with a focus on sustainability and affordability for environmentally conscious consumers. Founded in 2018 in Colombia, Refurbi operates as a retailer of refurbished electronic devices. The company has engaged in two notable deals, with the most recent taking place on January 27, 2026, where it raised venture debt funding as part of a larger funding initiative, amounting to USD 4 million. The founder's background details were not available, and there are no mentions of subsidiaries or parent companies.

Refurbi specializes in the sale of refurbished mobile devices, including smartphones, tablets, laptops, and smartwatches, focusing on providing high-quality technology at competitive prices. Their core product offerings emphasize extensive quality assurance, with all devices being thoroughly tested across more than 50 quality control points to ensure they are 100% functional. Each refurbished device comes with a 14-month warranty, which can be extended to 24 months through Refurbi Care, allowing consumers to purchase with confidence. The company addresses the growing demand for affordable tech solutions among environmentally conscious consumers, offering a sustainable alternative to new devices by integrating circular economy principles.

Refurbi’s products primarily target the Colombian market, although they are well-positioned to expand into other Latin American countries, catering to a diverse customer base that includes individual consumers and businesses seeking cost-effective technology solutions. The revenue model for Refurbi is structured around direct-to-consumer sales of refurbished electronic devices, complemented by potential financing options through partnerships with various financial service providers. Customers typically engage in single transactions, purchasing items such as the iPhone 14, priced from COP 1,899,900, and other flagship products at comparable costs. The company also incentivizes purchasing through cashback offers and discounts for new subscribers, enhancing customer retention and encouraging repeat business.

Refurbi's pricing strategy is designed to make technology accessible while maintaining a commitment to product quality, thereby establishing a reliable revenue stream. The company's approach not only supports individual consumer purchases but also aligns with sustainable practices, potentially attracting a growing segment of environmentally-minded buyers. In January 2026, Refurbi raised an undisclosed amount of venture debt funding from unspecified investors as part of a larger USD 4 million funding initiative. The company plans to utilize this funding to expand its operations into Mexico and scale its trade-in model with proprietary technology.

Refurbi is also working on new product designs aimed at enhancing its offerings in the refurbished electronics market, with specific release dates to be announced.