If you've given up on Craigslist and Ebay for selling your used electronic gadgets, you still might like Gazelle, a company that will buy your old ipod, phone, Wii etc and sell it on ebay. You find your item -- a phone, a console, etc. -- and tell Gazelle the condition. You print out a shipping package, ship it to the company, and they pay you a rate gleaned from multiple sources that should, in theory, reflect the real value of the device. Gazelle then sells the thing again, hopefully making a profit.
You might ask why not just sell your wares on ebay/craigslist yourself? Well, for many of us its still too much of a hassle to keep track of an auction or to great a worry that our buyer will flake on the purchase. Whatever reason, there evidently is at least one as the site has bought 850 items September 2007 a month after launching, and has raised $46.4 million.
Funding Rounds (7) - $63.9MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Aug, 2014||$9.5M / Series E||—||—||3|
|Jul, 2011||$22M / Series D||—||Craton Equity Partners||4|
|Jul, 2010||$12M / Series C||—||Physic Ventures||3|
|Nov, 2008||$6M / Series B||—||RockPort Capital||4|
|Jan, 2008||$4.4M / Series A||—||Venrock||3|
|Jan, 2007||$2M / Angel||—||—||0|
|Feb, 2000||$8M / Series A||—||2|
|Ashton Peery||Series A||-|
|Austin Ligon||Series A||-|
|Craton Equity Partners||Series D (Lead)|
|Henry Vogel||Series B||-|
|Minotaur Capital Management||Series A (Lead)||-|
|Series A (Lead)||-|
|Physic Ventures||Series C (Lead)|
|RockPort Capital||Series B (Lead)|
|Venrock||Series A (Lead)|
Current Team (7)Update
|Aug 23, 2016||BGR Boy Genius Report - Want an iPhone 7? Here’s how to get the most money for your old iPhone|
|Aug 2, 2016||PRWeb Sitemap - NextWorth Adds Internet and Retail Leaders to its Executive Team|
|Jul 1, 2016||Business Insider Australia - Here's how to get rid of your old electronics responsibly -- without creating e-waste|
|Jun 15, 2016||Oklahoma City - 5 Places to Buy a Used Cell Phone and What to Ask Before You Buy|
|Jun 10, 2016||Cult of Mac - Salivating over Apple’s latest, greatest laptops? Sell your old MacBook to us first.|
|Jun 3, 2016||Cult of Mac - Cult of Mac|
|May 31, 2016||Beta News - Going out of business: An important, but forgotten security precaution|
|May 24, 2016||Android Guys - Don’t let your old devices rot in a drawer. Sell them on Gazelle.com for instant cash|
Will buy used cell phones & electronics
ePelican.com, Inc is ecommerce site for selling your old gadget.
Exchange My Phone pays money for your old phones and iPads with free shipping and data protection.
Mobile reCommerce Company
Itemcycle is an e-commerce website that makes it easy to sell your used Apple devices. Sell your iPhone, iPad, MacBook, and more.
Nextworth provides a trading platform that facilitates sales and trade-in processes for used electronics.
uSell is a marketplace for used electronics, connecting device sellers with professional buyers.
25 Thomson Place