https://techcrunch.com/2020/05/04/back-market-raises-120-million-for-its-refurbished-device-marketplace/

French startup Back Market has raised a new $120 million funding round from Goldman Sachs, Aglaé Ventures and Eurazeo Growth. The company operates a marketplace for refurbished smartphones and electronics devices.

Back Market doesn’t refurbish devices in house. Instead, it partners with certified sellers and let them list their items on the site. The startup requires a 12-month warranty in order to reassure sellers and sell on the platform.