Raylo
London, United Kingdom
How Raylo hit $24.4M revenue with a 79 person team in 2023.
The networks are mired in a bygone era, but we're here to challenge the status quo. We envision a mobile experience that's superior in every way. Our mission starts with revolutionizing how you get the latest iPhone, making it not only more economical for you but also more beneficial for our planet. Here's our approach: - **Beyond Ownership**: In an age where services like Netflix have made the physical ownership of DVDs obsolete, we apply the same principle to smartphones. With our model, you can make affordable payments without the burden of ownership. After 24 months, simply return your phone and upgrade to the newest model. This system allows you to always enjoy the latest technology without the upfront cost of a new phone. - **Keep Your Existing SIM**: Our approach recognizes the value of flexibility. Our phones are SIM-free, liberating you from being shackled to any single mobile network. Whether you wish to retain your current SIM or hunt for the best deal on the market, the choice remains entirely in your hands. - **Full Insurance Included**: We understand the indispensable role your phone plays in daily life. Thus, our subscription model includes comprehensive insurance covering loss, theft, and accidental damage. To further safeguard your device, we also provide a premium case and screen protector at no extra cost. - **New Phone Every 24 Months**: Technology and needs evolve rapidly. Acknowledging this, we ensure that every 24 months, you have the opportunity to upgrade to the latest iPhone, equipped with cutting-edge technology and a new battery, keeping you at the forefront of innovation. - **Awesome Customer Experience**: Our service philosophy is centered on simplicity and reliability. We offer a streamlined selection of the best iPhones, transparent pricing, an effortless signup process, and a dedicated team to assist you whenever needed. - **Sustainable**: When you're ready to upgrade, your old phone doesn't need to be forgotten in a drawer. We encourage you to send it back to us so we can either give it a new life with a new owner or recycle it responsibly. Additionally, our commitment to sustainability is reflected in our choice of materials, such as making our phone cases from plants instead of plastic. We're redefining mobility with a model that's cost-effective, flexible, and sustainable. It's a modern, smarter way of experiencing mobile. Welcome to the future of mobile, where convenience and conscience go hand in hand.
$24.4M
2023 Revenue
-----
YOY
$30.4M
Funding
Raylo Revenue
In 2023, Raylo revenue run rate hit $24.4M in revenue.
-
2023
Raylo hit $24.4M in revenue in 2023
-
Raylo launched in with $0 revenue
Raylo Funding History
No funding has been reported for Raylo yet.
Team
Raylo has 79 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 79 |
Founder / CEO
Karl Gilbert
Q&A
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
Raylo Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Karl Gilbert | CEO | - | - |
Raylo Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Karl Gilbert | CEO | - | - |
Frequently Asked Questions about Raylo
-
When was Raylo founded?
Raylo was founded in .
-
How much revenue does Raylo generate?
Raylo generates $24.4M in revenue.
-
Who is the CEO of Raylo
The CEO of Raylo is Karl Gilbert.
-
How much funding does Raylo have?
Raylo raised $30.4M.
-
How many employees does Raylo have?
Raylo has 79 employees.
-
Where is Raylo headquarters?
Raylo is headquartered at London, United Kingdom
People Also Viewed
Zymr Inc.
Zymr is a software engineering and consulting company that specializes in cloud-based solutions for enterprise clients. They provide services such as software development, testing, and integration, helping businesses optimize their operations and accelerate their digital transformation.
Solace
Solace Corporation is a technology company based in Ontario, Canada. Solace provides a messaging platform that helps businesses to distribute real-time data and information across their IT infrastructure. Their platform offers features such as event streaming, message routing, and API management, enabling businesses to deliver data in real-time to various applications and devices. Solace's platform is used by companies in various industries such as financial services, telecommunications, and transportation. The company was founded in 2001 and has since become a leading provider of event-driven architectures and messaging solutions.
Orion Labs
Orion is real-time voice for smart teams that get things done! Works with Orion apps, bots, & wearable Onyx smart walkie-talkies to communicate anywhere.
Devolutions
Devolutions is a leading provider of remote access and enterprise password management solutions for IT professionals and business users.
Infeedo
Infeedo.ai is an AI-powered employee engagement platform that helps companies improve communication and engagement with their employees. The company was founded in 2016 by Tanmaya Jain and is based in Gurugram, India. Infeedo.ai's platform uses advanced AI and natural language processing to provide personalized communication and engagement strategies for employees, enabling companies to better understand and address their needs and concerns. The platform also includes features such as sentiment analysis, feedback tools, and analytics, enabling companies to track employee engagement and measure the impact of their engagement efforts. Infeedo.ai's solutions are used by a wide range of businesses, from startups to large enterprises, and have been recognized for their innovative approach to employee engagement and retention.
Learnosity
Learnosity provides the technology framework for authoring, assessment delivery, and reporting for the world's best assessment solutions.