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Trocafone
Marketplace of used electronics in LatAm
About Trocafone
Trocafone operates as a prominent recommerce platform in Latin America, specializing in the buying and selling of used smartphones and tablets. The company was established in 2014 by co-founders Guillermo Freire and Guille Arslanian. The idea for the business emerged from Freire's personal experience of being robbed of his smartphone shortly after moving to São Paulo, Brazil; he discovered a significant gap in the market for a trustworthy source of pre-owned electronics. Both founders brought relevant experience to the venture; Arslanian had a background in e-commerce with previous ventures like Descontariamos.com, while Freire had experience in finance and management. This combination of e-commerce acumen and financial discipline provided a solid foundation for the company's growth.
The business model centers on the circular economy, purchasing used devices from consumers and partners, refurbishing them to a high standard, and then reselling them with a warranty. Trocafone's primary market is Brazil, where it addresses the demand for affordable technology from a growing middle class. Revenue is generated directly from the sale of these refurbished electronics through its online platform and partnerships with major retailers. This approach not only provides consumers with access to technology at a lower price point but also promotes a sustainable consumption model by extending the life cycle of electronic devices. By offering a reliable and transparent platform for second-hand electronics, Trocafone has built a strong brand presence and established itself as a key player in the region's circular economy.
Source: Dealroom company dataAt a glance
- Founded
- 2014
- Headquarters
- São Paulo, Brazil
- Sector
- eCommerce & Marketplaces
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Quasar Builders
Wayra
NXTP Labs
Lumia Capital
Edith Yeung
Series A4 investors entered at this stage
500 Global
Sallfort Privatbank
Barn Investments
FundersClub
Series B and later6 investors entered at this stage
Mercado Libre Fund
Rocketship
FJ Labs
Castor Ventures
Aihuishou
Pedralbes Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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