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Underdog

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Refurbished home appliances marketplace

Nantes, FranceFounded 2022eCommerce & Marketplaces
Valuation $25–50M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Underdog and the history behind them.

About Underdog

Underdog is a French company that reconditions and sells used household appliances. The company's goal is to provide a second life to discarded items such as washing machines, dryers, and dishwashers. Underdog sources its appliances, repairs and refurbishes them, and then sells them through its website, underdog.shop, and a physical store in Nantes.

The business model is centered around the circular economy, aiming to reduce waste and offer affordable alternatives to new appliances. Customers can purchase products from major brands at discounts of up to 50% compared to new items. All reconditioned appliances come with a 2-year warranty, and the company offers delivery and installation services.

Underdog primarily serves consumers in France who are looking for cost-effective and environmentally friendly home appliances. By professionalizing the refurbishment process, the company seeks to build trust in the second-hand market and establish itself as a leading provider of reconditioned white goods.

Source: Dealroom company data

At a glance

Founded
2022
Headquarters
Nantes, France
Sector
eCommerce & Marketplaces

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

  • Inovexus
  • Tivoli
  • SISTAFUND
  • Leia Capital
  • Daphni
  • Founders Future
  • BNP Paribas Asset Management
  • Serena
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇫🇷 France95.7%
🇬🇧 United Kingdom4.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Underdog on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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