Worthmore

Every year over 150 million smartphones are replaced across Europe each year. Today over 80% of those devices find their way into our drawers, wasting millions of dollars and tonnes of valuable resources. You may even have a few lying around yourself. We think this is a problem, so we developed a system that simplifies the process of converting your used phones into money for yourself or an impact donation to one of our partners in 3 easy steps. The secondhand smartphone market is expected to explode from €10 Billion today to €45 billion by the mid-2020s. Our mission is to become "what to do with your used smartphone" within the next two years and be the most efficient at capturing the supply of used devices by introducing sustainable incentives that will engage our customers to make an impact, and help us "close the loop".
SDGs
Location København, Sweden
Website worthmore.io
Founded 2020
Employees 1-10
Industries Energy & Greentech, Service
Stage Product or prototype
Business model B2C, B2B
Funding state Pre-seed

“‘We talk with a lot of people who are very conscious about the impact they’re having on the planet, and when we ask them how many smartphones do they have in their drawer they always say: ‘I have three or four.’ Where did that disconnect happen?’”

- Tegan, CEO at Worthmore

Key numbers

€25

Money raised

50/50

Male / female ratio

Team

Founder, CEO and Founder
Tegan Spinner
CMO
Maria Germogenova
UP
Head of UI/UX
Ugne Petersen
JW
Fundraising Manager
Jørgen Wingård

Investors

VENTURES
MEGATREND INVEST A/S
DK
ANGEL
Daniel Kristensen