Fixably
Fixably is a technology company.
Financial History
Fixably has raised $10.9M across 2 funding rounds.
Frequently Asked Questions
How much funding has Fixably raised?
Fixably has raised $10.9M in total across 2 funding rounds.
Fixably is a technology company.
Fixably has raised $10.9M across 2 funding rounds.
Fixably has raised $10.9M in total across 2 funding rounds.
Fixably has raised $10.9M in total across 2 funding rounds.
Fixably's investors include Acton Capital Partners, Creandum, Global Founders Capital, Icebreaker.vc, Andrus Purde, Kristjan Vilosius.
Fixably is a Helsinki-based SaaS company founded in 2015 that provides workflow management software for repair and refurbishment businesses in the after-sales industry.[3][1][5] Its flagship products, Fixably Repair and Fixably Refurb, automate repair tracking, inventory management, logistics, customer communications, and data-driven decisions for refurbishing and reselling devices, targeting repair shops, technicians, depot-level service centers, and recommerce operations worldwide.[1][4][5][2] The company serves high-volume providers like Apple authorized services, solving inefficiencies in device repair and refurbishment to extend device lifespans, reduce electronic waste, and promote a circular economy—aiming to process over 10 billion devices by 2030.[1][3] With $12M in total funding (including a $10M round in 2023), Fixably demonstrates strong growth momentum through product launches, executive hires like VP of Recommerce, and global adoption.[3]
Fixably was founded in 2015 in Helsinki, Finland, drawing from decades of service industry experience to address evolving device lifecycles amid reduced obsolescence in mobile and computer tech.[3][5][2] The core idea emerged from the need for software to streamline refurbishment and resale processes for repair businesses, rather than handling devices directly—aligning with a mission to extend the life of 10 billion devices.[1][2] Early traction came from its complex flagship product, Fixably Repair, which covered enterprise operations and sold itself due to high demand despite long sales cycles and integration needs; pivotal moments include partnering with firms like Identio for a new ERP system and securing $10M in funding in June 2023 to launch Fixably Refurb.[2][3] This funding from global investors like 468 enabled scaling, with the company growing to 50 employees and $8.4M in revenue.[3]
Fixably rides the circular economy trend, capitalizing on extended device lifecycles, rising e-waste concerns (addressing the global crisis), and regulatory pushes for repairability and sustainability.[1][2] Timing is ideal amid growing recommerce, refurbishment markets, and easier global logistics networks, which enhance efficiency for after-sales businesses.[2][3] Market forces like climate goals, reduced raw material extraction, and demand for refurbished electronics favor Fixably, as its SaaS platform empowers worldwide repair/refurb operations to minimize waste and boost profitability.[1][5] It influences the ecosystem by standardizing workflows, enabling scalable high-volume services (e.g., for OEMs like Apple), and fostering sustainable practices that align with planetary goals like e-waste reduction.[1][4]
Fixably is poised for expansion with its 2023 funding fueling Refurb's growth, new leadership in recommerce, and a push toward 10B+ device impact by 2030—targeting larger depots and global networks.[3][1][2] Trends like stricter e-waste regulations, AI-enhanced refurb grading, and rising second-hand markets will accelerate adoption, potentially doubling revenue as logistics and integrations mature.[2][5] Its influence may evolve from niche repair software to the dominant circular economy platform, shaping sustainable tech after-sales and inspiring rivals to prioritize repairability. This positions Fixably as a key player in making every device count.[1][5]
Fixably has raised $10.9M across 2 funding rounds. Most recently, it raised $10.0M Seed in June 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2023 | $10.0M Seed | Acton Capital Partners, Creandum, Global Founders Capital, Icebreaker.vc, Andrus Purde, Kristjan Vilosius | |
| Sep 1, 2020 | $950K Seed | Acton Capital Partners, Creandum, Global Founders Capital, Icebreaker.vc, Andrus Purde, Kristjan Vilosius |