Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks


Refurbly, a Swedish MVNO, offers used phones with affordable data plans and circular phone insurance. The MVNO telco offers used mobile phones along with subscriptions. All mobile phones served by Refurbly come inspected, tested and repaired by experienced service technicians, and thus they work like new and come with a two-year warranty, says the company.
Refurbly Business Model
With this unique business model, customers can enjoy quality mobile devices at a much lower cost than buying a new one, and this approach is also environmentally friendly. This unique commitment to sustainability has struck a chord with consumers as it has led to impressive growth over the past year, says Refurbly, as the company has experienced growth, increasing its revenue by 300% in just one year since its inception in 2022.
“I am incredibly proud of what we have achieved at Refurbly,” said Lundgren Fetah. “Our team has worked tirelessly to provide our customers with the best possible experience, and it is gratifying to see that our efforts have paid off. We are excited to continue growing and expanding our offerings in the coming years.”
The former CEO of Telia and GSMA (Global System for Mobile Communications Association) board member Johan Dennelind is among the company’s investors.
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“I’m excited to be part of the Refurbly team and to work alongside such a talented young entrepreneur as David,” said Dennelind. “Refurbly’s unique approach to the telecom industry is refreshing, and I believe it has the potential to make a real impact on the market.”