Gazelle

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General Info
  • Corporate name: Gazelle
  • Founded: 07/21/2010
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Short Description:

If you’ve given up on Craigslist and Ebay for selling your used electronic gadgets, you still might like Gazelle, a company that will buy your old ipod, phone, Wii etc and sell it on ebay. You find your item – a phone, a console, etc. – and tell Gazelle the condition. You print out a shipping package, ship it to the company, and they pay you a rate gleaned from multiple sources that should, in theory, reflect the real value of the device. Gazelle then sells the thing again, hopefully making a profit.

Long Description:

If you’ve given up on Craigslist and Ebay for selling your used electronic gadgets, you still might like Gazelle, a company that will buy your old ipod, phone, Wii etc and sell it on ebay. You find your item – a phone, a console, etc. – and tell Gazelle the condition. You print out a shipping package, ship it to the company, and they pay you a rate gleaned from multiple sources that should, in theory, reflect the real value of the device. Gazelle then sells the thing again, hopefully making a profit.

You might ask why not just sell your wares on ebay/craigslist yourself? Well, for many of us its still too much of a hassle to keep track of an auction or to great a worry that our buyer will flake on the purchase. Whatever reason, there evidently is at least one as the site has bought 850 items September 2007 a month after launching, and has raised $2 million.

 
Location
  • Continent:
  • Area:
  • State: Massachusetts
  • Country: United States
  • City: Boston
Industry
 
Fundings
Funding Total: $12,000,000
Round Date Amount Pre Amount Post Amount
Series C 07/21/2010 $12,000,000
Investors: Physic Ventures, RockPort Capital Partners, Venrock Associates Funding: Gazelle Raises $12 Million
 
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    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

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