Reuse raises $21M Series A to expand across Latin America
Chilean refurbished electronics startup Reuse raised a $21M Series A led by At One Ventures, marking the fund’s… The post Reuse raises $21M Series A to expand across Latin America appeared first on LatamList .
Chilean electronics refurbisher Reuse secured $21 million in Series A funding from At One Ventures, its inaugural venture in Chile. Established in 2018 by José Tomás Ulloa and Max Sateler, Reuse works with retailers, telecom providers, and electronics brands to manage device trade-in programs. Among its partners are Falabella, Coppel, Samsung, Cencosud, Ripley, Claro, WOM, and MacOnline.
The startup utilizes software to assess used devices before refurbishing and offering them with a 13-month warranty, priced up to 30% lower than new devices.
The fresh capital will enable Reuse to expand operations in Colombia, deepen partnerships with existing partners, and invest in technology. In 2025, the company reported $30 million in revenue, doubling its 2024 figures, and anticipates hitting $55 million in net revenue by 2026. Currently active in Chile, Mexico, and Peru, Reuse employs 120 individuals.
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