FundraiseBase by

Raylo

Raised $41.2M, announced 27 January 2026.

Round

Raylo raised £30 million in funding, as reported by FinSMEs.

Amount: $41.2M
Announced: 27 January 2026
Lead: Citibank
Other investors: NatWest
Use of funds: Accelerate global expansion, continued UK growth, and prepare for planned US launch in H2 2026.
Total raised: $247M to date
Valuation: $206M
Checked: Amount and date matched across 2 press sources

Company

Offers subscription plans for smartphones and other consumer electronics.

Based in: London
Founded: 2018
Sector: Consumer
Website: raylo.com ↗

Founders

Karl Gilbertco-founder and CEOLinkedIn ↗
Richard Fultonco-founderLinkedIn ↗
Jinden Badeshaco-founder and CPOLinkedIn ↗

Sources and links

Sources: Raylo Raises £30M in Funding - FinSMEs news.google.com
Electronics brands including Apple and PlayStation turn to subscriptions as Raylo secures €34.5 million - EU-S news.google.com
Website: raylo.com ↗
LinkedIn: Karl Gilbert ↗, Richard Fulton ↗, Jinden Badesha ↗

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