GivU

Mexico
Vaquería, Veracruz, Mexico, 11000

Company profile

GivU company profile

GivU is at the forefront of revolutionizing the way people instantly trade, sell and buy transactions, tackling key barriers in the used device ecosystem: complexity, lack of trust, and quality issues. GivU is an online social marketplace specialized in second-hand smartphones and consumer electronics. Our sales achievements and growth projections make GivU a highly attractive investment prospect: > Sales: FY23–FY24: Sold 64,000 phones, generating +$30M revenue. > Sales primarily through retail/marketplaces (Walmart, Amazon, Mercado Libre, Elektra, Coppel,Liverpool). > Conuteracting 7.8MM KG of CO2 per year. > Profitability: Solid 8% EBITDA margin. > Efficient Model: Average order value of $500 USD with a low CAC of $10 USD. Projections to 2030 Target: Capture 15% of Mexico’s used phone market. Revenue to grow 5x between 2025–2030. Target GMV: ~$70M USD EBIT margin target: 20%

Business identity

Contact email
[email protected]
Phone number
524772891505
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0+
Founded
2023-01-10

Headquarters

Postal code
11000
Country code
MX
Continent
North America

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
1
Last funding
Series A / 2023-07-10
Last equity funding
Series A
Founders
2
Articles
1

Founders and investors

Founders

Andrés NietoLuiz Carlos Ferezin