BuyBackWorld
- Company typePrivate
- Founded2009
- HeadquartersLong Island City, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
BuyBackWorld firmographics
Firmographics- Name
- BuyBackWorld
- Legal name
- Dreven Holdings Group Inc.
- Website
- https://buybackworld.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
BuyBackWorld industry classification
Industry- Product category
- Consumer Electronics Trade-In
- NAICS
- Used Merchandise Retailers (459510), Electronics and Appliance Retailers (4492)
- SIC
- Retail-Hobby, Toy & Game Shops (5945), Retail-Computer & Computer Software Stores (5734)
- akta.pro primary industry
- Trade-in, Buyback & Instant Cashout Recommerce (CRAFAGAL)
- akta.pro secondary industries
- B2B Trade-in, Buyback & Recommerce Programs (CRAKAKAK), Recommerce, Trade-In & Buyback Collection (TLAAALAM)
Keywords
Where BuyBackWorld is headquartered
LocationHeadquarters
- HQ city
- Long Island City
- HQ country
- United States
- HQ region
- North America
Markets served
BuyBackWorld business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Supply Chain, Operations, Technology or R&D, Marketing or Sales, Personnel
Revenue model
- Device Trade-In Acquisition and Resale: Company purchases used electronics from consumers at quoted prices and resells refurbished devices through buybackworldstore.com. Revenue generated from margin between acquisition cost and resale value of devices in working condition.
- Gift Card Exchange: Company purchases unwanted gift cards at discounted rates (up to 90%+ of remaining balance) and resells them or otherwise monetizes. Revenue from the spread between purchase price and face value.
- Enterprise Bulk BuyBack Services: B2B services for organizations selling 10+ devices. Features include dedicated account management, secure data wiping, and IMEI-level reconciliation. Payment options include check, PayPal, or wire transfer.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Instant upfront quote based on device model and condition |
| Transaction based/ take rate | Pay-as-you-go | Gift card exchange rates based on merchant demand |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
BuyBackWorld product offering
Product offeringCore offering
BuyBackWorld operates a multi-platform recommerce marketplace where individual consumers and businesses sell used electronics, mobile devices, and physical gift cards for cash. The company provides instant upfront quotes, free shipping with prepaid labels, and a 30-day price protection guarantee, then resells acquired devices as certified pre-owned products and monetizes gift card balances through its own online storefronts.
Product overview
BuyBackWorld operates as a multi-platform recommerce marketplace enabling consumers and businesses to sell used electronics and gift cards for cash. The core Consumer Trade-In Platform (buybackworld.com) supports over 10,000 devices across 20+ categories including iPhones, Android phones, tablets, laptops, gaming consoles, smartwatches, cameras, and computer parts. Supporting platforms include the Enterprise/Bulk Trade-In Platform for businesses with 10+ devices (bulkbuyback.com), a Gift Card BuyBack program for exchanging physical gift cards, and a Certified Pre-Owned Devices Store (buybackworldstore.com) selling refurbished electronics. Additional platform variants include Retail Trade-In Platform and Subscription Trade-In Platform. Key service features include instant upfront pricing, free shipping with mailed shipping kits, same-day Quick Pay options, and a 30-day price protection guarantee. The company is operated by Dreven Holdings Group Inc. and has served over 400,000 customers with more than $40 million in payouts since 2009.
Differentiator
Problem solved
Functional benefit
Products and services
- Consumer Trade-In Platform Self-serve online platform (buybackworld.com) where individual consumers select their device, model, and condition to receive an instant cash quote, ship the device free of charge, and get paid within two business days. Supports over 10,000 devices across 20+ categories.
- Bulk BuyBack Enterprise Platform
Quantifiable outcome
- Payment within 2 business days of item inspection passing
- +2 more outcomes
Companies that use BuyBackWorld
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
BuyBackWorld technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
BuyBackWorld partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- USPSminorUnited States Postal Service is used as the primary shipping carrier for customer shipments. BuyBackWorld provides prepaid shipping labels via USPS and customers can drop packages at any Post Office or blue mailbox.
- FedExminorAlternative shipping carrier option offered to bulk enterprise customers in addition to USPS. Customers can choose between USPS or FedEx for device shipments.
- BuyBackWorld PlatformscoreParent organization managing multiple trade-in platforms: Consumer Trade-In Platform (buybackworld.com), Enterprise Trade-In Platform (bulkbuyback.com), Retail Trade-In Platform (retailbuyback.com), Subscription Trade-In Platform (buybackiq.com), and Franchise Trade-In Platform.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
BuyBackWorld competitors and assessment
Company assessmentDirect peers
- Gazelle: Gazelle is one of the original consumer electronics trade-in platforms, offering instant cash quotes for used smartphones, tablets, and laptops with mail-in fulfillment — directly comparable to BuyBackWorld's core consumer flow.
- ecoATM: ecoATM operates a nationwide kiosk network for instant electronics buyback, competing for the same consumer supply pool as BuyBackWorld but with a different (in-person) fulfillment model.
- Decluttr: Decluttr buys used electronics, CDs, books, and media for cash via mail-in, occupying the same recommerce category as BuyBackWorld with a similar instant-quote funnel.
- ItsWorthMore: ItsWorthMore is a direct mail-in electronics buyback competitor specializing in smartphones, tablets, and laptops with instant quotes — a close head-to-head peer for BuyBackWorld's core consumer business.
- SellCell: SellCell is a price-comparison and trade-in aggregator for used electronics, channeling consumer supply to competing buyback vendors — a direct competitor for BuyBackWorld's customer acquisition.
- Swappa: Swappa operates a peer-to-peer marketplace for used smartphones and electronics, competing for the same sellers as BuyBackWorld via an alternative (C2C) trade-in mechanism.
Broad incumbents
- Apple Trade In: Apple's official Trade In program accepts used iPhones, iPads, Macs, and other devices for Apple Store credit, competing for supply with deep OEM integration and in-store convenience.
- GameStop: GameStop runs a trade-in program for gaming consoles, games, and electronics with in-store redemption, overlapping with BuyBackWorld's gaming-console category.
- Best Buy Trade-In: Best Buy's in-store and online trade-in program competes for used electronics supply and overlaps with BuyBackWorld's category coverage as part of a much broader retail portfolio.
Emerging players
- Back Market: Back Market is a fast-growing refurbished electronics marketplace with a strong European footprint, competing with BuyBackWorld's certified pre-owned store for demand-side buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
BuyBackWorld social profiles
Digital presenceBuyBackWorld financial estimates
Financial estimateRevenue estimate
Valuation estimate
BuyBackWorld leadership team
Management profileNumber of profiles
Profiles2 records
BuyBackWorld subsidiaries and ownership
Company hierarchySubsidiaries3 records
BuyBackWorld funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BuyBackWorld M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BuyBackWorld
What does BuyBackWorld do?
BuyBackWorld operates a multi-platform recommerce marketplace where individual consumers and businesses sell used electronics, mobile devices, and physical gift cards for cash. The company provides instant upfront quotes, free shipping with prepaid labels, and a 30-day price protection guarantee, then resells acquired devices as certified pre-owned products and monetizes gift card balances through its own online storefronts.
Is BuyBackWorld a public or private company?
BuyBackWorld is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BuyBackWorld founded?
BuyBackWorld was founded in 2009. It employs 11 to 50 people.
Where is BuyBackWorld based?
BuyBackWorld is headquartered in Long Island City, United States, in the North America region.
How does BuyBackWorld make money?
Three revenue lines are on record. Device Trade-In Acquisition and Resale is the primary driver. The others are gift Card Exchange and enterprise Bulk BuyBack Services.
Who are BuyBackWorld's main competitors?
Direct peers on record are Gazelle, ecoATM, Decluttr, ItsWorthMore, SellCell and Swappa. Broad incumbents are Apple Trade In, GameStop and Best Buy Trade-In. Back Market is listed as an emerging player.
Does BuyBackWorld have an API?
No public API is recorded for BuyBackWorld.
What industry is BuyBackWorld in?
BuyBackWorld's product category is Consumer Electronics Trade-In. Its primary akta.pro industry code is CRAFAGAL, Trade-in, Buyback & Instant Cashout Recommerce, with a secondary code of CRAKAKAK, B2B Trade-in, Buyback & Recommerce Programs. Its NAICS code is 459510 and its SIC code is 5945.