Meet Phobio, the Atlanta startup tackling e-waste with a device trade-in software
Meet Phobio, the Atlanta startup tackling e-waste with a device trade-in software By Erin Schilling - Technology Reporter/ Atlanta Inno Atlanta startup Phobio wants to give consumer electronics a second life. Maybe even a third, fourth or fifth life, said CEO Stephen Wakeling . Phobio produces an electronics trade-in software, which enables companies to take back old electronics such as phones, tablets and laptops and resell them in other markets. It also handles any repairs. Phobio’s revenue doubled in 2020 because the pandemic meant more people needed personal electronics to work remotely. As the economy worsened, they sought refurbished devices or traded in old devices to save money. Phobio, a bootstrapped company with about 100 employees, works with e-commerce brands and retailers such as Apple, Amazon Canada, Costco and Hyperion Partners to power their trade-in programs. Phobio also handles trade-ins for employee devices for companies such as Chick-fil-A and Hyatt Regenc