I am very excited to announce that YouRenew has been acquired by Clover Wireless, the leader in trade-in, trade-up, and contract repair services for the wireless industry.
When we started YouRenew in 2008, our goal was to provide a simple, trusted trade-in service for used gadgets. We have grown into a multifaceted company that provides consumers, enterprise clients, and partners in the wireless industry a full service solution for wireless device trade-in.
We have big plans for the future of wireless trade-in and were faced with a few options for how to get there. We considered raising another round of venture funding, but Clover offered a compelling option – we could join their team and help to build out the most comprehensive platform in the wireless industry.
Over the course of the last four and a half years, we have had a ton of fun building YouRenew. From the marketing stunts to late nights writing code to meetings with customers across the world, this has been a wonderful journey.
Our team is joining Clover, and we will continue to focus on building the best trade-in software possible and serving our awesome partners.
Clover Wireless, a division of Clover Holdings Inc., is a global provider of private label trade-in, buyback and repair services offering vertically integrated customizable solutions for carriers, retailers and OEMs.
Clover is the industry leader, and in many ways Clover pioneered the take back of used assets from consumers – first with ink and toner cartridges, and now in wireless.
The leadership team behind Clover is top-notch. Clover’s management team has decades of experience developing private-label trade-in programs for some of the world’s biggest brands. The company is headquartered in Chicago, with offices worldwide.
To learn more, visit www.cloverwireless.com.
Building YouRenew would not have been possible without all of our friends, family, investors, and customers.
We are eternally grateful for the unwavering support of our investors and mentors, especially Guy Minetti, Jarrod Yuster, Joe Pappalardo, Elon Boms, and Konstantine Drakonakis. Your support throughout the good times and the tough periods has meant a great deal.
Special thanks go to Jim Boyle and the Yale Entrepreneurial Institute (who first believed in our crazy idea and have stood by us at every step of the way) and to the YEI Class of 2008 – particularly to the team at PaperG.
To the YouRenew team: It is a pleasure to work with you, and I am incredibly proud of what we have built together. Jay, Brett, Wadsworth, Alex, Sam, Joe, Perrin, Ron, and all of the other former members of the team, THANK YOU.
Lastly, thanks to my exceptional parents, Bob and Jeanne. They have always supported my crazy endeavors and let me leave Yale to pursue the dream of building YouRenew (I still finished Mom, just like I promised!). I hope that I’ve made them proud.
Stay tuned, because we’re still just getting started!
ALSO: You can find Clover’s press release here.