Eze
Eze is a B2B marketplace based in San Francisco, specializing in the wholesale trading of new and used electronic devices such as iPhones and gaming consoles. The company offers a secure trading platform with quality assurance, real-time market data, and flexible payment terms.
Company Overview
Eze is a B2B marketplace based in San Francisco, CA, USA. The company specializes in trading wholesale quantities of devices such as iPhones, MacBooks, iPads, and gaming consoles. Eze focuses on formalizing the fragmented second-hand electronics market by providing a secure and efficient platform for businesses to buy and sell devices. The team consists of 32 members, and the company is a member of the Y-Combinator W20 batch. They operate internationally, serving regions like the United States of America, Canada, and offering remote and partly remote services.
Products and Services
Eze offers a platform that allows for the trading of new and used electronics in wholesale quantities. The company provides a grading system to ensure the quality control of devices, and a secure payment system to eliminate transaction risks. They offer real-time market data to businesses, helping them make informed decisions. Eze also provides a 30-day warranty on devices sold and extends Net 120 terms, allowing purchases to be paid up to 120 days later. Free returns are available on the first order to facilitate customer trust.
Market Impact
Eze aims to formalize the fragmented and inefficient second-hand electronics market. Since its inception, the company has sold over 500,000 devices in under three years. They provide a platform for buyers and sellers to submit buy and sell requests, automatically connecting parties with compatible bids and executing the trade. In 2016, the company's estimated beachhead was valued at $17 billion, growing by 50% from the previous year.
Secure Trading and Quality Assurance
Eze eliminates transaction risk by acting as an intermediary with a secure payment system. The platform ensures quality control through a comprehensive grading system for devices. By providing real-time market prices and data, businesses are better equipped to make informed purchasing decisions. The company also offers a 30-day warranty on devices and free returns on the first order, enhancing customer confidence in their transactions.