Circular Economy

Cinch clinches $28.8M to scale their circular subscription model

April 11, 2025
Image from Cinch

Here’s Cinch. They help companies procure, manage, and dispose devices sustainably, while helping consumers upgrade their devices at a low cost. 

  • Now, they just raised $28.8M! 

Investor check. Monk’s Hill Ventures led the round, while 1982 Ventures, Z Venture Capital, Digital Currency Group, and Ratio Ventures also joined in. 

🌫️ Cinch in your carbon emissions

Cinch refurbishes and redeploys devices across multiple lifecycles. Want to try out the latest tech without high costs and long-term contracts? They’ve got you. 

  • Their subscription model provides flexible and affordable access to smartphones, laptops, and tablets. 
  • And for enterprises? They can streamline device procurement, financing, and lifecycle management!

Good for you, good for the planet. Their circular subscription model is designed to maximize device longevity, making it the more eco-friendly choice!

📱 Partnered up

They are Samsung Electronics Singapore’s official subscription partner for the Galaxy S25 Series. 

  • Customers can subscribe to Samsung’s flagship smartphone for a flat monthly fee. Oh, and it includes damage protection and an upgrade option at the end of the term. 

💰 What’s with the $$$? 

Cinch will continue developing an operating system that will power circular device distribution at scale.

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