musicMagpie - About the company
musicMagpie is an acquired company based in Macclesfield (United Kingdom), founded in 2007 by Steve Oliver, Jamie Evawin, Steve W and Steve Oliver. It operates as an Online buy-back platform for multi-category pre-owned consumer electronic products. musicMagpie has raised an undisclosed amount in funding. The company has 38 active competitors, including 3 funded and 8 that have exited. Its top competitors include companies like Back Market, Intelligent Servers and reboxed.
Company Details
Online buy-back platform for multi-category pre-owned consumer electronic products. The product catalog includes laptops, smartwatches, tablets, books, DVDs, phones, and other electronic products.
- Website
- musicmagpie.co.uk
Key Metrics
Founded Year
2007
Location
Macclesfield, United Kingdom
Stage
Acquired
Latest Funding Round
Ranked
2nd among 38 active competitors
Employee Count
235 as on Aug 31, 2026
Exit Details
Acquired by AO (Dec 01, 2024)
Legal entities associated with musicMagpie
musicMagpie is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ENTERTAINMENT MAGPIE LIMITED CIN: 6277562 , Germany, Active | Jun 12, 2007 | - | 544 (As on Nov 30, 2021) |
musicMagpie's acquisition details
musicMagpie got acquired by AO on Dec 01, 2024.
Click here to take a look at musicMagpie's acquisition in detail
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musicMagpie's funding and investors
musicMagpie has raised funding over 3 rounds. Its first funding round was on Apr 15, 2011. Its latest funding round was a Conventional Debt round on Apr 20, 2021 for $*****. 1 investor participated in its latest round. musicMagpie has 4 institutional investors.
Here is the list of recent funding rounds of musicMagpie:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 20, 2021 | 5923573 | Conventional Debt | 7412055 | 3191486 | 1191128 | 8796883 |
Oct 2015 | 7477447 | PE | 6706864 | 7231901 | 9298136 | |
Apr 15, 2011 | 3898847 | PE | 6056317 | 6706910 | 8610088 |
View details of musicMagpie's funding rounds and investors
musicMagpie's founders and board of directors
Founder? Claim ProfileHere are the details of musicMagpie's key team members:
- Steve Oliver: Founder and Managing Director of musicMagpie and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
- Jamie Evawin: Co-founder of musicMagpie.
- Steve W: Owner of musicMagpie.
- Steve Oliver: Founder and Managing Director of musicMagpie.
View details of musicMagpie's Founder profiles and Board Members
musicMagpie's employee count trend
musicMagpie has 235 employees as of Aug 26. Here is musicMagpie's employee count trend over the years:
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musicMagpie's Competitors and alternates
Top competitors of musicMagpie include Back Market, Intelligent Servers and reboxed. Here is the list of Top 10 competitors of musicMagpie, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Back Market 2014, New York City (United States), Series E | Online marketplace for refurbished electronic products | $1.02B | 75/100 | |
2nd | musicMagpie 2007, Macclesfield (United Kingdom), Acquired | Online buy-back platform for multi-category pre-owned consumer electronic products | - | 62/100 | |
3rd | Intelligent Servers 2011, Harrogate (United Kingdom), Acquired | Online platform reselling refurbished IT equipment | - | 43/100 | |
4th | reboxed 2019, London (United Kingdom), Seed | Online marketplace platform offering refurbished smartphones and accessories | $4.59M | 39/100 | |
5th | Tech.trade 2014, Airdrie (United Kingdom), Unfunded | Online B2C marketplace offering refurbished consumer electronic products | - | - | 39/100 |
6th | Mazuma Mobile 2006, Morecambe (United Kingdom), Acquired | Online platform offering second-hand multi-category electronic products | - | - | 34/100 |
7th | Spring 2011, London (United Kingdom), Seed | Online platform offering second-hand multi-category electronic products | $13.4M | 33/100 | |
8th | Envirofone 2005, Macclesfield (United Kingdom), Acquired | Online platform offering refurbished smartphones | - | - | 31/100 |
9th | The Big Phone Store 1999, Wolverhampton (United Kingdom), Unfunded | Online marketplace offering pre-used and new electronics products | - | - | 28/100 |
10th | RueZone 2017, Ruislip (United Kingdom), Unfunded | Online reseller of pre-owned electronic products | - | - | 28/100 |
Looking for more details on musicMagpie's competitors? Click here to see the top ones
musicMagpie's Investments and acquisitions
musicMagpie has made no investments or acquisitions yet.
Reports related to musicMagpie
Here is the latest report on musicMagpie's sector:
News related to musicMagpie
Media has covered musicMagpie for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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AO World cuts mobile device trade-in deal with Timpson as key to Music Magpie strategyTheBusinessDesk.com•Jan 20, 2026•musicMagpie, AO World
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MusicMagpie and Timpson Partner for New Smartphone Takeback ServiceBusinessGreen•Jan 20, 2026•musicMagpie, AO World, Timpson
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Senior musicMagpie marketer joins FuelHubProlific North•Mar 20, 2025•musicMagpie, Fuelhubservices, Fuel Hub
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AO World agrees GBP10 million takeover for musicMagpieShareprices•Oct 02, 2024•musicMagpie, AO World
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Musicmagpie To Be Acquired In £10 Million Cash DealMarketingstockport•Oct 02, 2024•musicMagpie, AO World
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Music Magpie revenue declines in increasingly competitive second-hand marketThe Retail Bulletin•Jun 28, 2024•musicMagpie
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