Back Market to raise $120M from Goldman Sachs, Aglaé Ventures and Eurazeo Growth.

Back Market, a Paris, France-based operator of a marketplace for refurbished electronics, announced the completion of a $120 million funding round.

The money was raised from investors including Goldman Sachs, Aglaé Ventures (the venture arm of Groupe Arnault), and Eurazeo Growth.

Back market, founded in 2014 by Thibaud Hug de Larauze and Vianney Vaute, developed a marketplace where consumers can buy refurbished electronics, such as laptops and smartphones, from over 1,000 certified sellers and receive a 12-month warranty on all devices. The platform is available in France as well as Spain, Germany, Italy, Belgium, the UK and Austria.

Back Market previously raised about $55 million, with a $48 million round announced in 2018.