Enjoy Technology

Palo Alto, CA Retail Technology Acquired

Enjoy Technology was a mobile commerce and in-home retail platform founded by former Apple retail and J.C. Penney chief Ron Johnson. The company pioneered a 'Commerce at Home' model, dispatching trained Experts in branded vehicles to deliver, set up, activate and transfer data on premium consumer-electronics purchases (notably smartphones) bought from carrier and retail partners. Enjoy went public via a SPAC merger with Marquee Raine Acquisition Corp. on Nasdaq under ticker ENJY in October 2021, but missed revenue forecasts, ran out of capital, filed for Chapter 11 bankruptcy on June 30, 2022, and sold substantially all of its assets to Asurion, LLC for approximately $110 million in a sale that closed August 31, 2022.

Acquired

Enjoy Technology has been acquired

Acquired by Asurion, LLC August 31, 2022 ~$110M (Section 363 asset sale)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Total Funding

$260M

4 rounds

Latest Valuation

$1.2B

April 28, 2021

Funding

Total raised $260M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

PIPE (SPAC private placement)

Date

April 28, 2021

Amount

$80M

Valuation

$1.2B

Lead Investors

Not disclosed
DateRoundAmount RaisedValuationLead Investors
April 28, 2021 PIPE (SPAC private placement) $80M $1.2B Not disclosed
August 27, 2019 Late-stage / growth $150M $0.9B Not disclosed
2015 Series B/C (interim rounds) Not disclosed Not disclosed

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2020 2021 Enjoy Technology

Entry · Late-stage / growth

$0.9B

Aug 2019

Enjoy Technology today

$1.2B

Apr 2021 · latest mark

Enjoy Technology multiple

1.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Ron Johnson

    Founder & CEO

  • Jonathan Mariner

    Interim CEO (2022)

  • Fareed Khan

    CFO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Asurion

    Privately held device protection, tech support and in-home services giant that acquired Enjoy's assets in 2022 and now operates a similar in-home device support and trade-in model.

  • Best Buy (Geek Squad / In-Home Advisor)

    Public consumer-electronics retailer whose Geek Squad and In-Home Advisor programs deliver setup, repair and consultation services in the home, the most direct retail-services analogue to Enjoy.

  • Apple Retail / Apple Genius Bar

    Apple's own retail and service organization (the operation Ron Johnson originally built) provides setup, support and trade-in in-store and increasingly in-home, the benchmark experience Enjoy sought to bring to other brands.

  • HelloTech

    On-demand in-home tech support and smart-home installation service competing for the same 'Genius Bar on wheels' use case Enjoy targeted.

  • Carrier retail operations (AT&T, Verizon, T-Mobile)

    U.S. mobile carriers operate their own stores, kiosks and increasingly home-delivery channels for device sales and activation, the channel Enjoy was contracted to augment for partners such as Apple, AT&T and Rogers.

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Data collected with AI, which can make mistakes. Please double-check this information.