Profile
Corporate information
Investment activity status
Active investor
Company type
Provider of digital return experiences for direct-to-consumer brands.Overview
Returnly is a provider of digital return experiences for direct-to-consumer brands. We are the only return solution that lets customers get the right item before returning the wrong one — with zero risk to the merchant. The result is a world-class shopping experience with an average consumer satisfaction score of 91. We have also built a turn-key solution around our financial technology that includes returns management tools as well as hosted and fully brandable customer touchpoints like package tracking, online returns and exchanges and returnless refunds.
Funding
Funding rounds
Series B USD 19,000,000
USD 19,000,000 (17 Apr 2019)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Craft Ventures LLC | Venture capital firm founded by former Yammer and Zenefits CEO David Sacks. | United States | Initial investment. Led the round. |
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Max Levchin | Initial investment. Round participant. | ||
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Bonsai Partners | Spain | Follow-on investment. Round participant. | |
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SV Angel | Silicon Valley-based angel fund. | United States | Follow-on investment. Round participant. |
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TheVentureCity Fund | Follow-on investment. Round participant. |
Series A USD 8,000,000
USD 8,000,000 (30 Jan 2019)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Alma Mundi Ventures, SGEIC SA | Spain | Follow-on investment. Led the round. | |
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Bonsai Partners | Spain | Initial investment. Round participant. | |
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CoVenture VC | Alternative asset manager across three technology-driven platforms: venture capital, specialty lending, and cryptocurrency. | United States | Initial investment. Round participant. |
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Novel TMT Ventures | Initial investment. Round participant. | ||
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TheVentureCity Fund | Follow-on investment. Round participant. |
(30 Apr 2018)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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TheVentureCity Fund | Initial investment. Round participant. |
Seed USD 3,200,000
USD 3,200,000 (8 Apr 2016)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Alma Mundi Ventures, SGEIC SA | Spain | Initial investment. Led the round. | |
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Index Ventures Management SA | Venture capital firm | Switzerland | Initial investment. Led the round. |
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Ariel Poler | Initial investment. Round participant. | ||
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Eduardo Vilar | Initial investment. Round participant. | ||
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FJ Labs | Seed stage venture capital firm - the holding company of Fabrice Grinda and Jose Marin. | United States | Initial investment. Round participant. |
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Inception Capital Management | Initial investment. Round participant. | ||
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InReach Ventures LLP | AI powered venture firm focused on early-stage European startups. | United Kingdom | Initial investment. Round participant. |
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SGH Capital SA | "Tactical early stage technology investors in the US, Europe and beyond." | Initial investment. Round participant. | |
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Social Capital | United States | Initial investment. Round participant. | |
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SV Angel | Silicon Valley-based angel fund. | United States | Initial investment. Round participant. |
Cap Table
Current and past shareholders
Investor | Contacts | Round | |
---|---|---|---|
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Alma Mundi Ventures, SGEIC SA |
Seed (exited) Series A (exited) |
|
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Ariel Poler |
Seed (exited) Series B |
|
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Bonsai Partners |
Series A (exited) Series B |
|
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CoVenture VC Alternative asset manager across three technology-driven platforms: venture capital, specialty lending, and cryptocurrency. |
+1 (646) 495-5946 |
Series A (exited) |
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Craft Ventures LLC Venture capital firm founded by former Yammer and Zenefits CEO David Sacks. |
Series B | |
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FJ Labs Seed stage venture capital firm - the holding company of Fabrice Grinda and Jose Marin. |
Seed (exited) | |
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Inception Capital Management |
Seed (exited) | |
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Index Ventures Management SA Venture capital firm |
Seed (exited) | |
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InReach Ventures LLP AI powered venture firm focused on early-stage European startups. |
Seed (exited) | |
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Novel TMT Ventures |
Series A (exited) | |
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SGH Capital SA "Tactical early stage technology investors in the US, Europe and beyond." |
Seed (exited) | |
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Social Capital |
Seed (exited) | |
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SV Angel Silicon Valley-based angel fund. |
+1 (650) 854-4500 |
Seed (exited) Series B |
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TheVentureCity Fund |
Seed Series A (exited) Series B |