About Freeing Returns
Freeing Returns is a Retail company based in Atlanta (United States) founded in 2013 by Charlotte Mattier, Lisette Rice, and Barbara Jones. It operates as an app-based solutions for managing retailer returns are offered. It operates in the Retail, Transportation, Automotive & Logistics, and Technology sectors. Freeing Returns has raised $3.16 million across 2 funding rounds from investors including Morgan Stanley, Serena Ventures and Aperture Venture Capital. Its chief executive is Barbara Jones. Freeing Returns offers products and services including Data-Driven Profit Optimization, E-Commerce Fraud Detection, and Improved Systems Integration. Its focus areas include In Store Retail Tech, Customer Experience Management, Returns Management and E-Commerce Enablers. Its competitors include RELEX, Wasoko, Happy Returns, Loop Returns and Vend and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Freeing Returns was founded in 2013 in Atlanta, United States, focusing on retail technology. The platform is utilized to generate customer return scores through analysis of transaction histories, loyalty data, social media profiles, CCTV footage, financial records, and additional sources. Operations center on app-based tools that assist retailers in handling returns efficiently across their networks.
- Headquarters Atlanta, United States
- Founders Charlotte Mattier, Lisette Rice, Barbara Jones
- SectorsRetailTransportation, Automotive & Logistics Technology
- Phone•••• ••••
- Website freeingreturns.com
- Social LinkedIn X Facebook
- Total Equity Funding$3.16M (USD)
in 2 rounds
- Latest Funding Round$3.16M (USD), Seed
May 2022
- InvestorsMorgan Stanley
& 6 more
Products & Services of Freeing Returns
Freeing Returns offers a comprehensive portfolio of products and services, including Data-Driven Profit Optimization, E-Commerce Fraud Detection, and Improved Systems Integration.
Analyzes retail data to optimize profits and prevent losses.
Uses AI to detect and prevent fraud in online transactions.
Integrates with POS systems to reduce retail inefficiencies.
Funding Insights of Freeing Returns
Freeing Returns has successfully raised a total of $3.16M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.16 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.16M
- Total Rounds 2
- Last Round Seed — $3.16M
- Investors Count 7
All 2 funding rounds of Freeing Returns with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $3.16M | Seed | – | Serena Ventures, Aperture Venture Capital | |
| Sep 2021 | – | Seed | – | ZANE Venture Fund | – |
7 investors in total: 7 institutional.
Investors in Freeing Returns
Freeing Returns has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Serena Ventures and Aperture Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage startups by Serena Ventures. | – | serenaventures.com | San Francisco, United States | |
Early-stage investments in technology companies are made by Aperture VC. | – | aperturevc.com | - | |
- | – | 1863ventures.net | - | |
Venture capital solutions are provided to under-resourced entrepreneurs. | – | bronzevalley.com | Birmingham, United States | |
Venture capital investments are made in inspirational early-stage founders. | 2020 | zane.vc | Atlanta, United States | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
- | – | paxmv.com | - |
Investor details for Freeing Returns
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People of Freeing Returns
3 people are tracked at Freeing Returns (3 in leadership).
| Name | Role | Group |
|---|---|---|
Charlotte Mattier | Co-Founder | Leadership |
Lisette Rice | Co-Founder | Leadership |
Barbara Jones | Co-Founder & CEO | Leadership |
Complete people profiles for Freeing Returns
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Timeline of Freeing Returns
3 dated milestones of Freeing Returns across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Freeing Returns is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.2M.
Competitors of Freeing Returns
Freeing Returns has 9 listed competitors in our database, 9 of them funded. They include RELEX, Wasoko, Happy Returns, Loop Returns and Vend, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| relexsolutions.com | 2005 | Helsinki, Finland | $816.41M | 169 | Unified platform for retail and supply chain planning is offered. | |
| wasoko.com | 2013 | Nairobi, Kenya | $151.91M | – | Online B2B marketplace offering groceries for enterprises | |
| happyreturns.com | 2015 | Los Angeles, United States | $16.9M | 35 | Physical stores are operated for in-person returns of online purchases. | |
| loopreturns.com | 2017 | Columbus, United States | $175.63M | 164 | Returns management solutions are offered for Shopify brands. | |
| vendhq.com | 2010 | San Francisco, United States | $45.86M | 38 | Cloud-based retail POS solutions | |
| nuvoex.com | 2013 | Delhi, India | $47.1M | 1,300 | Reverse logistics solutions are offered for Indian e-commerce returns. | |
| zopsmart.com | 2011 | Bengaluru, India | $12.86M | 464 | Omni-channel solutions are provided for offline businesses. | |
| focal.systems | 2015 | Menlo Park, United States | $25.92M | – | AI-based suite solution for offline businesses | |
| blubirch.com | 2015 | Bengaluru, India | $12.63M | 108 | Provider of reverse supply chain automation platform |
Detailed competitors of Freeing Returns
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Top companies in Autonomous & In-Store Retail Tech
10 companies that operate in the same segment as Freeing Returns (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | – | – | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | – | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Finland | USD 816.41 M | – | – |
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Frequently Asked Questions about Freeing Returns
Freeing Returns was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Freeing Returns is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Barbara Jones is the current CEO of Freeing Returns. They have also founded this company.
Freeing Returns is a funded company, having raised a total of $3.16M across 2 funding rounds to date.
Freeing Returns was founded in 2013 in Atlanta, United States, focusing on retail technology. The platform is utilized to generate customer return scores through analysis of transaction histories, loyalty data, social media profiles, CCTV footage, financial records, and additional sources. Operations center on app-based tools that assist retailers in handling returns efficiently across their networks.
Freeing Returns's top competitors include RELEX, Wasoko and Happy Returns.
Freeing Returns offers Data-Driven Profit Optimization, E-Commerce Fraud Detection, and Improved Systems Integration.
Freeing Returns has 7 investors. Key investors include Morgan Stanley, Serena Ventures, Aperture Venture Capital, PAX Momentum, and 1863 Ventures.