About Happy Returns
Happy Returns is a company based in Los Angeles (United States) founded in 2015 was acquired by United Parcel Service in October 2023. Happy Returns has raised $16.9 million across 3 funding rounds from investors including PayPal, United Parcel Service and USVP. The company has 35 employees as of December 31, 2022. Happy Returns offers products and services including Return & Exchange Portal and Return Bar® Network. Happy Returns operates in a competitive market with competitors including Loop Returns, Returnly, ReverseLogix, Optoro and OnePak, among others.
- Headquarter Los Angeles, United States
- Employees 35 as on 31 Dec, 2022
-
Sectors
Transportation, Automotive & LogisticsRetail
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$16.9 M (USD)
in 3 rounds
-
Latest Funding Round
$11 M (USD), Series B
Apr 25, 2019
-
Investors
PayPal
& 6 more
-
Employee Count
35
as on Dec 31, 2022
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Happy Returns
Happy Returns offers a comprehensive portfolio of products and services, including Return & Exchange Portal and Return Bar® Network.
Platform for processing e-commerce returns and exchanges efficiently.
Network of drop-off points for hassle-free item returns and verifications.
People of Happy Returns
Unlock access to complete
Funding Insights of Happy Returns
Happy Returns has successfully raised a total of $16.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in April 2019. 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.
Investors in Happy Returns
Happy Returns has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PayPal, United Parcel Service and USVP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
VC firm that focuses on early stage investments in the US
|
Locked | Locked | Locked | |
|
Venture capital funding is provided to early-stage companies.
|
Locked | Locked | Locked | |
|
VC & PE firm
|
Locked | Locked | Locked |
Investor details for Happy Returns
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Happy Returns
Investment portfolio details for Happy Returns
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Happy Returns
Detailed financials for Happy Returns
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Happy Returns Comparisons
Peer comparison for Happy Returns
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Happy Returns
Happy Returns operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Loop Returns, Returnly, ReverseLogix, Optoro and OnePak, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Returns management solutions are offered for Shopify brands.
|
|
| Locked | Locked | Locked |
Return management solutions are offered to eCommerce companies via SaaS.
|
|
| Locked | Locked | Locked |
Provider of SaaS-driven reverse logistics platform
|
|
| Locked | Locked | Locked |
Returned inventory is managed for e-commerce retailers via software solutions.
|
|
| Locked | Locked | Locked |
Cloud and IoT platform for returns logistics management is utilized.
|
Detailed competitors of Happy Returns
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Happy Returns
Complete news archive for Happy Returns
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Happy Returns
Happy Returns was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Happy Returns is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Happy Returns is a funded company, having raised a total of $16.9M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Happy Returns is 35.
Happy Returns provides retailers with a service designed to allow shoppers to return products purchased online to in-person Return Bars for an immediate refund. This will allow online shoppers get free, instant refunds by returning orders to a physical store. The company has also launched its first Return Bar at Santa Monica Place, which accepts Trades returns daily from 10 am to 9 pm. Plans to generate revenue by charging e-commerce companies a per-item fee when a purchase gets returned. That fee will include the cost of shipping the orders back to the company.
Happy Returns's top competitors include Loop Returns, ReverseLogix and Optoro.
Happy Returns offers Return & Exchange Portal and Return Bar® Network.
Happy Returns has 7 investors. Key investors include PayPal, United Parcel Service, USVP, Upfront Ventures, and Brian Spaly.