Reclaimit

Pitea, Sweden Founded: 2003 • Age: 23 yrs
Returns for retailers are managed via a SaaS platform.
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About Reclaimit

Reclaimit is a company based in Pitea (Sweden) founded in 2003.. Reclaimit offers products and services including Return & Exchange, Repair, Recommerce, and Reclaim. Reclaimit operates in a competitive market with competitors including eComID, OPTIMIZ, Turnr and Inretrn, among others.

  • Headquarter Pitea, Sweden
  • Sectors
    Transportation, Automotive & Logistics
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Almi Invest

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Reclaimit

Reclaimit offers a comprehensive portfolio of products and services, including Return & Exchange, Repair, Recommerce, and Reclaim. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates returns and exchanges for e-commerce brands.

Handles sustainable repairs and warranty processes.

Manages trade-in programs and refurbished products.

Streamlines supplier claims and case management.

Funding Insights of Reclaimit

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2015 Amount Series B - Reclaimit Valuation

investors

Mar, 2015 Amount Series A - Reclaimit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Reclaimit

Reclaimit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Almi Invest and Spintop Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by corporate-backed Almi Invest.
Founded Year Domain Location
Investments are directed toward early-stage software technology companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Reclaimit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Reclaimit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Reclaimit Comparisons

Employees
+
Add Comparison
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Competitors of Reclaimit

Reclaimit 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 eComID, OPTIMIZ, Turnr and Inretrn, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Returns management solutions are provided for e-commerce operations.
domain founded_year HQ Location
AI-driven claims management platform
domain founded_year HQ Location
Returns management platform is offered to fashion brands and retailers.
domain founded_year HQ Location
AI platform for e-commerce return management, cost reduction, and process optimization.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Reclaimit

Frequently Asked Questions about Reclaimit

When was Reclaimit founded?

Reclaimit was founded in 2003 and raised its 1st funding round 12 years after it was founded.

Where is Reclaimit located?

Reclaimit is headquartered in Pitea, Sweden. It is registered at Pitea, Norrbotten County, Sweden.

What does Reclaimit do?

Reclaimit, formerly ETTnoll Design, is a SaaS platform that handles returns for online and offline retailers. The customers register a return item in Reclaimit Customer, which is integrated into the retailers e-commerce page. They then receive a packing list and a consignment note and leave their return with the closest pick-up point. The barcode is read when the return arrives at the store warehouse, and either the provider or its payment solution receives a signal that the customer will be credited. The company also offers Reclaimit Supplier, a web-based RMA system that handles crediting and RMA issues for low-price products in the home electronics and white goods industry. The retailers pay a monthly subscription fee and the company also charges a fee for each registered return case.

Who are the top competitors of Reclaimit?

Reclaimit's top competitors include eComID, OPTIMIZ and Turnr.

What products or services does Reclaimit offer?

Reclaimit offers Return & Exchange, Repair, Recommerce, and Reclaim.

Who are Reclaimit's investors?

Reclaimit has 2 investors. Key investors include Almi Invest, and Spintop Ventures.

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