About Return Magic
Return Magic is a company based in Montreal (Canada) founded in 2016 was acquired by Shopify in June 2018. Return Magic operates in a competitive market with competitors including Return Logic, seel, Kover.ai, Returnmates and Return Rabbit, among others.
- Headquarter Montreal, Canada
- SectorsRetail
- Website returnmagic.com
- Social LinkedIn
- Acquired by Shopify (Jun 2018)
Investors in Return Magic
Return Magic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shopify.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
E-commerce storefront solutions are provided for online businesses. | 2006 | shopify.com | Ottawa, Canada |
Investor details for Return Magic
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Timeline of Return Magic
2 dated milestones of Return Magic across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Return Magic is founded.
- Exit Acquired by Shopify.
Competitors of Return Magic
Return Magic 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 Return Logic, seel, Kover.ai, Returnmates and Return Rabbit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| returnlogic.com | 2014 | Carlisle, United Kingdom | $27.84M | – | Cloud-based return management software is provided to retailers. | |
| seel.com | 2004 | San Francisco, United States | $17M | – | Solutions are provided to enhance conversion rates for Shopify merchants. | |
| kover.ai | 2019 | San Francisco, United States | $6.5M | 25 | Online insurance for mobile devices and gig workers is offered. | |
| returnmates.com | 2020 | Los Angeles, United States | $5.98M | – | Web-based solutions for returns and reselling management are provided. | |
| returnrabbit.com | 2020 | Ann Arbor, United States | – | – | SaaS-based return management software is offered for Shopify e-commerce stores. | |
| atomic.financial | 2020 | Salt Lake, United States | $84.8M | 89 | Payroll management services are provided to businesses by Atomic. | |
| retino.com | 2017 | Prague, Czech Republic | – | 1 | Return management solutions are provided for online merchants. |
Detailed competitors of Return Magic
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- Full competitor set
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Similar companies to Return Magic
10 companies that operate in the same segment as Return Magic (E-Commerce Enablers & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 8,100 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.35 B | – | 1 | |
Delivery channels management software is provided for restaurants. | 2015 | Bengaluru, Karnataka, India | USD 32.32 M | USD 2.97 M | 171 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 6,790 |
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Frequently Asked Questions about Return Magic
Return Magic was founded in 2016.
Return Magic is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Return Magic was founded in 2016 in Montreal, Canada, and operates within the eCommerce sector. Software for return management is provided to Shopify stores, where return labels and refunds are automated. Integration with 3PL, ERP, and WMS systems is supported, alongside business insights and an analytics dashboard for tracking KPIs. Pricing is structured by package and selected features.
Return Magic's top competitors include Atomic, seel and Return Logic.
Return Magic has 1 investor. Key investors include Shopify.
Yes. Return Magic was acquired by Shopify in June 2018.