About Returneeds
Returneeds is a company based in Gunpo (South Korea) founded in 2023 by Daegun Yoon. Returneeds has raised $742.68 thousand across 3 funding rounds from investors including Etri Holdings, Korea Investment Accelerator and Bluepoint. Returneeds offers products and services including Return Service, Small Box Service, Medium Box Service, and Large Box Service. Returneeds operates in a competitive market with competitors including OPTIMIZ and Return Box, among others.
- Headquarter Gunpo, South Korea
- Founders Daegun Yoon
- SectorsTransportation, Automotive & LogisticsRetail
- Emailβ’β’β’β’β’β’β’β’
- Website returneeds.com
- Social LinkedIn
- Legal Name 리터놀 주식회사
- Date of Incorporation 10 Aug, 1977
- Jurisdiction Maharashtra, India
- Total Equity Funding$742.68K (USD)
in 3 rounds
- Latest Funding Round$742.68K (USD), Seed
Oct 2024
- InvestorsEtri Holdings
& 5 more
Associated legal entities of Returneeds
Returneeds operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | – | – | – | View details |
Products & Services of Returneeds
Returneeds offers a comprehensive portfolio of products and services, including Return Service, Small Box Service, Medium Box Service, and Large Box Service.
Platform for efficient product return management at lower costs for businesses.
Service for returns of items up to 5kg and 100cm, priced from 1,900 won.
Option for returns of items up to 10kg and 120cm, starting at 2,800 won.
Service for returns of items up to 25kg and 160cm, beginning at 4,400 won.
Funding Insights of Returneeds
Returneeds has successfully raised a total of $742.68K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $742.68 thousand completed in October 2024. 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 $742,684
- Total Rounds 3
- Last Round Seed β $742,684
- Investors Count 6
All 3 funding rounds of Returneeds 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 |
|---|---|---|---|---|---|
| Oct 2024 | $742,684 | Seed | β | β | |
| Dec 2023 | – | Seed | β | β | |
| Oct 2023 | – | Seed | β | β |
6 investors in total: 6 institutional.
Investors in Returneeds
Returneeds has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Etri Holdings, Korea Investment Accelerator and Bluepoint.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | etriholdings.com | - | |
Startup acceleration services are provided by Korea Investment Accelerator. | 2022 | koreainvestment.ac | South Korea | |
Bluepoint is associated with innovation and starters' initiatives. | – | bluepoint.ac | - | |
Laguna Investment is engaged in venture capital funding for startups. | – | lagunai.com | Seoul, South Korea | |
- | – | creativekorea.or.kr | - | |
- | – | mysc.co.kr | - |
Investor details for Returneeds
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People of Returneeds
1 people are tracked at Returneeds (1 in leadership).
| Name | Role | Group |
|---|---|---|
Daegun Yoon | Founder & CEO | Leadership |
Complete people profiles for Returneeds
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Timeline of Returneeds
3 dated milestones of Returneeds across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Returneeds is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $743K.
Competitors of Returneeds
Returneeds 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 OPTIMIZ and Return Box, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| optimiz.claims | 2018 | London, United Kingdom | – | 1 | AI-driven claims management platform | |
| returnbox.co.kr | 2016 | Busan, South Korea | – | – | Cloud-based parcel returns management solutions are provided for users. |
Detailed competitors of Returneeds
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Returneeds
The website of Returneeds (returneeds.com) receives about 12.1K visits a month.
- Monthly visits12.1K
▼ 1.7% vs previous month
Websites whose visitors overlap most with Returneeds. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| realpacking.com | 100% | 15.7K | #1,493,194 | View details | |
sello.co.kr | sello.co.kr | 98% | – | #1,470,484 | β |
epsonlounge.co.kr | epsonlounge.co.kr | 95% | – | #238,961 | β |
donppu.com | donppu.com | 95% | – | #4,186,330 | β |
| sellerking.io | 93% | 38K | #861,925 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 25 similar websites and full traffic analytics for Returneeds
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- 25 similar websites
- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
Latest news on Returneeds
Complete news archive for Returneeds
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Similar companies to Returneeds
10 companies that operate in the same segment as Returneeds (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Returneeds
Returneeds was founded in 2023.
Returneeds is headquartered in Gunpo, South Korea. It is registered at Gunpo, Gyeonggi-do, South Korea.
Daegun Yoon is the current CEO of Returneeds. They have also founded this company.
Returneeds is a funded company, having raised a total of $742.68K across 3 funding rounds to date.
Returneeds was founded in 2023 in Gunpo, South Korea, as a platform focused on eCommerce return management. Services include tracking of returns, processing of refunds, and handling of exchanges for online purchases. Operations are centered on streamlining return workflows for retailers in the eCommerce sector, with tools provided to manage customer-initiated returns efficiently across various product categories.
Returneeds's top competitors include OPTIMIZ and Return Box.
Returneeds offers Return Service, Small Box Service, Medium Box Service, and Large Box Service.
Returneeds has 6 investors. Key investors include Etri Holdings, Korea Investment Accelerator, Bluepoint, Center for Creative Economy and Innovation, and MYSC.
Returneeds operates through ,.