About Returngo Technologies
Returngo Technologies is a company based in Israel founded in 2020 by Eyal Rosenthal and Assi Abramovitz was acquired by Global-e in August 2025.. Returngo Technologies has raised $11.5 million across 2 funding rounds from investors including Global-e, Trestle Partners and TPY Capital. Returngo Technologies offers products and services including Returns Platform, Exchanges Service, Tracking Notifications, and Shipping Integrations. Returngo Technologies operates in a competitive market with competitors including OPTIMIZ, OtailO and EXP Commerce, among others.
- Headquarter Israel
- Founders Eyal Rosenthal, Assi Abramovitz
-
Sectors
RetailTechnology Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
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 Returngo Technologies
Returngo Technologies offers a comprehensive portfolio of products and services, including Returns Platform, Exchanges Service, Tracking Notifications, and Shipping Integrations. 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.
Handles product returns to reduce costs and waste for businesses
Facilitates product exchanges with incentives to boost customer loyalty
Sends order updates to lower support needs and engage users
Connects carriers for efficient forward and return shipping processes
Unlock access to complete
Funding Insights of Returngo Technologies
Returngo Technologies has successfully raised a total of $11.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in November 2023. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $5.0M
-
First Round
First Round
(16 Jun 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Returngo Technologies | Valuation | Trestle Partner |
|
| Jun, 2022 | Amount | Seed - Returngo Technologies | Valuation | TPY Capital |
| 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 Returngo Technologies
Returngo Technologies has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Global-e, Trestle Partners and TPY Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Trestle Partners is focused on investing in SaaS businesses.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
SeedIL Ventures is engaged in providing seed funding and support to early-stage Israeli startups.
|
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 Returngo Technologies
| 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 - Returngo Technologies
| 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 |
Returngo Technologies Comparisons
Competitors of Returngo Technologies
Returngo Technologies 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, OtailO and EXP Commerce, 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 |
AI-driven claims management platform
|
|
| domain | founded_year | HQ Location |
Product return management services are provided for e-commerce operations.
|
|
| domain | founded_year | HQ Location |
Provides a white-label app for creating and managing buyback programs.
|
| 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 Returngo Technologies
Frequently Asked Questions about Returngo Technologies
When was Returngo Technologies founded?
Returngo Technologies was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Returngo Technologies located?
Returngo Technologies is headquartered in Israel.
Is Returngo Technologies a funded company?
Returngo Technologies is a funded company, having raised a total of $11.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6.5M, raised on Jun 16, 2022.
What does Returngo Technologies do?
Returngo Technologies was founded in 2020 in Israel. A platform for return management in online retail is provided, leveraging AI to analyze customer behaviors and habits for predictions. Return requests are integrated with processing for alternatives, including store credit redeemable on future purchases. Customers select return reasons and upload documents as needed. Machine learning is applied to evaluate parameters and identify suitable options.
Who are the top competitors of Returngo Technologies?
Returngo Technologies's top competitors include OPTIMIZ, OtailO and EXP Commerce.
What products or services does Returngo Technologies offer?
Returngo Technologies offers Returns Platform, Exchanges Service, Tracking Notifications, and Shipping Integrations.
Who are Returngo Technologies's investors?
Returngo Technologies has 11 investors. Key investors include Global-e, Trestle Partners, TPY Capital, SeedIL Ventures, and Aristagora VC.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.