About Returnity
Returnity is a company based in Brooklyn (United States) founded in 2016.. Returnity has raised $3.1 million across 1 funding round from investors including Brand Foundry and XRC Ventures. Returnity operates in a competitive market with competitors including Hipli, Boomerang, RePack, hey circle and LimeLoop, among others.
- Headquarter Brooklyn, United States
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.1 M (USD)
in 1 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Feb 18, 2022
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Investors
Brand Foundry
& 1 more
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Employee Count
Employee Count
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Funding Insights of Returnity
Returnity has successfully raised a total of $3.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.1 million completed in February 2022. 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 1
- Last Round Seed — $3.1M
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First Round
First Round
(18 Feb 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - Returnity | Valuation | Brand Foundry |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Returnity
Returnity has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Brand Foundry and XRC 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made in consumer tech.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Returnity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Returnity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Returnity Comparisons
Competitors of Returnity
Returnity 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 Hipli, Boomerang, RePack, hey circle and LimeLoop, 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 |
Platform offering reusable packaging products for businesses
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| domain | founded_year | HQ Location |
Reusable packaging solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Reusable packaging solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Reusable packaging and software for e-commerce shipping are provided.
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| domain | founded_year | HQ Location |
Trackable reusable shippers are offered for e-commerce deliveries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Returnity
Frequently Asked Questions about Returnity
When was Returnity founded?
Returnity was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Returnity located?
Returnity is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is Returnity a funded company?
Returnity is a funded company, having raised a total of $3.1M across 1 funding round to date. The company's 1st funding round was a Seed of $3.1M, raised on Feb 18, 2022.
What does Returnity do?
Returnity was established in 2016 in Brooklyn, United States. Contract manufacturing services are provided for reusable packaging targeted at the ecommerce sector. Operations focus on producing durable, returnable solutions to support sustainable shipping practices. The company operates within the packaging and logistics industry, serving clients seeking alternatives to single-use materials. Geographic emphasis is placed on the U.S. market, with production centered in urban facilities.
Who are the top competitors of Returnity?
Who are Returnity's investors?
Returnity has 2 investors. Key investors include Brand Foundry, and XRC Ventures.