About Returnly
Returnly is a company based in San Francisco (United States) founded in 2012 was acquired by Affirm in April 2021.. Returnly has raised $30.2 million across 4 funding rounds from investors including Affirm, FJ Labs and TMT Investments. Returnly offers products and services including Returns Platform, Exchanges Service, Warranties Management, and Fraud Detection Tool. Returnly operates in a competitive market with competitors including Happy Returns, Loop Returns, Optoro, ReverseLogix and OnePak, among others.
- Headquarter San Francisco, United States
-
Sectors
Transportation, Automotive & LogisticsRetail
-
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 Returnly
Returnly offers a comprehensive portfolio of products and services, including Returns Platform, Exchanges Service, Warranties Management, and Fraud Detection Tool. 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.
Platform for handling customer returns and revenue retention
Facilitates risk-free instant exchanges for merchants
Streamlines claims processing and customer support
Detects and prevents abuse in returns processes
Unlock access to complete
Funding Insights of Returnly
Returnly has successfully raised a total of $30.2M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $19 million completed in April 2019. 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 4
- Last Round Series B — $19.0M
-
First Round
First Round
(13 Oct 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series B - Returnly | Valuation | Craft Ventures | |
| Jan, 2019 | Amount | Debt – Conventional - Returnly | Valuation |
investors |
|
| Jan, 2019 | Amount | Series A - Returnly | Valuation | Mundi Ventures , TheVentureCity |
| 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 Returnly
Returnly has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Affirm, FJ Labs and TMT Investments. 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 |
|---|---|---|---|---|
|
Venture capital fund focused on SaaS and consumer sectors
|
Founded Year | Domain | Location | |
|
Early-stage tech investments in the US are targeted by Coventure.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on B2B business model and insurtech sectors
|
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 Returnly
| 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 - Returnly
| 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 |
Returnly Comparisons
Competitors of Returnly
Returnly 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 Happy Returns, Loop Returns, Optoro, ReverseLogix and OnePak, 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 |
Physical stores are operated for in-person returns of online purchases.
|
|
| domain | founded_year | HQ Location |
Returns management solutions are offered for Shopify brands.
|
|
| domain | founded_year | HQ Location |
Returned inventory is managed for e-commerce retailers via software solutions.
|
|
| domain | founded_year | HQ Location |
Provider of SaaS-driven reverse logistics platform
|
|
| domain | founded_year | HQ Location |
Cloud and IoT platform for returns logistics management is utilized.
|
| 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 Returnly
Frequently Asked Questions about Returnly
When was Returnly founded?
Returnly was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Returnly located?
Returnly is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Returnly a funded company?
Returnly is a funded company, having raised a total of $30.2M across 4 funding rounds to date.
What does Returnly do?
Returnly is a cloud-based financial service and returns management solution for eCommerce companies. The company provides instant wallet refunds if a customer returns a product even before it is shipped back. The wallet amount can be used instantly for making purchases on the same e-commerce store. Returnly bears the risk related to return. It also connects users to store, carriers, logistics, and CRM platforms. The company charges commission on the post-return sales along with an initiation fee. It won Red Herrings Top 100 North America award 2017.
Who are the top competitors of Returnly?
Returnly's top competitors include Happy Returns, Loop Returns and ReverseLogix.
What products or services does Returnly offer?
Returnly offers Returns Platform, Exchanges Service, Warranties Management, and Fraud Detection Tool.
Who are Returnly's investors?
Returnly has 10 investors. Key investors include Affirm, FJ Labs, TMT Investments, Craft Ventures, and Coventure.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.