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
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Transportation, Automotive & LogisticsRetail
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Products & Services of Returnly
Returnly offers a comprehensive portfolio of products and services, including Returns Platform, Exchanges Service, Warranties Management, and Fraud Detection Tool.
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
People of Returnly
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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.
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.
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Venture capital fund focused on SaaS and consumer sectors
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Early-stage tech investments in the US are targeted by Coventure.
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Venture capital firm focused on B2B business model and insurtech sectors
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Investor details for Returnly
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Investments & Acquisitions by Returnly
Investment portfolio details for Returnly
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Financial Statements - Returnly
Detailed financials for Returnly
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Returnly Comparisons
Peer comparison for Returnly
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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.
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Physical stores are operated for in-person returns of online purchases.
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Returns management solutions are offered for Shopify brands.
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Returned inventory is managed for e-commerce retailers via software solutions.
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Provider of SaaS-driven reverse logistics platform
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Cloud and IoT platform for returns logistics management is utilized.
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Detailed competitors of Returnly
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Latest news on Returnly
Complete news archive for Returnly
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Frequently Asked Questions about Returnly
Returnly was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Returnly is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Returnly is a funded company, having raised a total of $30.2M across 4 funding rounds to date.
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.
Returnly's top competitors include Happy Returns, Loop Returns and ReverseLogix.
Returnly offers Returns Platform, Exchanges Service, Warranties Management, and Fraud Detection Tool.
Returnly has 10 investors. Key investors include Affirm, FJ Labs, TMT Investments, Craft Ventures, and Coventure.