About REVER
REVER is a company based in Barcelona (Spain) founded in 2022 by Oriol Hernandez I Fajula and Marius Montmany. It operates as a SaaS (Software-as-a-Service), and Managed Services. REVER has raised $9.67 million across 3 funding rounds from investors including Wayra, Global Founders Capital and Y Combinator. REVER offers products and services including Platform, Exchanges, Refunds, Logistics, and Intelligence. REVER operates in a competitive market with competitors including Loop Returns, Optoro, Reveni, Refundid and Reshop, among others.
- Headquarter Barcelona, Spain
- Founders Oriol Hernandez I Fajula, Marius Montmany
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Sectors
Transportation, Automotive & LogisticsRetail
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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
$9.67 M (USD)
in 3 rounds
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Latest Funding Round
$8.2 M (USD), Series A
Jun 19, 2023
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Investors
Wayra
& 6 more
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Employee Count
Employee Count
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Products & Services of REVER
REVER offers a comprehensive portfolio of products and services, including Platform, Exchanges, Refunds, Logistics, and Intelligence. 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.
Returns are managed efficiently with an integrated platform.
Returns are transformed into opportunities for customer retention.
Returns are automated to enhance customer re-engagement opportunities.
Supply chain is streamlined to reduce operational costs.
Sales are boosted with AI-driven data analysis insights.
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Funding Insights of REVER
REVER has successfully raised a total of $9.67M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8.2 million completed in June 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 3
- Last Round Series A — $8.2M
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First Round
First Round
(01 Jun 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - REVER | Valuation | Global Founders Capital , Y Combinator | |
| Jun, 2022 | Amount | Seed - REVER | Valuation | Global Founders Capital | |
| Jun, 2022 | Amount | Seed - REVER | Valuation | Y Combinator |
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| 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 REVER
REVER has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wayra, Global Founders Capital and Y Combinator. 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 firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B business model and insurtech sectors
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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 REVER
| 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 - REVER
| 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 |
Rever Comparisons
Competitors of REVER
REVER 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 Loop Returns, Optoro, Reveni, Refundid and Reshop, 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 |
Returns management solutions are offered for Shopify brands.
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| domain | founded_year | HQ Location |
Returned inventory is managed for e-commerce retailers via software solutions.
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| domain | founded_year | HQ Location |
Return management software is offered for e-commerce operations.
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| domain | founded_year | HQ Location |
Refund management software is provided for e-commerce return processing.
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| domain | founded_year | HQ Location |
Return management solutions for e-commerce businesses are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about REVER
When was REVER founded?
REVER was founded in 2022.
Where is REVER located?
REVER is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is REVER a funded company?
REVER is a funded company, having raised a total of $9.67M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2022.
What does REVER do?
REVER is engaged in providing solutions for e-commerce returns management. The company operates within the technology sector, offering a comprehensive platform that includes exchanges, refunds, logistics, and business intelligence. Services are designed to automate returns, reduce costs, and enhance customer satisfaction through AI-driven insights. Solutions are tailored for enterprises, emerging brands, and tomorrows icons, ensuring scalability across different business sizes. Integration with existing e-commerce platforms is emphasized to support seamless operations.
Who are the top competitors of REVER?
REVER's top competitors include Loop Returns, Reshop and Optoro.
What products or services does REVER offer?
REVER offers Platform, Exchanges, Refunds, Logistics, and Intelligence.
Who are REVER's investors?
REVER has 7 investors. Key investors include Wayra, Global Founders Capital, Y Combinator, Mundi Ventures, and Barlon Capital.