About Turnr
Turnr is a company based in Stockholm (Sweden) founded in 2020 by Linus Robertsson and Daniel Mattebo was acquired by Ingrid in November 2023.. Turnr offers products and services including Returns Platform and One-Click Exchanges. Turnr operates in a competitive market with competitors including eComID, OPTIMIZ, Reclaimit and Inretrn, among others.
- Headquarter Stockholm, Sweden
- Founders Linus Robertsson, Daniel Mattebo
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Sectors
RetailTechnology Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Turnr Group
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Products & Services of Turnr
Turnr offers a comprehensive portfolio of products and services, including Returns Platform and One-Click Exchanges. 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.
Manages returns and exchanges for fashion brands efficiently.
Enables quick exchanges between customers to streamline logistics.
Funding Insights of Turnr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Turnr
Turnr has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ingrid and Schibsted Media Group. 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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Multi-carrier shipping and transport are automated via cloud-based solutions.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Turnr
| 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 - Turnr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Turnr Comparisons
Competitors of Turnr
Turnr 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 eComID, OPTIMIZ, Reclaimit and Inretrn, 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 |
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| domain | founded_year | HQ Location |
Returns management solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
AI-driven claims management platform
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| domain | founded_year | HQ Location |
Returns for retailers are managed via a SaaS platform.
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| domain | founded_year | HQ Location |
AI platform for e-commerce return management, cost reduction, and process optimization.
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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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Latest news on Turnr
Frequently Asked Questions about Turnr
When was Turnr founded?
Turnr was founded in 2020.
Where is Turnr located?
Turnr is headquartered in Stockholm, Sweden.
Who is the current CEO of Turnr?
Linus Robertsson is the current CEO of Turnr. They have also founded this company.
What does Turnr do?
Turnr was founded in 2020 in Stockholm, Sweden, as a provider of a returns management platform tailored for the fashion retail sector. Reverse logistics processes are automated and streamlined through features including one-click exchanges and customer-to-customer returns. Revenue is generated from returns, while insights into product performance and shopper behavior are delivered. Circular thinking is applied to redesign reverse logistics operations.
Who are the top competitors of Turnr?
What products or services does Turnr offer?
Turnr offers Returns Platform and One-Click Exchanges.
Who are Turnr's investors?
Turnr has 2 investors. Key investors include Ingrid, and Schibsted Media Group.