Returnly provides a hosted and fully brandable online product returns platform that retailers can leverage to offer a streamlined returns experience. With Returnly, brands offer easy online returns, and eligible shoppers get Instant Refunds as store credit to buy again even before returning items. Returnly fronts consumers their money in the form of an online wallet that can be used for repurchases from the same brand. When shoppers buy with Instant Refunds, Returnly settles with merchants in real-time and takes on all product return and customer risk.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/14/16 | $3,250,000 | Seed | ||
01/30/19 | $8,000,000 | Series A |
CoVenture Mundi Ventures Novel TMT Ventures | undisclosed |
04/17/19 | $19,000,000 | Series B |
Affirm Craft Ventures | undisclosed |