Your Source for Venture Capital and Private Equity Financings

Massinvestor/VC News Daily

ReverseLogix Scores $20M

2021-02-18
BURLINGAME, CA, ReverseLogix today announced $20 million in its first round of external funding.
ReverseLogix, the leading cloud-based platform to automate reverse logistics for e-commerce brands, third-party logistics providers and manufacturers, today announced $20 million in its first round of external funding. The new capital will enhance the company's capabilities and resources to deliver a turn-key, modular SaaS platform to manage, plan and execute the complex end-to-end reverse logistics process for the world's largest e-commerce-focused companies.

The Series A financing was provided by Cambridge Capital, a leading supply chain technology-focused investment firm. In conjunction with the investment, Cambridge Capital's Benjamin Gordon and Matt Smalley have joined ReverseLogix's Board of Directors.

ReverseLogix is the leading cloud-based platform to automate end-to-end reverse logistics for e-commerce brands, third-party logistics providers and manufacturers. ReverseLogix's centralized, highly configurable, modular SaaS platform is designed to manage every aspect of returns, repairs and after-sales care for all reverse logistics ecosystem players. With the rise in e-commerce, and the unique demands relating to returns and reverse logistics, ReverseLogix is poised to be at the forefront of innovation in a $1 trillion global market.
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000 startups and 5,000 VC investors