Tech Company Financing Transactions
ReturnGO Funding Round
ReturnGO closed a $5 million Seed investment round on 11/7/2023. Backers included Trestle Partners.
Transaction Overview
Company Name
Announced On
11/7/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Trestle Partners (Lead Investor)
Proceeds Purpose
ReturnGO will provide its return and exchange process for those 300,000 merchants on Amazon's e-commerce third-party logistics platform.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
Ha-Yetsira Street 3
Ramat Gan, Undisclosed
IL
Ramat Gan, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
ReturnGO is powering the world's first open post-purchase ecosystem -- for the benefit of shoppers, merchants, innovators, and the planet. Returns & exchanges cost retailers billions of dollars a year -- from lost revenue, additional shipping, staff costs, and dissatisfied customers. Failing to deal with returns efficiently is also a disaster for the environment, resulting in millions of tons of wasted packaging and avoidable CO2 emissions. At ReturnGO, we're dedicated to transforming the current lose-lose model of post-purchase.
Management Team
Title
Name
Email & Social
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