# Returnity Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/returnity-innovations

- Industry: Packaging
- Headquarters: Brooklyn, US
- Website: www.returnity.co
- Total disclosed funding: $3.1M
- Latest round: Seed (Feb 18, 2022)
- Investors on record: 2

## About

Based in California, US, and founded in 2016, Returnity Innovations Inc., d.b.a. Returnity is a triple bottom line company that provides reusable shipping boxes, envelopes, and bags for eCommerce and other companies. In February 2022, Returnity Innovations Inc. raised USD 3.1 million in a Series A funding from Brand Foundry Ventures, with participation from XRC Labs and other unspecified investors. As of February 2022, Mike Newman is the CEO of Returnity Innovations Inc.

Returnity provides custom-designed reusable bags and boxes, including mailer bags, garment bags, chrysalis bags, envelopes, and other enterprise and consumer reusable products.

The company plans to use its proceeds from February 2022 funding to expand its account development bandwidth, improve the backend, and scale up its product and marketing efforts.

## Funding rounds

- Seed, Feb 18, 2022, $3.1M — Brand Foundry Ventures, XRC Labs

## Investors

- Brand Foundry Ventures (https://capitalatlas.ai/funds/brand-foundry-ventures) — Seed
- XRC Labs — Seed