Returnly Technologies

Returnly Technologies, Inc.Founded in 2014 and headquartered in San Francisco, US, Returnly Technologies, Inc. specializes in providing returns management solutions for e-commerce. The company has undergone a significant transition, being acquired by Affirm Holdings, Inc.Returnly Technologies offers a robust returns management platform designed specifically for e-commerce brands, especially those using Shopify. Their primary offerings include intuitive return processes, instant exchanges, customizable return policies, and smart fraud detection, aimed at improving the post-purchase experience.Returnly Technologies generates revenue through a tiered subscription model, offering three distinct pricing plans: Offset, Essential, and Advanced. Merchants subscribe to the platform for its returns management solutions, benefiting from varying features and support levels designed to enhance their return processes. to enhance product offerings and expand market reach. The company is currently developing new features for its returns management platform, with a focus on improving customer engagement and operational efficiency. Additionally, Returnly seeks to expand into new markets including Europe and Asia by 2023, aiming to solidify its presence in the global e-commerce landscape. The funds from the USD 300 mn acquisition will support these growth initiatives, driving innovation and enhancing service capabilities.

1. Series B

   Apr 4, 2019

   Amount

   $19M

   Investors

   Locked

2. Series A

   Jan 30, 2019

   Amount

   $8M

   Investors

   Locked

3. Series A

   Apr 30, 2018

   Amount

   Undisclosed

   Investors

   Locked

4. Seed

   Oct 13, 2016

   Amount

   $3.3M

   Investors

   Locked