# REVER

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rever-2

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.itsrever.com
- Total disclosed funding: $8.2M
- Latest round: Seed (Jun 19, 2023)
- Investors on record: 5

## About

Founded in 2022 by Oriol Hernández and Màrius Montmany, and based in Barcelona, Spain, REVER operates as a returns management software developer for e-commerce businesses. In June 2023, REVER raise EUR 8.5 million in seed funding co-led by an individual investor and returning investor Global Founders Capital, with participation from investors Mundi Ventures, Sequoia Capital, and Y Combinator.



The firm offers a reimbursement platform that is integrated with various logistics providers to compensate product returns with product exchanges or credit in the online store as alternatives to economic reimbursement. The company facilitates store credits and exchanges as well as automates the entire return management process, allowing customers to receive customized reimbursements in real-time and businesses to retain more customers.  



The company intends to use the June 2023 funding to expand its verticals, grow its team, and expand its business reach.

## Funding rounds

- Seed, Jun 19, 2023, $8.2M — Hong Shan, Y Combinator, Global Founders Capital, Mundi Ventures, Acacia Venture Capital Partners

## Investors

- Hong Shan — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Mundi Ventures (https://capitalatlas.ai/funds/mundi-ventures) — Seed
- Acacia Venture Capital Partners (https://capitalatlas.ai/funds/acacia-venture-capital-partners) — Seed