# ReverseLogix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reverselogix

- Industry: Software
- Headquarters: Burlingame, US
- Website: www.reverselogix.com
- Total disclosed funding: $20M
- Latest round: Series A (Feb 17, 2021)
- Investors on record: 1

## About

ReverseLogix Corp., headquartered in Burlingame, US, specializes in developing an integrated returns management system that simplifies product returns, repairs, and processing for various businesses, enhancing operational efficiency and visibility.ReverseLogix Corp. was founded in 2012 and is focused on providing comprehensive returns management solutions. The company has undergone no significant pivots in its business strategy and does not have any known subsidiaries. Gaurav Saran, the founder and current CEO, has led the company since its inception. In February 2021, ReverseLogix raised USD 20 mn in Series A funding, the total amount raised to date being USD 20 mn, with a current valuation of USD 65.33 mn. This funding round was led by Cambridge Capital, which also invested in a single deal.ReverseLogix offers a comprehensive end-to-end returns management system designed to streamline the complexities of product returns, processing, and repairs. The platform integrates seamlessly with existing commerce and warehouse management systems, enhancing visibility and control over return processes. Key functionalities include configurable workflows for various sales channels and product SKUs, rapid verification, inspection, and grading of returned products, as well as a repairs management module that mitigates losses from damaged returns. The solution serves logistics teams, retailers, third-party logistics providers (3PLs), and manufacturers primarily across North America, Europe, and India.ReverseLogix generates revenue primarily through subscription models for its returns management software, catering to a diverse clientele including eCommerce platforms, large retailers, and manufacturers. Clients engage with ReverseLogix on a recurring basis, paying based on their specific service needs and volume of returns processed. The company offers variable pricing plans tailored to different business sizes, ensuring scalability for small to large enterprises, and promotes ongoing partnerships by improving efficiency in handling returns and enhancing the overall customer experience.Following its Series A funding round in February 2021, ReverseLogix Corp. plans to utilize the USD 20 mn raised to enhance its capabilities and resources. The company does not have specific new products announced for launch but is focused on developing its existing offerings. ReverseLogix aims to expand its market reach, particularly targeting growth in Europe and India by 2023. The funding will support these initiatives and facilitate further development in their operational infrastructure.

## Funding rounds

- Series A, Feb 17, 2021, $20M — Cambridge Capital

## Investors

- Cambridge Capital (https://capitalatlas.ai/funds/cambridge-capital) — Series A