Returnlogic Raises $8.5 Million In Series A Funding From Mercury And Other Leading Investors
Amount Raised
$8.5 Million
Round Type
Series A
Camp HillHardwareSoftwareDescription
ReturnLogic, a leader in returns management software (SaaS) solutions for e-commerce brands and retailers, announced today the completion of its $8.5 million Series A funding from an investor group led by Mercury with participation from Revolution’s Rise of the Rest Fund, White Rose Ventures and Ben Franklin Technology Partners. The new capital will be used to double ReturnLogic’s workforce, accelerate product development, and expand Application Programming Interface (API) capabilities with new e-commerce platforms and ecosystems for ReturnLogic’s Software-as-a-Service (SaaS) returns operations platform.
Quick answer
ReturnLogic raised $8.5 Million in a Series A round, dated August 9, 2022. ReturnLogic is based in Camp Hill, Pennsylvania, United States.
- How much did ReturnLogic raise?
- ReturnLogic raised $8.5 Million in a Series A round on August 9, 2022.
- What does ReturnLogic do?
- ReturnLogic is shaping the future of returns management solutions, helping high-growth e-commerce brands automate, gain visibility, and optimize product returns and operations in order to scale their stores and reach..
- Where is ReturnLogic based and how big is it?
- ReturnLogic is based in Camp Hill, Pennsylvania, United States. Fundz records about 16 employees.
- Who are the decision-makers at ReturnLogic?
- Fundz holds 2 contacts at ReturnLogic. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Software around the same time
Companies in the same sectors as ReturnLogic that raised within 45 days of this round, from Fundz verified event records.
- Classiq raised an undisclosed amount (Series B) on September 20, 2022.
- HaptX, Inc. raised $23M (Funding Round) on September 15, 2022.
- Agility raised an undisclosed amount (Funding Round) on September 14, 2022.
- Zesty raised $75M (Series B) on September 13, 2022.
- oVice raised $32M (Series B) on August 31, 2022.
- DriveNets raised $262M (Series C) on August 17, 2022.
Who to call at ReturnLogic, and when
A new round usually means ReturnLogic is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ReturnLogic raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ReturnLogic, from your own LinkedIn network
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Funding Insights
What this usually meansReturnLogic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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