Returnmates, Now Sway, Bags $19.5M Series A To Manage E-Commerce Returns

Jan 11, 2024•almost 2 years ago

Amount Raised

$19.5 Million

VeniceInformation Technology

Description

Returnmates, now rebranded as Sway, is the latest to attract new venture capital for its approach to delivery and returns that focuses on the customer. The Los Angeles-based company raised $19.5 million in Series A led by 7GC. Additional participants include Blackhorn Ventures, Lightshed Ventures and Rise of the Rest Revolution. To date, the company has raised $25.6 million.

Company Information

Company

Sway (formerly Returnmates)

Location

1113 ELECTRIC AVENUE

Venice, California, United States

About

Sway, formerly Returnmates, is a Los Angeles, CA-based technology company enabling a customer-centric delivery and return experience. Sway is purpose-built to serve the needs and expectations of today’s brands and shoppers. With next-day and two-day delivery services coupled with a revolutionary doorstep return and exchange product, brands are able to build stronger, lasting relationships with their customers.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Returnmates, Now Sway, Bags $19.5M Series A To Manage E-Commerce Returns

Description

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Company Information