
ReturnGO
AI-driven returns management platform that significantly improves customer lifetime value and post-purchase experience.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $4.8m Valuation: $32.5m | Early VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 62 % | 32 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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ReturnGO is a leading global platform specializing in sustainable returns management. The company operates in the eCommerce market, serving over 2700 brands with its innovative post-purchase solutions. Its primary aim is to help businesses maximize their revenue and profit while minimizing waste, thus promoting sustainable shopping.
The company's business model revolves around providing an end-to-end platform that manages the entire return process. Once a purchase is made, ReturnGO steps in to ensure a seamless experience for customers, offering socially and environmentally friendly alternatives to traditional refunds. The platform allows for in-portal product exchanges, which not only increases revenue but also provides an upselling opportunity.
Additionally, ReturnGO sends branded order tracking notifications for any shipment, reducing customer support costs and engaging customers. The platform has proven to be effective, with clients reporting a 30% increase in exchanges and a 25% reduction in returns.
ReturnGO's platform is versatile and can integrate with any eCommerce stack, including 3PL, ERP, helpdesks, and loyalty programs. This flexibility, coupled with its commitment to sustainability and customer satisfaction, positions ReturnGO as a valuable partner for eCommerce businesses worldwide.
The company generates revenue by charging businesses for using its platform. By helping businesses reduce returns and increase exchanges, ReturnGO ensures a win-win situation for both businesses and their customers, while also promoting sustainable shopping practices.
Keywords: eCommerce, Sustainable Shopping, Returns Management, Post-Purchase Solutions, Customer Satisfaction, Revenue Maximization, Waste Minimization, Product Exchanges, Order Tracking, Platform Integration.