ReturnGO.ai Overview
ReturnGO develops technology that aims to avoid standard returns and refunds, and grow top-line revenue. ReturnGO integrates seamlessly between each shopper return request and personalizes unique offers for every customer to turn refund requests into repurchases.
Cumulative Funding Raised Over Time ($)
Latest News
ReturnGO Raises $5M in Funding
growth-positive
https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/returngo-completed-a-6-5-million-seed-fundraising-round-to-improve-the-efficiency-of-ecommerce/article_02bb7ac2-74f3-58fb-b99d-1ce5b3410d3f.html
ReturnGO, an AI-powered returns management platform, has completed a $6.5 million seed fundraising round led by the TPY Capital fund. The company plans to expand its workforce and recruit additional employees for development, research, marketing, and sales. ReturnGOs platform, implemented in over 1,500 Shopify stores, offers customized return alternatives to customers, improving product exchanges and customer loyalty. The company manages about 100,000 returns per month and has received positive reviews. The fundraising will support the deployment of the system among thousands of online stores and leading brands. ReturnGO aims to address the challenges in the reverse supply chain and minimize the social and ecological implications of large-scale returns.
InvestmentExpand
| Sector | Business Software |
Funding
| Total funding | $11.3M |
| Last funding | $4.8M |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 6 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | returngo.ai |
Locations
Arieh Shenkar Street 1, Herzliya, Israel
Photos & Videos
1 item(s)
