ReturnGO, a New York-based company specializing in efficient returns and exchanges management for products purchased on eCommerce platforms, has secured $5 million in additional funding.
SaaS Investors
The round was led by Trestle Partners.
Founded in 2019, Trestle Partners is a venture capital fund based in New York, New York. The firm invests in pre-Series A and Series A SaaS businesses that possess strong product-market fit and exhibit responsible growth patterns.
About ReturnGO
Founded in July 2020 by Aviad Raz, Assi Abramovich, and Eyal Rosenthal, ReturnGO is a post-purchase solutions provider. Its platform has been implemented as a software as a service (SaaS) in over 2,500 Shopify stores. Its mission is to develop an end-to-end solution that can be used with any eCommerce stack, improving the shopping experience, making eCommerce more sustainable, and reducing reverse logistics costs for online retailers. ReturnGO currently employs 25 people at its research and development center in Ramat Gan, Israel.
Funding Details
Company: ReturnGO Ltd.
Raised: $5.0M
Round: Unknown
Funding Month: November 2023
Lead Investors: Trestle Partners
Additional Investors:
Company Website: https://returngo.ai/
Software Category: Post-Purchase Solutions
Source: https://www.businesswire.com/news/home/20231107401277/en/