Two Boxes, a Denver, Colorado-based returns management solution provider, has raised $5.3 million in an oversubscribed funding, bringing its total funding to $9.8 million.
Investors
The round was led by Peterson Ventures, with participation from Assembly Ventures and continued support from existing investors Vinyl, Range Ventures, and Matchstick Ventures.
Peterson Ventures is an early-stage venture capital firm focused on SaaS, digital commerce, and healthcare. They provide seed funding to entrepreneurs seeking a partner to navigate the challenges of rapid growth.
Two Boxes Use of Funds
With the new funds, Two Boxes plans to expand its engineering team, enhance product features, and extend its market reach beyond North America.
About Two Boxes
Founded in 2022 by Kyle Bertin and Evan Stalter, Two Boxes is a technology company that offers a solution designed to streamline and optimize the returns process for brands and third-party logistics providers (3PLs). The company serves over 20 North American 3PLs, including Capacity, Flowspace, and GoBolt.
Funding Details
Company: Two Boxes, Inc.
Raised: $5.3M
Round: Unknown
Funding Date: September 2024
Lead Investor: Peterson Ventures
Additional Investors: Assembly Ventures, Vinyl, Range Ventures, Matchstick Ventures
Company Website: https://www.twoboxes.com/
Software Category: Returns Management
Source: https://www.prnewswire.com/news-releases/two-boxes-secures-5-3m-in-oversubscribed-funding-round-302249053.html