ReturnLogic
4900 Carlisle Pike, #269, Mechanicsburg, PA, 17050, United States
Overview
ReturnLogic provides returns management software that integrates customer relationship management, third-party logistics, inventory management and shipping via APIs for e-commerce brands and retailers. Founded in 2015 by CEO Peter Sobotta, the company has processed over a half billion returns and serves hundreds of online brands and retailers, including Groove Life, EchelonFit, Oofos, Decathalon, Dossier and The Sak. It also handles third-party warranty returns for large retailers including Amazon, Walmart and Best Buy. ReturnLogic plans to expand its API offerings, lean into its sales model, and broaden platform support beyond Shopify to become the operating system of returns. The company has grown to a 35-person workforce and plans to increase headcount to about 50 by year-end, with an emphasis on product development. The raise comes as the U.S. product returns management market is estimated by IBISWorld to be worth $10 billion this year. ReturnLogic provides a Software as a Service returns platform that enables retailers to enforce return policies, automate complex workflows, and connect the flow of information across back-end operations. The company is led by Founder and CEO Peter Sobotta. It raised $2M in financing to support its growth. ReturnLogic intends to use the funds to further accelerate key initiatives to build its platform. The product is aimed squarely at retailers seeking to streamline returns and back-end processes. The company is based in Camp Hill, Pa.
- Total raised
- $11M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Aug 2022
Industries
- Business Intelligence
- E-Commerce
- Enterprise Software
- Logistics
- Predictive Analytics
- Retail Technology
- SaaS
- Supply Chain Management
Recent funding
Series A
Aug 2022
$9M
Equity
Aug 2020
$2M