7 years ago
Rebound Secures Investment from BGF to Expand Returns Management Platform
Rebound, a UK-based global returns management platform for online clothing retailers, has received an investment from BGF
The amount of the deal was not disclosed
Rebound intends to use the funds to grow its customer base both in the UK and internationally and develop its data analytics platform
Founded in 2015, Rebound has established partnerships with more than 100 local and global third-party carriers across 195 countries, and has over 500 customers managing 35 million returns transactions a year.
ProblemTechnology
"Online clothing retailers are struggling to manage returns efficiently, leading to high costs, poor customer experience, and lost revenue."
Solution
"Rebound provides a platform that helps retailers manage their returns process, including software and logistics network to improve efficiency, traceability and customer experience."