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."

      Covered on