ReverseLogix Raises $20M in Series A Funding

ReverseLogix Company., a Burlingame, Calif.-based cloud-based platform that automatizes reverse logistics for e-commerce firms, logistics service suppliers from third events, and producers, has raised $20m in Sequence A capital.

The funding got here from Cambridge Capital. As a part of the deal, Cambridge Capital’s Benjamin Gordon and Matt Smalley are becoming a member of ReverseLogix’s Board of Administrators.

The corporate plans to utilize the cash to extend its capabilities in addition to assets.

Additionally, learn Specright Raises $30M In Series B Funding

Directed by Gaurav Saran, Founder, and CEO, ReverseLogix gives a modular SaaS platform that means that you can arrange, plan and handle the intricate end-to-end reverse logistic course of for the world’s most famed online-based firms. With the assistance of the platform, on-line commerce companies, logistics firms and producers can deal with every facet of repairs, returns and after-sales service. Totally different modules concentrate on the initiation of returns, returns processing repairs administration, warehouse administration, and optimizing stock.

Clients are FedEx, Electrolux, Cole Haan, BNSF Logistics, Amer Sports activities, Samsonite and Tumi.

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