Returnity Innovations
A pioneer and market leader in reusable shipping boxes, bags, and envelopes for ecommerce and beyond.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
$3.1m | Series A | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 20 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Returnity is a company focused on revolutionizing the shipping and delivery packaging industry by providing durable, customized, reusable bags and boxes along with the logistics systems to support them. Operating primarily in the United States, Returnity serves forward-thinking brands and retailers who are committed to reducing packaging waste and shifting towards a circular economy. The company's business model involves designing and manufacturing client-specific reusable packaging solutions, which are then integrated into the clients' existing logistics systems. This approach not only helps in reducing environmental impact but also makes the packaging process more cost-effective and scalable. Returnity generates revenue through the sale of these reusable packaging solutions and associated logistics services. The company aims to replace over 10 million single-use boxes by 2024, demonstrating its commitment to sustainability and innovation in the packaging industry.
Keywords: reusable packaging, circular economy, logistics systems, customized solutions, environmental impact, cost-effective, scalable, forward-thinking brands, retailers, sustainability.