Returnmates, Now Sway, Bags $19.5M Series A To Manage E-Commerce Returns
01/11/24, 2:07 PM
Location
veniceMoney raised
$19.5 million
Industry
information technology
Returnmates, now rebranded as Sway, is the latest to attract new venture capital for its approach to delivery and returns that focuses on the customer. The Los Angeles-based company raised $19.5 million in Series A led by 7GC. Additional participants include Blackhorn Ventures, Lightshed Ventures and Rise of the Rest Revolution. To date, the company has raised $25.6 million.
Company Info
Location
1113 electric avenue
venice, california, united states
Additional Info
Sway, formerly Returnmates, is a Los Angeles, CA-based technology company enabling a customer-centric delivery and return experience.
Sway is purpose-built to serve the needs and expectations of today’s brands and shoppers. With next-day and two-day delivery services coupled with a revolutionary doorstep return and exchange product, brands are able to build stronger, lasting relationships with their customers.