Happy Returns Raises $4.0M in Series A Financing

Sep 13, 2017

Happy Returns, a Santa Monica, CA-based technology, service, and logistics company that provides in-person returns for online retailers, closed an additional $4.0m Series A financing.

The round was led by Upfront Ventures, with participation from Brian Spaly, former co-founder of online retailers Bonobos and Trunk Club. In conjunction with the funding, Upfront Partner Greg Bettinelli is joining the Happy Returns Board of Directors.

The company intends to use the funds to continue to grow its in-person service.

Happy Returns provides in-person returns for online retailers through a network of physical locations staffed by trained specialists, located in premier shopping centers and other accessible locations. With the service, shoppers get returns that are free, involve no packing or shipping, and provide an immediate refund.
The company now accepts returns at 40 locations in 14 major metro areas in the U.S..

Retailer partnerships include Chubbies, City Chic, Jaanuu, Paul Evans, Yosi Samra, Everlane, Carbon 38, Eloquii, Shoes of Prey and Tradesy.

Article was originally published here.