G2 Reverse Logistics, a Pittsburgh, PA-based net recovery company, raised $9.6M in Seed funding.
The round was led by Dell Technologies Capital.
The company intends to use the funds to enable sales and marketing investments consistent with its global growth strategies.
Founded in 2020 and led by CEO Tom Perry, G2 Reverse Logistics provides a prescriptive analytics platform (powered by unbiased disposition, artificial intelligence, machine learning and predictive analytics) purpose-built to optimize operations and minimize costs by constantly analyzing and improving returns in real-time and enables an end-to-end product routing and disposition to maximize recoveries. The readily available open API architecture enables the company to integrate with existing client systems, making it a flexible, scalable solution. The platform boasts efficient returns processing, optimized net recovery and automated returns decisions for retailers, manufacturers, brands, and third-party logistics providers (3PLs).
FinSMEs
19/03/2024