Two Boxes, a Denver, CO-based platform for brands and 3PLs to process returns and capture data from the return process, raised $4.5m in seed funding.
The round was led by Vinyl Capital with participation from Matchstick Ventures & Range Ventures.
The company intends to use the funds to grow its engineering team and expand its product offering and presence into new markets across North America, further develop its data analytics capabilities so that brands and logistics providers can enhance their returns offerings, improve profitability, and reduce the environmental impact of returns.
Created in 2022 by Kyle Bertin and Evan Stalter, Two Boxes provides a platform that allows users to create an efficient way for 3PLs and e-commerce merchants to process returns.
For Brands, it Integrates with their stack, like Shopify, Happy Returns, Loop, and Returnly, to enable sustainable return processing, captures processing data to understand and connect with their customers, suppliers, and partners, and automates reporting across their internal and external teams.
For 3PLs, Two Boxes streamlines returns operations with software and data-driven operations, improves return offerings and ensures standardization across any merchants’ unique returns logic, processes returns quickly and consistently, eliminates subjective and inconsistent disposition decisions, tracks return financials, and offers real-time visibility across a warehouse’s return operations.