Happy Returns Announces Strategic Investment from PayPal to Accelerate Sales and Product Development

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▤ Summary

SANTA MONICA, Calif.--( BUSINESS WIRE )--Happy Returns, a leading provider of return and logistics solutions for retailers and their customers, today announced a strategic investment from PayPal (Nasdaq: PYPL) as part of an $11M financing round. The two companies share a commitment to reducing friction from the entire online shopping experience for retailers and their customers, from consideration and purchase through fulfillment and possible return and exchange. “We’re thrilled to work with PayPal to make the process of returning more seamless for shoppers and our service more broadly available to PayPal’s large network of merchants.” Happy Returns provides aggregated shipping and logistics across all channels with optimized disposition to destinations of the retailers choice; all with comprehensive reporting and analytics. Happy Returns is based in Santa Monica, California and its investors include PayPal, USVP, Upfront Ventures, and Lowercase Capital.

▥ Classifications

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E-Commerce & Retail

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SaaS Supply Chain Software E-commerce Software

▦ Linked Companies

Happy Returns
$1M to $5M