Consumer Startup Secures $8 Million
Happy Returns closed $8 million in Series B financing, led by U.S. Venture Partners, with participation from Upfront Ventures.
The company provides a method of in-person returns through a network of physical “return bars” staffed by friendly, highly-trained “returnistas,” located in premier shopping centers, on corporate and college campuses, and in other convenient spots. According to the company, customers benefit by avoiding shipping costs and getting immediate refunds, while retailers using Happy Returns save money through increased conversions, customer loyalty, and satisfaction.
This investment will be used to accelerate Happy Returns’ technology roadmap.