8Returns raises 800,000 euros

Climate-neutral returns, without paper and integrated into the company's own processes - that's what 8Returns promises its customers. The Berlin-based company has now received 800,000 euros from a total of 18 investors in a financing round.
Germans return around half of their online orders - and the companies then have to sort the goods, some of which are no longer suitable for resale. 8Returns, a start-up founded by Nilaxsa Yoganathan and Amin Ben Said in Berlin, is dedicated to returns and the challenges they present. They have now received support from 18 investors and raised 800,000 euros. This is reported by Capital exclusively.
Among them are Tamaz Georgadze and Frank Freund from fintech Raisin, Philipp Kreibohm from Home24, Auxxo partner Fabiola Hochkirchen as well as entrepreneur and investor Verena Pausder and Thermondo founder Philipp Pausder.
The start-up primarily enables small retailers who sell via Shopify and Shopware to organize their returns using its software. The paper returns slip is eliminated and replaced by a code, and shipping is offset, making it climate-neutral.

Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectFYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?