PayPal's venture capital arm is investing $11 million in Happy Returns, marking the largest funding round to date and bringing the total to $25 million.
PayPal's venture capital arm is investing $11 million in Happy Returns, marking the largest funding round to date for the online returns service and bringing its total to $25 million.
Happy Returns operates more than 350 Return Bars in malls, on college campuses and even inside stores like Cost Plus World Market and Paper Source for shoppers to return items bought online when the brand doesn't have its own physical store. Rothy's, Untuckit, Everlane and Eloquii are among the brands working with Happy Returns. For retailers, Happy Returns optimizes routing returns to different end-destinations based on the condition of the goods and rules each retailer sets.
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