# Returnly funding: rounds and investors

> Returnly has raised $30M across 4 rounds since 2016. Investors include Index Ventures, Craft Ventures and SV Angel. Every round with its source.

Source: https://millionrounds.com/company/returnly (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Returnly*

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce Fintech

Funding summary Updated 26 Oct 2026

**$30M** raised across 4 rounds since 2016, from 4 sources

**$3.2M** Seed **$8.0M** Series A **$19M** Series B

- **Latest round:** Venture Jan 2022
- **Biggest round:** $19M Series B · Apr 2019
- **Investors:** 9 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022

**$3.2M** Seed

**$8.0M** Series A

**$19M** Series B

**?** Venture

- **First round:** Seed, $3.2M
- **Biggest round:** $19M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jan 2022** Venture **Amount undisclosed** *3 new* *2 returning* [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [TheVentureCity](https://millionrounds.com/fund/theventurecity) Source recorded
- **Apr 2019** Series B **$19M** *2 new* [Craft Ventures](https://millionrounds.com/fund/craft-ventures) Affirm Reported by FinSMEs SEC filing: $19M sold, first sale Apr 2019
- **Jan 2019** Series A **$8.0M** *3 new* [Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) [CoVenture](https://millionrounds.com/fund/coventure) The Venture City/ Novel TMT Reported by Businesswire SEC filing: $19M sold, first sale Apr 2019
- **Oct 2016** Seed **$3.2M** *1 new* [Index Ventures](https://millionrounds.com/fund/index-ventures) Lead Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2016 **Series A** 2019 **Series B** 2019 **Venture** 2022 [Index Ventures](https://millionrounds.com/fund/index-ventures) L [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [SV Angel](https://millionrounds.com/fund/sv-angel) [FJ Labs](https://millionrounds.com/fund/fj-labs) [TheVentureCity](https://millionrounds.com/fund/theventurecity) [Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) [CoVenture](https://millionrounds.com/fund/coventure) Affirm The Venture City/ Novel TMT

## Everyone who backed them

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **2** rounds, led 1

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **2** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[TheVentureCity](https://millionrounds.com/fund/theventurecity) VC firm **1** round

[Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) VC firm **1** round

[CoVenture](https://millionrounds.com/fund/coventure) Hedge fund **1** round

Affirm no record of our own yet **1** round

The Venture City/ Novel TMT no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=returnly).

## Also claim to have backed them

These 3 firms list Returnly as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Graph Ventures](https://millionrounds.com/fund/graph-ventures) VC firm Per its own site

[Bonsai Partners](https://millionrounds.com/fund/bonsai-partners) VC firm Per its own site

[SGH CAPITAL](https://millionrounds.com/fund/sgh-capital) VC firm Per its own site

## Quick answers about Returnly

### Who invested in Returnly?

Returnly's investors include Index Ventures, Craft Ventures, SV Angel, FJ Labs and TheVentureCity, and 4 more on record.

### How much has Returnly raised?

Returnly has raised $30M across 4 rounds since 2016. One round did not disclose an amount, so the total is a floor.

### When did Returnly last raise?

Returnly's most recent round was a Venture in Jan 2022.

### What was Returnly's biggest round?

Returnly's largest round on record is $19M (Series B), in Apr 2019.

### Who backed Returnly first?

Returnly's first round on record, in Oct 2016, was backed by Index Ventures.

### What stage is Returnly at?

Returnly's latest named round is a Venture, in Jan 2022.

### Where is Returnly based?

Returnly is based in the United States.

### Who led Returnly's rounds?

Index Ventures led the Seed in 2016.

## Companies like Returnly

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)

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