G2 Reverse Logistics has closed a $9.6 million seed funding round led by Dell Technologies Capital. The funds will be used for sales and marketing investments to support the company's global growth strategies.
Founded in 2020, G2 Reverse Logistics provides an end-to-end reverse logistics platform for product returns.
“G2RL tackles the costly issue of return rates head-on; our innovation goes beyond just reverse logistics management,” CEO Tom Perry said in a statement. "We enable intelligent, data-driven and agile optimizationOur proprietary technology offers unmatched end-to-end net recovery in ways that challenge previous norms. G2RL enables seamless reverse logistics operations and unmatched profitability for customers.”
“Unlike other logistics providers in the market, G2RL stands out as the only end-to-end platform that eliminates human error, minimizes risk and helps make well-informed, cost-effective decisions," said Gregg Adkin, managing director at Dell Technologies Capital.