Two Boxes Raises $5.3 Million in Funding

Two Boxes Raises $5.3 Million in Funding

Two Boxes, a Denver, Colorado-based returns management solution provider, has raised $5.3 million in an oversubscribed funding, bringing its total funding to $9.8 million.

The round was led by Peterson Ventures, with participation from Assembly Ventures and continued support from existing investors Vinyl, Range Ventures, and Matchstick Ventures.

Peterson Ventures is an early-stage venture capital firm focused on SaaS, digital commerce, and healthcare. They provide seed funding to entrepreneurs seeking a partner to navigate the challenges of rapid growth.

With the new funds, Two Boxes plans to expand its engineering team, enhance product features, and extend its market reach beyond North America.

Founded in 2022 by Kyle Bertin and Evan Stalter, Two Boxes is a technology company that offers a solution designed to streamline and optimize the returns process for brands and third-party logistics providers (3PLs). The company serves over 20 North American 3PLs, including Capacity, Flowspace, and GoBolt.

Funding Details

Company: Two Boxes, Inc.

Raised: $5.3M

Round: Unknown

Funding Date: September 2024

Lead Investor: Peterson Ventures

Additional Investors: Assembly Ventures, Vinyl, Range Ventures, Matchstick Ventures

Company Website: https://www.twoboxes.com/

Software Category: Returns Management