Fresh capital for toern: The Hamburg-based startup has secured 1 million euros in seed funding and is continuing to develop its e-commerce returns platform. The goal: to streamline processes, operate more sustainably, and help retailers reduce losses and generate more revenue from returns.
The new capital will primarily be used to further develop the platform, expand sales in German-speaking countries, and strengthen the company’s presence in the Shopify ecosystem. toern is backed by experienced business angels and investors from the fashion and e-commerce sectors, who see great potential in a smarter approach to returns.
During its early stages, toern was supported by the startup incubator Port@FH Wedel (Startupbridge)—a great example of how regional support can lead to compelling growth stories.
For more information on this success, see the article on Startup City Hamburg.