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ReBOUND
Technology • Midlands • Growth
Company
information
Investment date
Sept 2018 - May 2021
Head office
Telford
BGF & ReBOUND
ReBOUND’s technology, supply chain expertise, and data-led approach allows brands to understand what’s being sent back to them, why, and what to do with inbound items.
The company specialises in working with fashion brands to offset the environmental impact of packaging, shipping and processing returns, helping them calculate the most carbon-efficient routes, eliminate wasted transport miles, and recycle goods, wherever possible.
We first backed ReBOUND in 2018, helping to accelerate its growth, before successfully exiting our investment in 2021. The company was acquired by circular economy platform Reconomy Group.
During our partnership, ReBOUND’s annual sales increased by 130% and the business secured many of the UK’s most successful brands as customers. It was also ranked in the Sunday Times Fast Track leagues three times in this period, including as the 10th fastest-growing tech business in the UK in 2019.
“We’d already experienced fast growth when we first met BGF, but we had big ambitions to accelerate this, by working with more retailers to tackle the challenge of managing returns and help them recognise the value of their returns data. BGF brought the perfect combination of a long-term, investment approach and expertise of scaling up businesses like ours. The partnership has allowed us to position ReBOUND for our next phase of growth more quickly than we anticipated.”
Founder & CEO at ReBOUND
