Happy Returns Raises $4M In Funding

Santa Monica-based startup Happy Returns has raised $4M in a Series A funding, to provide an in-person service to accept returns for online retailers. The funding was led by Upfront Ventures, and also included Lowercase Capital and Maveron. Happy Returns says it already has 40 locations accepting returns for such online retailers as Tradesy, Shoes of Prey, Everlane, and others. As part of the funding, Upfront's Greg Bettinelli joins the company's board of directors, as does Brian Spaly, an angel investor in the company and the co-founder of Bonobos and Trunk Club. Happy Returns was founded by David Sobie (JustFab, HauteLook) and Mark Geller (HauteLook, Google, United Online). More information »