Blubirch, a pioneering SaaS and AI-driven automation-focused platform specializing in reverse supply chain management, has successfully raised $6.37 million in a Series A funding round, with Cornerstone Ventures and Capital2B Fund taking the lead as significant investors. This recent infusion of capital brings Blubirch’s total fundraising efforts to an impressive $10.8 million.
In a recent press release, Blubirch announced its intentions to utilize the newly acquired capital to fuel its expansion, fostering a broader market presence across diverse retailer marketplaces and OEM ecosystems.
Co-founded by industry visionaries Sapan Jain, Jeby Cherian, and Amit Goel, Blubirch has emerged as a transformative force in supply chain management.
The platform offers invaluable support to a wide array of businesses, including retailers, e-commerce enterprises, brands, marketplaces, and OEMs, helping them unlock new revenue streams, increase profitability, and elevate the overall customer experience.
Blubirch’s comprehensive suite of solutions is tailored to empower stakeholders involved in reverse supply chain processes. Its capabilities range from early detection of invalid returns at the source to the seamless automation of return processes on a significant scale. These services cover a multitude of return types, encompassing customer returns, dealer returns, e-commerce returns, as well as warranty claims, trade-in exchange returns, lease returns, and internal returns.
Notably, Blubirch’s cutting-edge solutions have proven instrumental in aiding retailers and OEMs in automating their returns management procedures, thus substantially enhancing transparency and compliance. Furthermore, these innovations are helping companies achieve remarkable operating margin improvements, with gains of up to 300 basis points.
The Series A funding round represents a significant milestone in Blubirch’s journey, signalling strong investor confidence in its ability to revolutionize the reverse supply chain landscape. With the new capital injection, Blubirch is poised to solidify further its position as a trailblazer in SaaS and AI-driven automation for supply chain management.
As Blubirch continues to expand and refine its offerings, it is expected to play a pivotal role in enabling businesses to streamline their operations, reduce costs, and drive greater customer satisfaction in an increasingly competitive and dynamic market.
