Returnity (Accelerator)

Company Description: Launched in 2017, Returnity replaces single-use shipping and delivery packaging by designing, manufacturing and implementing reusable packaging and circular logistics systems. Customers include Walmart, Estée Lauder, Rent the Runway, New Balance and others. Returnity understands that reusables can only be an operational, economic and environmental win if brands have an effective reuse system to support them. We help retailers identify where in their operation reusables can achieve a 95%+ return rate, how to integrate return shipping models to make them competitive on a unit-economic level - and design and manufacture the exact package for their needs. That aggressive focus on validated, reality-based reusable packaging systems is now being used for over 500,000 shipments and deliveries a month, and will exceed 2 million a month by Q3 2022.