Freeing Returns
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Freeing Returns - overview
Established
2013
Location
Atlanta, GA, US
Primary Industry
Business Support Services
About
Based in Georgia, US, and founded in 2013 by Barbara Jones, Freeing Returns formerly known as Lillii RNB Inc. operates as a service provider company that specializes in retail technology solutions including POS, Data Analytics, Fraud prevention, and IT staffing. In March 2022, Lillii RNB Inc. raised USD 3.
66 million in seed funding co-led by Serena Ventures and Aperture Venture Capital, with participation from Morgan Stanley Investment Management, Pax Momentum, 1863 Ventures, and Bronze Valley. Lillii RNB Inc. is a creator of a cloud-based management platform that has created a system that detects and prevents fraudulent returns at the point of return. The company specialized in custom software development, IT staffing, and staff augmentation, as well as knowledge of advanced technologies like robotics, AI/ML, data science, cloud computing, fraud prevention, blockchain, and retail technology for point-of-sale operations.
Current Investors
Morgan Stanley Investment Management, Serena Ventures, New Majority Ventures
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Analytics & Performance Software
Website
www.lilliirnb.com
Verticals
Artificial Intelligence, Blockchain, Cloud Computing, Mobile Apps, Robotics
Company Stage
Angel & Seed
Total Amount Raised
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