LiquiDonate, a climate-tech company that helps retailers sustainably manage unsellable returns and excess inventory, has raised a $3.75 million seed round.
LiquiDonate has acquired cutting edge customers like Williams-Sonoma, Room & Board, Tuft and Needle, Liquid Death, Luxome, Baggu, and more, all who want to do right by the environment and their reverse logistics teams. Liquidonate has also launched subscription pricing and simplified the donation of pallets, boxes, and oversized items from the retailers warehouse or the customer’s home anywhere in the United States, making LiquiDonate an even bigger value add than before.
LiquiDonate has acquired cutting edge customers like Williams-Sonoma, Room & Board, Tuft and Needle, Liquid Death, Luxome, Baggu, and more, all who want to do right by the environment and their reverse logistics teams. Liquidonate has also launched subscription pricing and simplified the donation of pallets, boxes, and oversized items from the retailers warehouse or the customer’s home anywhere in the United States, making LiquiDonate an even bigger value add than before.
On average, LiquiDonate retailers and brands see a decrease in shipping cost of 60% and a reduction in distance traveled by 93% and a 100% elimination of handling and processing fees previously paid for unsellable inventory to just be tossed for landfill or incineration.
This latest round was led by Laconia Capital Group with participation from Uncork Capital, Kapor Capital, Ganas Ventures, Maccabee Ventures, Graham and Walker, The Bond Fund, Gaingels, and more.