koorvi

About koorvi

Koorvi provides a circular process automation platform that integrates with existing retail systems to facilitate product take-back, refurbishment, and recycling. This solution enables brands to manage their product lifecycle effectively, reduce waste, and generate new revenue streams while ensuring compliance with sustainability regulations.

```xml <problem> Many brands and retailers struggle to efficiently manage product returns and end-of-life inventory, leading to wasted resources and missed revenue opportunities. Existing systems often lack the integration and automation needed to effectively handle product take-back, refurbishment, and recycling at scale. This results in increased waste, higher costs, and difficulty in complying with evolving sustainability regulations. </problem> <solution> Koorvi offers a circular process automation platform that integrates with existing retail and e-commerce systems to streamline product lifecycle management. The platform facilitates product take-back programs by providing a white-label portal that can be integrated into existing shop systems. Koorvi's smart distribution logic routes returned products to the optimal refurbishment or recycling partners, maximizing resale value and minimizing waste. The platform also provides comprehensive analytics and reporting tools to track program performance, optimize circular supply chains, and ensure compliance with sustainability regulations. </solution> <features> - White-label take-back portal integrates with existing shop systems via API for a seamless customer experience - Automated shipping label generation, offline drop-off management, and customer communication - Smart distribution logic to route products to refurbishment and recycling partners based on product condition and market demand - Partner matching capabilities to connect businesses with a network of refurbishment and recycling specialists - Product processing tools for partners to report on the status, costs, and handling time of returned products - Analytics dashboard with detailed reports and data visualizations to identify trends and areas for improvement - Sustainability reporting tools to generate comprehensive business and sustainability reports in CSV format, ensuring compliance with ESRS and other regulations - Accounting and invoicing tools to streamline financial processes related to product take-back and resale </features> <target_audience> Koorvi targets brands, retailers, and e-commerce businesses looking to implement or optimize product take-back programs, reduce waste, generate new revenue streams from refurbished products, and comply with extended producer responsibility (EPR) regulations. </target_audience> ```

What does koorvi do?

Koorvi provides a circular process automation platform that integrates with existing retail systems to facilitate product take-back, refurbishment, and recycling. This solution enables brands to manage their product lifecycle effectively, reduce waste, and generate new revenue streams while ensuring compliance with sustainability regulations.

Where is koorvi located?

koorvi is based in Munich, Germany.

When was koorvi founded?

koorvi was founded in 2023.

How much funding has koorvi raised?

koorvi has raised 30000.

Who founded koorvi?

koorvi was founded by Andrea Schneller.

  • Andrea Schneller - Co-Founder
Location
Munich, Germany
Founded
2023
Funding
30000
Employees
5 employees
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koorvi

Score: 63/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Koorvi provides a circular process automation platform that integrates with existing retail systems to facilitate product take-back, refurbishment, and recycling. This solution enables brands to manage their product lifecycle effectively, reduce waste, and generate new revenue streams while ensuring compliance with sustainability regulations.

koorvi.com1K+
Founded 2023Munich, Germany

Funding

$

Estimated Funding

$30K+

Team (5+)

Andrea Schneller

Co-Founder

Company Description

Problem

Many brands and retailers struggle to efficiently manage product returns and end-of-life inventory, leading to wasted resources and missed revenue opportunities. Existing systems often lack the integration and automation needed to effectively handle product take-back, refurbishment, and recycling at scale. This results in increased waste, higher costs, and difficulty in complying with evolving sustainability regulations.

Solution

Koorvi offers a circular process automation platform that integrates with existing retail and e-commerce systems to streamline product lifecycle management. The platform facilitates product take-back programs by providing a white-label portal that can be integrated into existing shop systems. Koorvi's smart distribution logic routes returned products to the optimal refurbishment or recycling partners, maximizing resale value and minimizing waste. The platform also provides comprehensive analytics and reporting tools to track program performance, optimize circular supply chains, and ensure compliance with sustainability regulations.

Features

White-label take-back portal integrates with existing shop systems via API for a seamless customer experience

Automated shipping label generation, offline drop-off management, and customer communication

Smart distribution logic to route products to refurbishment and recycling partners based on product condition and market demand

Partner matching capabilities to connect businesses with a network of refurbishment and recycling specialists

Product processing tools for partners to report on the status, costs, and handling time of returned products

Analytics dashboard with detailed reports and data visualizations to identify trends and areas for improvement

Sustainability reporting tools to generate comprehensive business and sustainability reports in CSV format, ensuring compliance with ESRS and other regulations

Accounting and invoicing tools to streamline financial processes related to product take-back and resale

Target Audience

Koorvi targets brands, retailers, and e-commerce businesses looking to implement or optimize product take-back programs, reduce waste, generate new revenue streams from refurbished products, and comply with extended producer responsibility (EPR) regulations.