
Tern Eco
Tern is on a mission to help retailers of any size to participate in the circular economy through trade-in.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Grant | |
Total Funding | 000k |
Related Content
Tern.eco operates in the circular economy sector, providing comprehensive solutions for retailers to extend the lifecycle of their products. The company partners with service providers to offer renewal services such as ozone cleaning and tech repair, which increase the value of products. Tern.eco also facilitates recycling and donation options for items that cannot be resold, ensuring that they are either recycled or donated appropriately. The business model includes an out-of-the-box integration with Shippo, enabling retailers to access reverse logistics efficiently and cost-effectively, with the option to use existing courier contracts. Tern.eco's services are designed to help retailers build brand-owned circular programs that align with sustainability goals and business objectives. By focusing on resale fulfillment and refurbishment, Tern.eco supports retailers in meeting their sustainability targets while enhancing product value. The company primarily serves retailers looking to implement or improve their circular economy initiatives, operating in a market that values sustainability and resource efficiency. Tern.eco generates revenue by providing these specialized services and solutions to its retail clients.
Keywords: circular economy, renewal services, recycling, resale, refurbishment, logistics, sustainability, retailers, product lifecycle, reverse logistics.