Reveni secured €800k from angel investors.

Reveni, a Madrid, Spain-based software startup building a return management system, announced completing a €800k ($900k) capital funding round.

The money was raised locally from investors from Spain including angels Fernando Cabello (founder of Aplázame and Devengo), Rafael del Valle, José Antonio Barrionuevo (Iberia) and VC company JME Ventures.

Reveni, founded in 2022 by Gonzalo Martín, CEO Fernando Pedraz and Pablo Molinero, developed a return management service for ecommerce and retail operators. The solution is in use by local retailers including Laagam, Pompeii or Bimani.