Gartner: Companies who choose AI over new hires will pay penalty
Gartner: Companies who choose AI over new hires will pay penalty
Publish Date: 2026-05-05 16:41:00
Source Domain: www.dcvelocity.com
- Denver startup Two Boxes secures $3.2 million in funding for its AI-powered returns processing technology.
- The capital will allow Two Boxes to advance its product roadmap and expand into enterprise segments beyond North America, specifically targeting 3PLs and retailers.
- The firm aims to accelerate its AI-powered returns intelligence in retail, DTC, and B2B sectors.
- Two Boxes’ technology offers intelligent automation with image classification, anomaly detection, and fraud identification.
- The investment was led by Assembly Ventures and included participation from Peterson Ventures and Matchstick Ventures, bringing the total funding to $13 million.
- The new funding will enable Two Boxes to enhance its value by providing intelligence to associates worldwide for better, faster decisions on returns with reduced fraud.
- A notable user of Two Boxes’ technology is Radial, a third-party logistics provider that integrates the firm’s solution to improve operational efficiency and inventory restocking speed.
- Radial has noted that Two Boxes’ technology helps reduce waste and retain revenue for the brands they serve by improving the returns management process.
