CLP has assisted Viking Growth with its investment in Inretrn

CLP has assisted Viking Growth with its investment in Inretrn, a Swedish SaaS company that helps retailers manage complex returns processes.

The e-commerce market across the Nordics and Europe continues to expand rapidly, exceeding USD 530 billion. However, returns remain a growing and often overlooked cost. Nearly 1 in 5 online orders is returned, and retailers spend an estimated 17% of their revenue handling them. In the U.S. alone, returns generate 24 million tonnes of CO2 annually, roughly half of Norway's total emissions.

Inretrn's platform provides an end-to-end solution for returns, exchanges, and repairs, overseeing the entire process from the initial request through to refund and resale readiness.

Martin S. Eriksen, Investment Director at Viking Growth, says in the press release: "Returns handling is one of the most expensive challenges in e-commerce. Inretrn stands out through its depth of functionality, expertise, and a strong customer base that validates its ability to address a real market need."

CLP's team for this transaction included Alexander Sandberg Lund, Jeanette Brokerud, and Hanna Kristine Tendal.

Read more about the investment here.