Draper, Utah eCommerce firm Redo raises $81M Series B at $1.25B valuation; expands from returns tech to AI-powered customer platform serving 4,500+ brands

Draper, Utah-based Redo Raises $81 Million in a Series B Round of Funding at a $1.25 Billion Valuation

The Utah eCommerce-technology company started with returns. Now it is raising growth capital to build a broader AI-powered platform for brands trying to own more of the customer relationship.25 June 2026 - DRAPER, Utah - Another Utah technology company has crossed into mythical "unicorn" status, a stage where a private company is valued at $1 billion or higher. And in this case, I believe this is a firm definitely worth watching closely.Redo, a Draper, Utah-based eCommerce-technology company, ha...