Executive team grows on the heels of $3M seed funding round led by Serena Ventures and Aperture Ventures
ATLANTA, May 17, 2022 /PRNewswire-PRWeb/ -- Calm Mattier has been named Chief Technology Officer of Lillii RNB, a retail fraud detection, prevention and data services firm headquartered in Atlanta, Ga.
With a background in website and application development and software engineering, Mattier will oversee the addition of new technology for Lillii RNB, including its proprietary Returns Management and Total Retail Loss platform, Freeing ReturnsTM. The platform assists retailers in optimizing their returns processes and identifying fraud and loss that is hidden in their own data. Lillii RNB's mission is to greatly reduce the over $400B in retail loss that retailers experience each year.
"Calm has been working with our team since the beginning and has a background in the startup world," said Lillii RNB Founder and CEO Barbara Jones-Brown. "We're proud to now have her at the helm of our technology as we continue to evolve and innovate."
Since its launch in 2020, Lillii RNB's cloud-based solution has helped identify and prevent losses for in-store and online retail channels across numerous sectors, including grocery, clothing, sporting goods and electronics. The company recently closed its $3 million seed funding round led by Serena Ventures (Serena Williams' venture capital firm) and Aperture Ventures. With the closing of this round, ninety percent of Lillii RNB's earliest backers are managers of Black-led funds.
"As Chief Technology Officer, I get to wear many hats, from helping our team build out our Freeing ReturnsTM platform to budgeting and hiring," said Mattier. "In every area, the culture of Lillii RNB is apparent: be better, united, inclusive, loyal and daring. Living those values is driving our growth and empowering us to build an incredibly useful and enlightening SaaS platform for retailers to solve their patterns of loss."
Mattier has previously served as Point of Sale Architect of Lillii RNB and was on one of the original members of the ATDC/Worldpay Hackathon where the idea for Freeing Returns™ was born.
About Lillii RNB
Lillii RNB, Inc. ("Let's Imagine Life with Ladies In IT") is a retail fraud detection, prevention, and data services firm based in Atlanta, GA. Its proprietary solution, Freeing ReturnsTM, optimizes the returns process for retailers, utilizes machine learning and artificial intelligence to spot organized retail crime, and helps loss prevention teams respond quickly. Lillii RNB's mission is to dramatically reduce the over $400B annual loss experienced by retailers due to returns, fraud, hackers, and bad actors.
For more information, follow us @LillliiRNBInc and visit http://www.lilliirnb.com. To learn more about the Freeing ReturnsTM platform, follow us @freeingreturns and visit http://www.freeingreturns.com
Barbara L Jones, Lillii RNB Inc, 1 5127711453, [email protected]
SOURCE Lillii RNB Inc