Route Analysis: $240M Raised
What is Route?
Route offers post-purchase solutions, including shipping protection, package tracking, and issue resolution, enhancing customer experience and loyalty for online brands.
Employees
201-500
Founded
2018
Latest Funding Round Size
Series C
Public Company Status
Private
Recent Funding Round
Series C
Recent Venture Round Amount
$40,000,000
State of Headquarters
Utah
Product Features & Capabilities
- Shipping protection at checkout
- Real-time package tracking across multiple channels
- AI-powered product recommendations
- Carbon neutral shipping options
- Fast issue resolution for shipping problems.
Use Cases
Track all packages in one place; Resolve shipping issues quickly; Enhance customer loyalty through shipping protection; Provide real-time updates on order status; Recommend products during tracking interactions.
How much Route raised
Series C - $40 million
June 25, 2024Lead Investor: Hanaco VC, JAWS Ventures, Madrona Ventures, Granger
Series B - $200 million
January 25, 2022Lead Investor: Eldridge (Todd Boehly), Madrona Venture Group, Riot Ventures, and others
Address
1881 W Traverse Pkwy Ste E511 Lehi, UT, 84043-5986 United States
Other Considerations
Trusted by 13,000 leading brands; 97% customer satisfaction rate; Over 150 million orders protected.
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