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.
Location
Lehi, United States
Employees
201-500
Founded
2018
Industry
B2b Saas
Latest Funding Round Size
Series C
Parent Company Website
Public Company Status
Private
Recent Funding Round
Series C
Recent Venture Round Amount
$40,000,000
Use Clay
No
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.
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
Other Considerations
Trusted by 13,000 leading brands; 97% customer satisfaction rate; Over 150 million orders protected.
