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Route

Route

Private
Lehi, UtahConsumer & Commercehttps://www.route.com/

Last Round

Series C

Jun 25, 2024

Est. Valuation

$1.4B

Total Funding Raised

$534M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Route is a logistics technology company that provides a post-purchase platform for e-commerce, offering package protection, visual order tracking, and automated returns management.

Sector

Consumer & Commerce

Verticals

E-commerce, InsurTech, Customer Experience, Logistics Software, Supply Chain Tracking

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

package trackingshipping protectionreturn managementpost-purchase experiencee-commerce logisticsDTC softwareshipment visibilityautomated claimsorder trackinge-commerce returnsshipping insurancecustomer retentionSaaS platformB2B2Cinsurtech

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Route Comparables

Compare Route with similar companies based on industry and business-model similarity.

Route comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Redo
92%
Redo
89%
Narvar
86%

Route Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CJun 25, 2024
Series BJan 25, 2022
Series BJan 21, 2022
Series AMar 1, 2020
Series AFeb 1, 2020
Seed
Nov 21, 2019

Route Investors

Notable investors and investment history

Route investors
InvestorRounds
Hit ForgeSeries A
SciFi VenturesSeries A
JAWS VenturesSeries C
Album VCSeed
DuContra VenturesSeries A
Granger ManagementSeries C
Hanaco VCSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 13, 2026

    Disclosed $130M in revenue.

  • May 13, 2026

    Reached 15,000 merchants on the platform.

Recent news

Latest coverage and updates

  • has_issues_withSep 1, 2026

    Route had issues with broke state and federal consumer laws on Jun 3rd '26.

Route Filings

Explore SEC and related filing metadata, where available.

Route filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Route's valuation, stock price, and market status.

Is Route a public or private company?

Route is a private company.

What is the current stock price of Route?

Route is a private company with no public stock price. No recent secondary market data is available.

How much is Route worth (valuation)?

Route's valuation is estimated at $1.4B based on funding round data.

Can I buy Route stock?

Route shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Route's last funding round?

Route's most recent funding round was Series C on June 25, 2024.

Who are the main investors in Route?

Key investors in Route include Hanaco VC.

Will Route IPO soon?

No public IPO plans have been announced for Route.

How can I track Route secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Route's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLehi, Utah
Year Founded2018
Last FundingJun 25, 2024

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