Route
PrivateLast Round
Series C
Jun 25, 2024
Est. Valuation
$1.4B
Total Funding Raised
$287M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Route operates in Consumer & Commerce and is based in Lehi, Utah. Its latest recorded funding round was a Series C round in June 2024.
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
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Route Comparables
Compare Route with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Redo | 88% | |
| Extend | 83% | |
| OrderProtection.com | 83% |
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Route Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Jun 25, 2024 | ||||
| Series B | Jan 25, 2022 | ||||
| Series A | Feb 1, 2020 | ||||
| Seed | Nov 21, 2019 |
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Route Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Hit Forge | Series A |
| SciFi Ventures | Series A |
| JAWS Ventures | Series C |
| Album VC | Seed |
| DuContra Ventures | Series A |
| Granger Management | Series C |
| Hanaco VC | Series C |
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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.
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Recent news
Latest coverage and updates
- has_issues_withSep 1, 2026
A New York class action filed on Jun 3rd '26 alleges that Route's checkout software adds “shipping protection” or “package protection” fees without clear consumer opt-in, potentially causing shoppers to pay more than planned; the court has not determined whether the company violates the law.
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Route Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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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, so its shares have no public market price. Caplight tracks Route's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
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.
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 Album VC, Hanaco VC, Craft Ventures.
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 in Route's shares on secondary markets.