Optoro Stock
Retail Return Software
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About Optoro Stock
Optoro is a technology company that aims to connect online returns experience with efficient supply chain processing and resale. The company aims to provide an online portal that seeks to improve customer returns with technology that streamlines processing by routing inventory to its next best home. The company has return partnerships with a number of retailers including IKEA and Staples.
Optoro was founded in 2010 and is headquartered in Washington, DC. Notable investors in Optoro include IKEA, Franklin Templeton Investments, UPS, and Kleiner Perkins.
Investors
Franklin Templeton Investments
Lacework, Snyk, SpotOn, Workrise, Checkr, Gong.io, 6sense, Sweetgreen, Talkdesk, Lime
Generation Investment Management
DocuSign, Convoy, Nature's Fynd, Proterra, Pivot Bio, Remitly, Optoro, Guideline, Andela, Asana
Grotech Ventures
LivingSocial, Optoro, Clarabridge, LogRhythm, TaskEasy, Inc., Ziptronix
IKEA
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Stripe, Magic Leap, DoorDash, Bloom Energy, Slack, Brex
QED Investors
SoFi, Avant, Nubank, Roofstock, Remitly, MediaMath, Optoro, Signifyd, GreenSky, Prosper Marketplace
Revolution
Scopely, Tempus, Aura Financial Corporation, Sweetgreen, StockX, Tala, Optoro, DraftKings, BigCommerce, Uptake Technologies
SJF Ventures
Square 1 Bank
AvidXchange, Optoro, ScienceLogic, Skillz, ShopKeep, DialogTech
SWaN & Legend Venture Partners
United Parcel Service (UPS)
Funding History
| October 2010 | $187K |
|---|---|
| October 2010 | $2.2M |
| December 2012 | $7.4M |
| June 2013 | $25.5M |
| November 2014 | $50.3M |
| December 2016 | $57.1M |
| July 2018 | $219M |
Management
Chief Executive Officer
Tobin Moore
Interim Chief Financial Officer
Cynthia Russo
Press
bizjournals - Jan, 18 2022
Returns-processor Optoro is raising tens of millions of dollars, with plans to go after smaller retailersdlvr - Dec, 22 2021
Zebra Technologies Invests in Returns Tech Company OptoroGlobe Newsire - Apr, 15 2021
Optoro Welcomes Two Seasoned Industry Leaders to Its Board of Directorsnanalyze - Apr, 4 2021
Reverse Logistics Company Uses AI to Find Value in RetailFinancial Times - Jan, 1 2021
Customer returns hit retailer profits but boost shipping companiesPymnts - Dec, 28 2020
Return Season Hits Hard; Some Retailers See Bright Side Of Customer Experiencezcu - Nov, 23 2020
eBay and Optoro Partner for ResellersSmartBrief - Nov, 20 2020
Reinventing Retail - The View from OptoroGlobal Newswire - Oct, 8 2020
Optoro Announces Nationwide Contactless Returns Network Featuring New Partnership with Staples US RetailEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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