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Optoro Stock
Retail Return Software
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, Magic Leap, Stripe, DoorDash, Bloom Energy, Slack, Brex
QED Investors
SoFi, Avant, Nubank, Roofstock, Remitly, MediaMath, Optoro, Signifyd, GreenSky, Prosper Marketplace
Revolution
Scopely, Tempus, Aura, 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
dlvr - Dec, 22 2021
Globe Newsire - Apr, 15 2021
nanalyze - Apr, 4 2021
Financial Times - Jan, 1 2021
Pymnts - Dec, 28 2020
zcu - Nov, 23 2020
SmartBrief - Nov, 20 2020
Global Newswire - Oct, 8 2020
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