Optoro
Latest round
- Series E
Last raised
- Jul 2018
Total raised
- $185M
Investors
- 12
About Optoro
Founded in 2010 by Adam Vitarello and Tobin Moore, Optoro, Inc. is headquartered in Washington, US. The company focuses on optimizing the reverse logistics process through its Returns Management System. at 675 million post-money. Optoro’s core offering is its Returns Management System (RMS), a cloud-based software solution designed for retailers and third-party logistics providers. The RMS, powered by the SmartDisposition® data engine, streamlines the returns process, enhances customer experiences, and improves inventory recovery. Target sectors include fashion, footwear, and maternity retail, with implementations across North America and select regions in Europe, addressing diverse client needs in returns management., a portfolio company of Panasonic Holdings Corporation, acquired Optoro, Inc. from Ikea Group, UPS Ventures, Franklin Templeton, Tenfore Holdings, United Parcel Service, TriplePoint Capital, Square 1 Bank, Generation Investment Management, Kleiner Perkins, SWaN & Legend, Revolution Ventures, Grotech Ventures, SJF Ventures, and Maryland Department of Business and Economic Development. Optoro generates revenue through a subscription-based model for its Returns Management System, where clients enter service agreements that include integration support and software updates. The pricing structure varies based on client needs, including tiered subscription plans. This model promotes long-term partnerships by enabling clients to reduce processing costs and improve financial recovery rates from returned merchandise, alongside offering analytics and reporting tools for enhanced operational efficiency.
Who invested in Optoro
12 investors across 7 rounds
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Funding rounds
Series E
Jul 23, 2018
Amount
$75M
Investors
Series D
Dec 19, 2016
Amount
$30M
Investors
Series C
Nov 25, 2014
Amount
$50M
Investors
Series B
Nov 25, 2013
Amount
Undisclosed
Investors
Series B
Jun 28, 2013
Amount
$24M
Investors
Series A
Dec 20, 2012
Amount
$5.4M
Investors
Series A
Nov 3, 2010
Amount
$1.4M
Investors
Questions about Optoro
Who invested in Optoro?
Optoro has 12 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Optoro raised?
Optoro has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Optoro last raise money?
Optoro's most recent round on record is a Series E, in Jul 2018.
What does Optoro do?
Founded in 2010 by Adam Vitarello and Tobin Moore, Optoro, Inc.
Where is Optoro headquartered?
Optoro is headquartered in Washington, US.
Which VCs invest in companies like Optoro?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Optoro's stage. Their profiles are linked below.
VCs backing software startups at Series E
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