OptimoRoute Overview
- Year Founded
-
2012
- Status
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Private
- Employees
-
59
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$2M
- Investors
-
8
OptimoRoute General Information
Description
Developer of a mobile workforce optimization technology designed for route and schedule optimization. The company's technology helps in automated planning, real-time order tracking, and workload balancing, and offers concise reports automatically generated from route data, enabling businesses to increase performance by real-time route modification.
Contact Information
Website
www.optimoroute.comCorporate Office
- 228 Hamilton Avenue
- Floor 3
- Palo Alto, CA 94301
- United States
Corporate Office
- 228 Hamilton Avenue
- Floor 3
- Palo Alto, CA 94301
- United States
OptimoRoute Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 24-Mar-2022 | $2M | Completed | Generating Revenue | ||
| 3. Later Stage VC (Series A) | 29-Dec-2019 | Completed | Generating Revenue | |||
| 2. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 1. Seed Round | 01-Jul-2016 | Completed | Generating Revenue |
OptimoRoute Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Series A | 4,345,674 | $0.000010 | $0.12 | $1.5 | $1.5 | 1x | $1.5 | 28.02% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
OptimoRoute Comparisons
Industry
Financing
Details
OptimoRoute Competitors (19)
One of OptimoRoute’s 19 competitors is Route4Me, a Venture Capital-Backed company based in Tampa, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Route4Me | Venture Capital-Backed | Tampa, FL | ||||
| Routific | Venture Capital-Backed | Vancouver, Canada | ||||
| LogiNext | Venture Capital-Backed | Jersey City, NJ | ||||
| Badger Maps | Accelerator/Incubator Backed | San Francisco, CA | ||||
| Institute of Information Technology | Corporate Backed or Acquired | The Woodlands, TX |
OptimoRoute Signals
OptimoRoute Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Burst Capital | Venture Capital | Minority | ||
| Congruent Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Olima Ventures | Venture Capital | Minority | ||
| Prelude Ventures | Venture Capital | Minority |
OptimoRoute FAQs
-
When was OptimoRoute founded?
OptimoRoute was founded in 2012.
-
Where is OptimoRoute headquartered?
OptimoRoute is headquartered in Palo Alto, CA.
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What is the size of OptimoRoute?
OptimoRoute has 59 total employees.
-
What industry is OptimoRoute in?
OptimoRoute’s primary industry is Business/Productivity Software.
-
Is OptimoRoute a private or public company?
OptimoRoute is a Private company.
-
What is OptimoRoute’s current revenue?
The current revenue for OptimoRoute is .
-
How much funding has OptimoRoute raised over time?
OptimoRoute has raised $10.2M.
-
Who are OptimoRoute’s investors?
Burst Capital, Congruent Ventures, , Olima Ventures, and Prelude Ventures are 5 of 8 investors who have invested in OptimoRoute.
-
Who are OptimoRoute’s competitors?
Route4Me, Routific, LogiNext, Badger Maps, and Institute of Information Technology are some of the 19 competitors of OptimoRoute.
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