Optoro was founded in 2010 by Adam Vitarello and Tobin Moore. When discussing the possibility of an IPO, CEO Moore said that the company "plans to keep investing in growth...If an IPO is the best way to do that at some point, we'll consider that for sure." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Optoro is a logistics company that helps businesses resell excess and returned merchandise. The company's flagship product, OptiTurn, allows warehouses to process and manage inventory. The company has appeared on Deloitte's annual Technology Fast 500 list five times. Optoro has raised $366 million in venture capital funding from investors including Franklin Templeton, Revolution Growth, Grotech Ventures, Generation Investment Management, and UPS Strategic Enterprise Fund. The company was last valued at $653 million.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/23/2021 | Series E | $100MM | $xx.xx | $67.1B | Franklin Templeton Investments, Generation Investment Management, Revolution, Tenfore Holdings, Ups, Volta Circle, Zebra Technologies | |
Price per Share
$xx.xx
Shares Outstanding
5,081,552
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Franklin Templeton Investments, Generation Investment Management, Revolution, Tenfore Holdings, Ups, Volta Circle, Zebra Technologies
|
||||||
12/20/2016 | Series D | $57.14MM | $xx.xx | $46.77B | Generation Investment Management, Kleiner Perkins Caufield & Byers, Maryland Venture Fund, Revolution, Swan & Legend Venture Partners, Tenfore Holdings, Triplepoint Capital, Ups | |
Price per Share
$xx.xx
Shares Outstanding
3,385,075
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Generation Investment Management, Kleiner Perkins Caufield & Byers, Maryland Venture Fund, Revolution, Swan & Legend Venture Partners, Tenfore Holdings, Triplepoint Capital, Ups
|
||||||
12/10/2014 | Series C | $50.3MM | $xx.xx | $34.37B | Generation Investment Management, Grotech Ventures, Kleiner Perkins Caufield & Byers, Revolution, Swan & Legend Venture Partners, Tenfore Holdings | |
Price per Share
$xx.xx
Shares Outstanding
3,469,416
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Generation Investment Management, Grotech Ventures, Kleiner Perkins Caufield & Byers, Revolution, Swan & Legend Venture Partners, Tenfore Holdings
|
||||||
11/25/2013 | Series B | $25.5MM | $xx.xx | $14.91B | Grotech Ventures, Legend Venture Partners, Maryland Venture Fund, Revolution, Swan | |
Price per Share
$xx.xx
Shares Outstanding
3,187,500
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
2
Key Investors
Grotech Ventures, Legend Venture Partners, Maryland Venture Fund, Revolution, Swan
|
||||||
01/11/2013 | Series A-1 | $7.41MM | $xx.xx | $4.24B | Grotech Ventures, Qed Investors, Sjf Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,270,977
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3
Key Investors
Grotech Ventures, Qed Investors, Sjf Ventures
|
||||||
01/13/2012 | Series A | $2.18MM | $xx.xx | $689.06MM | Qed Investors, Sjf Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,651,192
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3
Key Investors
Qed Investors, Sjf Ventures
|
||||||
01/02/2010 | Series Seed | $187,349.52 | $xx.xx | $62.45MM | Joseph Zawadzki, Maryland Department Of Commerce | |
Price per Share
$xx.xx
Shares Outstanding
275,514
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3
Key Investors
Joseph Zawadzki, Maryland Department Of Commerce
|