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.
Optoro is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Optoro has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
Optoro is privately held company and is not publicly traded, therefor investing in Optoro pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Optoro shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Optoro shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in Optoro while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
12/23/2021 | Series E |
$100MM raised | $XXX.XX | $XXX.XX |
12/20/2016 | Series D |
$57.14MM raised | $XXX.XX | $XXX.XX |
12/10/2014 | Series C |
$50.3MM raised | $XXX.XX | $XXX.XX |
11/25/2013 | Series B |
$25.5MM raised | $XXX.XX | $XXX.XX |
1/11/2013 | Series A-1 |
$7.41MM raised | $XXX.XX | $XXX.XX |
1/13/2012 | Series A |
$2.18MM raised | $XXX.XX | $XXX.XX |
1/2/2010 | Series Seed |
$187.35K raised | $XXX.XX | $XXX.XX |