Route is a company that aims to improve post-purchase experiences for e-commerce brands and their customers. The company offers a technology platform that is designed to track and protect shipments and address common shipping challenges. Route was founded in 2019 and is headquartered in Lehi, UT. Additionally, the Route platform offers carbon-neutral shipping options and personalized product recommendations intended to increase customer engagement and promote environmental sustainability.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/25/2024 | Series C3 | $510,374.83 | $xx.xx | $1.4B | Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures | |
Price per Share
$xx.xx
Shares Outstanding
500,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures
|
||||||
06/25/2024 | Series C2 | $4.87MM | $xx.xx | $1.4B | Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,815,199
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures
|
||||||
06/25/2024 | Series C | $13.45MM | $xx.xx | $1.4B | Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,038,611
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures
|
||||||
06/25/2024 | Series C1 | $9.84MM | $xx.xx | $1.4B | Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,421,260
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures
|
||||||
06/25/2024 | Series C4 | $11.33MM | $xx.xx | $1.4B | Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,088,940
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Granger, Hanaco Vc. Jaws Ventures, Madrona Ventures
|
||||||
01/21/2022 | Series B3 | $1.27MM | $xx.xx | $1.25B | Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures | |
Price per Share
$xx.xx
Shares Outstanding
559,770
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures
|
||||||
01/21/2022 | Series B2 | $34.81MM | $xx.xx | $1.25B | Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,227,420
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures
|
||||||
01/21/2022 | Series B4 | $27.6MM | $xx.xx | $1.25B | Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,555,510
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures
|
||||||
01/21/2022 | Series B1 | $169.77MM | $xx.xx | $1.25B | Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures | |
Price per Share
$xx.xx
Shares Outstanding
34,172,810
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Eldridge, Fj Labs, Jaws Capital, Madrona Venture Group, Riot Ventures
|
||||||
12/14/2020 | Series A1 | $35.45MM | $xx.xx | $175.28MM | Craft | |
Price per Share
$xx.xx
Shares Outstanding
41,272,200
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Craft
|
||||||
12/21/2019 | Series A3 | $2.44MM | $xx.xx | $79.23MM | Album Vc, Pattern | |
Price per Share
$xx.xx
Shares Outstanding
8,786,370
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Album Vc, Pattern
|
||||||
12/21/2019 | Series A2 | $7.22MM | $xx.xx | $79.23MM | Album Vc, Pattern | |
Price per Share
$xx.xx
Shares Outstanding
10,503,500
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Album Vc, Pattern
|
||||||
02/25/2019 | Series Seed 1 | $229,837.64 | $xx.xx | $6.51MM | Peak Ventures Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,247,600
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Peak Ventures Capital
|
||||||
02/25/2019 | Series Seed 2 | $1.3MM | $xx.xx | $6.51MM | Peak Ventures Capital | |
Price per Share
$xx.xx
Shares Outstanding
16,817,600
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Peak Ventures Capital
|