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.

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To invest in Route pre-IPO

Can you invest in Route pre-IPO?

Route is a privately held company and is not publicly traded, therefore investing in Route pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Route before it goes public?

You can seek to sell your shares in Route 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.

What is the pre-IPO value of my Route shares?

To determine the value of your Route shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Route shares. You can also learn more about how to sell your private shares before getting started.

Is Route a publicly traded company?

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.

To learn more about Route potential IPO

Will Route go IPO?

Route 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 mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Route’s IPO price?

The Route IPO price does not exist at this time, as Route is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Route register for Forge Markets, today.

When was Route founded?

Route was founded in 2018.

What is Route funding to date?

Route has raised $969.54MM to date.

Who are Route’s major investors?

Madrona Venture Group
Craft Ventures
Sorenson Capital
Upfront Ventures
Eldridge
Hanaco Ventures
FJ Labs
Album VC
Banner Ventures
345 Partners
Riot Ventures
Summit Peak Investments
Jaws Ventures
Friends & Family Capital
Trich Ventures

Route Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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
Updated on: Dec 3, 2024

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