Route Stock

route.comIndustrial / LogisticsFounded: 2018Funding to Date: $969.54MM

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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Route Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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

Route Investors Also Invested in These Private Companies

Leadership & Board

Leadership

Michael Yamartino
Chief Operating Officer & Senior Vice President Product and Partnerships
Mike Moreno
Co-Founder & Vice President of Product/Operations
Evan Walker
Co-Founder & Chief Executive Officer
John Jensen
General Counsel
Amy Butler
Head of People Operations
Arteen Arabshahi
Senior Vice President, Strategy

Route stock FAQs

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Can you buy Route stock?

As Route is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Route, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Route stock?

To invest in a private company like Route through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Route stock?

Yes, you may sell the Route stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Route stock?

If you hold private company shares of Route – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Route on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Route a public company?

No, Route is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Route’s stock price?

Route is a privately held company and therefore does not have a public stock price. However, you may access Route private market stock price with Forge Data.
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What is Route’s stock ticker symbol?

Route does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Route News and Media Highlights

Exclusive: Route raises $40 million Series C at a $1.4 billion valuation

In a series C funding round led by Hanaco VC, Route raised $40 million.
Browse Insights
Updated on: Dec 21, 2024

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