Premier Alternatives

Route

Logistics · Lehi, UT · Founded 2019 · Privately Held (backing)

Operator of a shipping platform intended to protect and track freight. Route is based in Lehi, UT and was founded in 2019. Its last known valuation is $1.4 billion. It has raised $321 million across 1 recorded round; the latest was a $233 million Series B in Mar 2022.

Last price · $/share
—
Implied valuation
$1.4B
Total raised
$321.4M
Last round
Early Stage VC (Series B)
Mar 2022

Route key facts

  • Operator of a shipping platform intended to protect and track freight.
  • Route’s last known valuation is $1.4B.
  • It has raised $321.4M across 1 recorded rounds; the latest was Early Stage VC (Series B) ($233.4M) in Mar 2022.
  • Notable investors include FJ Labs, Friends & Family Capital, Craft Ventures, 137 Ventures, Madrona Venture Group — 26 tracked in total.
  • Status: Privately Held (backing).
Free account
More of Route with a free account
  • ·The complete investor list: 26 names
  • ·Watch Route: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Route funding rounds

1 rounds
Mar 2022Early Stage VC (Series B)$233.4M▮
Full funding history →

Route valuation

Route's last known valuation is $1.4 billion. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Route raised?

Route has raised $321 million in total; 1 of its rounds is on record. The largest on record was a $233 million Series B in Mar 2022.

Route investors

26 investors are on record for Route, including FJ Labs, Friends & Family Capital, Craft Ventures and 137 Ventures. By type, the record holds 13 venture capital firms, 3 family offices and 1 growth equity firm. The Series B in Mar 2022 drew 12 investors.

Comparable companies

Comparable logistics names by valuation on PrivateMarketView: Motive ($2.9 billion), Loggi ($2 billion) and Shadowfax (NSE: SHADOWFAX) ($792 million).

About Route

Operator of a shipping platform intended to protect and track freight. The company's platform eliminates shipping pains and hurdles that increase brand loyalty by tracking all online purchases through a digital platform, enabling clients to safely deliver their packages by protecting them against loss, theft, or damage.

Industry
Logistics
Sector
Business Products and Services (B2B)
HQ
Lehi, UT, United States
Founded
2019
Employees
230
Website
route.com/
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.

Valuation on record
$1.4B

Route’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.