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
What is Route worth?
$1.4Blast known valuation

Route last raised $233.4M in its Early Stage VC (Series B) (Mar 2022).

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Route funding history

1 rounds
DateRoundRaisedPost-money
Mar 2022Early Stage VC (Series B)$233.4M▮
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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.

Comparable companies

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

How Route's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Route, too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked about Route

What is Route worth?
Route's last known valuation is $1.4B.
How much has Route raised?
Route has raised $321.4M in total funding across 1 recorded rounds.
When did Route last raise?
Route last raised in Mar 2022 (Early Stage VC (Series B)), raising $233.4M.