Route

Package tracking and shipping solutions provider

Lehi, Utah, United States

About Route

Route simplifies online shopping by providing a package tracking solution for e-commerce. Its main product is an app that consolidates online orders, offering real-time shipping notifications and status updates from multiple retailers in one place. This makes it easier for users to track their purchases and enhances the shopping experience. Route differentiates itself from competitors by focusing on independent brands and unique products, appealing to consumers who want to discover new items. Additionally, Route generates revenue through its "1 Click Protect" feature, which offers package protection at checkout, and a carbon-neutral shipping option that supports reforestation projects. The company's goal is to create a hassle-free shopping experience by resolving shipping issues easily and providing insights into the brands users love.

Lehi, UtahHeadquarters
2019Year Founded
$280.7MTotal Funding
SERIES_CCompany Stage
Consumer Software, Social Impact, Consumer GoodsIndustries
201-500Employees

Risks

Increased competition from AI-driven solutions threatens Route's market share.
Integration with multiple platforms may lead to potential data privacy concerns.
Rapid expansion may strain Route's operational capabilities, risking service disruptions.

Differentiation

Route offers a unique app consolidating all online orders in one place.
The '1 Click Protect' feature provides seamless package protection at checkout.
Route's carbon-neutral shipping option appeals to eco-conscious consumers.

Upsides

Route raised $40M in Series C funding, boosting technological capabilities.
Partnerships with Klaviyo and Salesforce enhance Route's integration with ecommerce systems.
Route's collaboration with GreenPlaces aligns with growing demand for sustainable practices.

Funding

Total raised$280.66 M
Latest valuation$1.40 B
StageSERIES_C