Optoro is a fast-growing SaaS company that is revolutionizing the retail industry with the slogan "Rethinking Returns." Founded in 2010, Optoro's mission is to make every return simple and efficient through great technology. The company's Return Management System (RMS) is a cloud-based platform that spans the entire returns lifecycle, offering a fully-brandable Returns Portal, Express Returns™ options, and Advanced Returns Processing & SmartDisposition using AI/ML. Optoro has garnered significant trust from top retailers and brands like Gap Inc., American Eagle Outfitters, Tuckernuck, Best Buy, and UPS Supply Chain, among others. The company boasts notable recognition, including CNBC’s Disruptor 50, EY’s Entrepreneur of the Year, and the World Economic Forum’s Circular Economy Award. The recent $25.00M Series E investment from Volta Circle, eBay, UPS Ventures, and Zebra Technologies at 14 December 2021 signifies investor confidence in Optoro's innovative approach to redefining retail returns.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | $25.00M | 4 | Zebra Technologies, UPS Ventures +1 | 14 Dec 2021 |
Venture Round | Unknown | 1 | 01 Jan 2021 | |
Corporate Round | Unknown | 1 | 05 Dec 2019 | |
Series E | $75.00M | 6 | UPS Ventures, Revolution Growth | 30 Jul 2018 |
Series D | $46.50M | 6 | United Parcel Service, Revolution Growth | 20 Dec 2016 |
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