Optoro

Returns don't have to suck 🔁

General Information
Company Name
Optoro
Founded Year
2010
Location (Offices)
Washington, United States +1
Founders / Decision Makers
Number of Employees
168
Industries
E-Commerce, Logistics, Retail +1
Funding Stage
Series E
Social Media

Optoro - Company Profile

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.

Taxonomy: SaaS company, Retail technology, Return Management System, Retail industry innovation, E-commerce solutions, AI/ML technology, Circular economy, Supply chain optimization, Retail logistics, Sustainability in retail, Branded returns portal, Express returns options, Retail technology partnerships, Award-winning company, Industry disruptor

Funding Rounds & Investors of Optoro (10)

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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

View All 10 Funding Rounds

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