Thursday, December 5, 2024
HomeFunding UT-based Route Raises $40M Series C Funding

[Funding News] UT-based Route Raises $40M Series C Funding

Route, on a mission to connect the world’s commerce has secured $40M Series C Funding to the business to help us achieve that mission. This is a huge vote of confidence from investors in vision, product, and most importantly in our team. Its investors see what we see: ecommerce is transforming faster than ever, and Route is well poised to help brands win. By building premium post-purchase experiences that create trust, loyalty, and customer love, Route is on a path to being an essential part of every great brand’s ecommerce stack.

Route, on a mission to connect the world’s commerce has secured $40M Series C Funding to the business to help us achieve that mission. This is a huge vote of confidence from investors in vision, product, and most importantly in our team. Its investors see what we see: ecommerce is transforming faster than ever, and Route is well poised to help brands win. By building premium post-purchase experiences that create trust, loyalty, and customer love, Route is on a path to being an essential part of every great brand’s ecommerce stack.

Read also – [Funding News] Bright Machines Raises $126M Series C Funding to Propel Manufacturing Into Software-Defined Era

Route seamlessly integrates with leading ecommerce platforms, including Shopify, Salesforce Commerce Cloud, Magento, BigCommerce, and WooCommerce, and also provides custom API integrations for enterprise merchants.

Read also – [Funding News] Norm Ai Raises $27 Mn Series A Funding to Expand AI-Driven Regulatory Compliance Platform

Since then, we’ve protected over $15B in merchandise for customers, saved brands over $100M in refunds and reorders, and tracked hundreds of millions of packages. We’re only able to do this thanks to brands who trust us with their most precious resource – their customers.

The investors who funded our Series C had a front-row seat to this mission. Hanaco VC, who led this round, along with JAWS Ventures, Madrona Ventures, and Granger, have all been long-time Route investors. Their continued confidence in our product, team, and mission has allowed us to march steadfastly forward on our path to profitability.

Company is the leader in the post-purchase experience. From delivery to re-discovery, Route protects brands and their customers with licensed shipping insurance, fast issue resolution, package tracking, carbon-neutral shipping, and remarketing.

About Route

Route was founded in 2019 from a vision to provide exceptional experiences to shoppers. founder, Evan Walker, recognized the need for something better: a way to protect packages on their journey that would give confidence to the brands and their customers. Evan and Mike Moreno co-founded Route and built one of the fastest-growing companies in history. None of this would be possible without that creative spark and the incredible effort it takes to build a company from the ground up.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular