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Optoro Revenue and Competitors

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Location

$269.4M

Total Funding

eCommerceTech

Industry

Estimated Revenue & Valuation

  • Optoro's estimated annual revenue is currently $29.6M per year.(i)
  • Optoro's estimated revenue per employee is $150,500
  • Optoro's total funding is $269.4M.

Employee Data

  • Optoro has 197 Employees.(i)
  • Optoro grew their employee count by -1% last year.

Optoro's People

NameTitleEmail/Phone
1
Controller & VP, AccountingReveal Email/Phone
2
CEOReveal Email/Phone
3
SVP OperationsReveal Email/Phone
4
VP, Engineering Quality & OperationsReveal Email/Phone
5
VP, Client SuccessReveal Email/Phone
6
SVP, Client DevelopmentReveal Email/Phone
7
VP, Professional ServicesReveal Email/Phone
8
VP Product ManagementReveal Email/Phone
9
SVP, Design and MarketingReveal Email/Phone
10
VP FinanceReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$18.1M57N/AN/AN/A
#2
$108.6M611-12%$154.7MN/A
#3
$16M110N/AN/AN/A
#4
$103.5M571N/AN/AN/A
#5
$65.4M361N/AN/AN/A
#6
$0.5M7N/AN/AN/A
#7
$182.5M899N/AN/AN/A
#8
$1.4M16N/AN/AN/A
#9
$0.3M4N/AN/AN/A
#10
$191M9541%$233.9MN/A
#11
$2.8M0N/A$25.8MN/A
#12
$0.6M8N/AN/AN/A
#13
$0.5M7N/AN/AN/A
#14
$2.7M27N/AN/AN/A
#15
$4.1M356%N/AN/A
#16
$23.5M1511%$250KN/A
#17
$3.4M30N/AN/AN/A
#18
$5.7M49N/AN/AN/A
#19
$6M37N/AN/AN/A
#20
$20.3M74N/AN/AN/A
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What Is Optoro?

Optoro is using innovative technology to solve a large, and growing, global problem. Every year, over 15% of inventory is returned or deemed excess, costing retailers $500 billion nationwide. Optoro?s software platform helps retailers optimize the management of returned and excess inventory in a more efficient and cost-effective way, maximizing recovery value, enabling consumers to get great deals, and reducing environmental waste. Working with some of the largest retailers in the US, Optoro?s software platform has enabled its clients to maximize recovery costs by 50 - 200%. Founded in 2010, Optoro has been named one of the fastest growing companies in the US. Optoro has also received many awards and accolades, including CNBC?s Disruptor 50, EY?s Entrepreneur of the Year and the World Economic Forum?s Circular Economy Award, Most recently, Optoro was named a "Top Workplace"? in DC by The Washington Post.

keywords:saas

$269.4M

Total Funding

197

Number of Employees

$29.6M

Revenue (est)

-1%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Optoro News

2022-04-06 - How Amazon plans to fix its massive returns problem

... complicated reverse journey and up to 5.8 billion pounds of landfill waste each year, according to returns solution provider Optoro.

2019-12-04 - D.C. Startup Optoro Lands IKEA Investment and Partnership

Need to return something to IKEA? A D.C.-based startup's technology will soon be there to make it a swifter and less wasteful transaction. IKEA, the Swedish furniture giant, announced Wednesday that it is partnering with Optoro, a D.C. startup that makes software to streamline returns. And IKEA ...

2018-07-31 - Optoro Raises $75M, Plans Hiring

D.C.–based Optoro announced the close of a $75 million funding round this week, as it looks to further expand use of its technology that helps retailers put returned items back into commerce. The round was led by Franklin Templeton, and included participation from Revolution Growth, Generation ...

2018-07-30 - D.C.'s Optoro Raises $75M in its Biggest Funding Round Yet

For retailers, managing product returns is costly. But as more shoppers move online, new technology for processing e-commerce returns has presented a massive opportunity for one local company. Optoro, a D.C.-based provider of returns optimization software, announced on Monday that it closed a $ ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$30.3M1973%N/A
#2
$32.5M1978%N/A
#3
$70M1971%N/A
#4
$45.7M1987%N/A
#5
$44.6M1986%N/A