Announced
Completed
Financials
Sources
Tags
order tracking
Domestic
Private
Acquisition
Venture Capital
online platform
e-commerce shipping platform
Digital Services
Minority
Completed
United States
Private Equity
Friendly
Synopsis
A group of investors, including Eldridge, Madrona Venture Group, Riot Ventures, Banner Ventures, FJ Labs, Endeavor, JAWS Capital and 75 & Sunny Ventures, led a $200m Series B round in Route, a shipping platform developer. "Consumers now more than ever want transparency around online ordering and hold brands to higher standards. We've demystified the post-purchase experience by communicating with users at every step of the customer journey. Route allows you to see everything you order in one place. Looking beyond being the package tracking leader, we're adding products and features to simplify and improve other areas within e-commerce. Such as one-click resolve for shipping issues and a Discover platform that is curated and personalized to each user based on global shopping behavior and trends," Evan Walker, Route Founder and CEO.
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