Optoro

Optoro develops a returns optimization platform that allows retailers and brands to manage, process and sell returned and excess inventory products. Read more

1,081 Followers on Owler
1,081 Followers on Owler
1,081 Followers on Owler
1,081 Followers on Owler

Optoro

Optoro develops a returns optimization platform that allows retailers and brands to manage, process and sell returned and excess inventory products. Read more

Tobin Moore's photo - Co-Founder & CEO of Optoro

Co-Founder & CEO

Tobin Moore

CEO Approval Rating

94/100

Founded:

2004

Status:

PrivateIndependent Company

OPTORO TOP COMPETITORS OR ALTERNATIVES

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Missing a competitor? Contribute!

Happy Returns is a top competitor of Optoro. Happy Returns is a Private company that was founded in 2015 in Santa Monica, Texas. Happy Returns operates in the Application Software industry. Compared to Optoro, Happy Returns has 161 fewer employees.

Loop Returns is seen as one of Optoro's biggest rivals. Loop Returns was founded in 2016, and is headquartered in Columbus, Ohio. Loop Returns is in the Internet Software industry. Loop Returns generates $189.8M less revenue vs. Optoro.

Returnly is seen as one of Optoro's top competitors. Returnly was founded in San Francisco, California} in 2014. Returnly competes in the Enterprise Software industry. Compared to Optoro, Returnly generates $186.6M less revenue.

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Growth Score - 1/1

Is 235 a good estimate for Optoro's Employee count?

Optoro Acquisitions

No recent acquisitions found related to Optoro

Optoro Funding History

Since Optoro was founded in 2004, it has participated in 10 rounds of funding. In total Optoro has raised $231.3M. Optoro's last funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M
Equity
Dec 2019
--
Equity
Jul 2018
$75M
Series D
Dec 2016
$30M
Debt
Jun 2015
$40M

Since Optoro was founded in 2004, it has participated in 10 rounds of funding. In total Optoro has raised $231.3M. Optoro's last funding round was on Apr 2020 for a total of $2.0M

Optoro Investments

No recent investments found related to Optoro

Optoro News

October 8, 2020Forbes

Staples To Pilot A Drop-Off Program For Easier E-Commerce Returns

Office supply chain Staples is partnering with returns tech firm Optoro to use its stores as drop off... See more »
August 10, 2020Zacks

Duke Realty Signs Lease with Optoro, Facility 100% Occupied

Amid solid demand for modern class A facilities, Duke Realty achieves full occupancy for its Park 840... See more »
August 10, 2020Commercial Property Executive

Duke Realty Re-Fills Metro Nashville Logistics Building

With the signing of a new lease just north of 200,000 square feet, the developer's facility in Lebano... See more »
August 10, 2020Connect Media

Duke Realty Secures 207K-SF Industrial Lease in Nashville

Duke Realty has signed an industrial lease with tenant Optoro Inc. at Park 840 West 14840 in Nashvill... See more »
May 8, 2020The Paypers

Optoro, Returnly partner to support retailers and brands with returns solution

Optoro has announced a strategic partnership with Returnly to support retailers with new returns solu... See more »
May 7, 2020FashInvest

Optoro, Returnly Joins Forces to Offer Improved Returns Experience

The strategic partnership aims to bolster sales and lower costs.... See more »
May 6, 2020eSellercafe

New Optoro and Returnly Partnership Helps Retailers Manage Returns More Efficiently

Optoro will now integrate with Returnly's customer-facing ecommerce returns technology into its broad... See more »

Optoro Blogs

December 14, 2020Optoro Blog

The Holiday Returns Season – Returns Data from October 2020

In October, we surveyed over 2,000 US consumers... The post The Holiday Returns Season – Retur... See more »
October 29, 2020Optoro Blog

Employee Spotlight: Elizabeth Harris, Manager, Professional Services

Optoro is made up of a diverse collection... The post Employee Spotlight: Elizabeth Harris, Manager,... See more »
October 26, 2020Optoro Blog

A Look Inside Express Returns and Staples Drop-Offs

The rapidly changing retail landscape during the COVID-19... The post A Look Inside Express Returns ... See more »
September 25, 2020Optoro Blog

Get Ready for the Post-Holiday Returns Surge

  With ecommerce return rates at 3x those... The post Get Ready for the Post-Holiday Returns Su... See more »
September 1, 2020Optoro Blog

Holiday 2020 Returns Readiness Checklist

With the recent increase in online purchases and... The post Holiday 2020 Returns Readiness Checklis... See more »
August 27, 2020Optoro Blog

Returns Report: Health Crisis Solutions

Employee and customer safety has become even more... The post Returns Report: Health Crisis Solution... See more »
August 6, 2020Optoro Blog

Webinar Recap: Preparing for Holiday Returns During COVID-19

Retailers are starting to prepare for the upcoming... The post Webinar Recap: Preparing for Holiday ... See more »

Optoro Press Releases

December 21, 2018Press Advantage

Augusto Beato

Proper handling of reverse logistics should be a main priority for online retailers of fashion appare... See more »
February 1, 2016Marketwired

Optoro Partners With Groupon to Manage Returned and Excess Inventory

New Solution Increases Recovery and Creates a More Sustainable Supply Chain... See more »
January 20, 2016Marketwired

Optoro Wins Prestigious Circular Economy Enterprise Award at the 2016 World Economic Forum

WASHINGTON, DC--(Marketwired - Jan 20, 2016) - Optoro�, the leading platform for returned and exces... See more »
October 5, 2015BUSINESS WIRE

Optoro Launches New Discount Wholesale Marketplace, BULQ.com

WASHINGTON--(BUSINESS WIRE)--Optoro, the leading platform for returned and excess inventory, today la... See more »
July 28, 2015BUSINESS WIRE

Optoro Raises $40 Million in Venture Debt from TriplePoint Venture Growth BDC Corporation and Square 1 Bank

WASHINGTON--(BUSINESS WIRE)--Optoro, the leading platform for returned and excess inventory, received... See more »
July 1, 2015PRWEB

Measurabl and Optoro Launch "We Are Measurabl" Credential Pilot

Measurabl's new 'We Are Measurabl' campaign facilitates corporate sustainability transparency.(PRWeb ... See more »
December 10, 2014BUSINESS WIRE

Optoro Raises $50 Million in Funding Round Led by Kleiner Perkins Caufield & Byers

WASHINGTON--(BUSINESS WIRE)--Optoro, a cloud-based leader disrupting the retail returns industry, led... See more »

Optoro Videos

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Optoro Headquarters

1001 G Street NW Suite 1200

Washington, District of Columbia20001

301-760-7003

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Optoro Summary

ABOUT

Overview

Optoro develops a returns optimization platform that allows retailers and brands to manage, process and sell returned and excess inventory products. Optoro was founded in 2004. Optoro's headquarters is located in Washington, District of Columbia, USA ...

CEO

Optoro's Co-Founder & CEO, Tobin Moore, currently has an approval rating of 94%. Optoro's primary competitors are Happy Returns, Loop Returns & Returnly.

Website

optoro.com

Frequently Asked Questions about Optoro

  1. When was Optoro founded?

    Optoro was founded in 2004
  2. Who is Optoro's CEO?

    Optoro's CEO is Tobin Moore
  3. How much revenue does Optoro generate?

    Optoro generates $193.8M in revenue
  4. How much funding does Optoro have?

    Optoro has historically raised $231.3M in funding
  1. Where is Optoro's headquarters?

    Optoro's headquarters is in Washington District of Columbia, USA
  2. How many employees does Optoro have?

    Optoro has 235 employees
  3. What sector does Optoro operate in?

    Optoro is in Application Software, Internet Software
  4. Who are Optoro's competitors?

    Optoro's top competitors are Happy Returns, Loop Returns, Returnly