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Route

Developer of a shipping platform designed to protect and track freight.
Logistics 📍 Lehi, UT Founded 2019
Current Valuation
$1.4B
as of 2024-Q2
UNICORN
Developer of a shipping platform designed to protect and track freight.

Company Profile

Founded
2019
HQ
Lehi, UT
Employees
230
Total Raised
$321.43M
Last Round
Series C — $40M (Jun 2024)
IPO Status
private

Fundraising Status

Series C · $40M · 2y 2mo ago
privateTotal raised $321.43M

Secondary Market

Implied price / share
$3.47
Last round price / share
$4.97
vs last round
-30.2%
Open interest
1
Last round price vs secondary price
Last round vs current secondary price per share$4.97Last round$3.47Current
Secondary price return by period
Secondary market period returns3-month+2.1%6-month-39.3%1-year-45.6%All-time-82.7%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C$40MJun 2024—$1.4B
AppsE-CommerceReal TimeShippingMobile Apps
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q2. Refreshed quarterly.