What is Route worth in 2026?

QuantLogix's QL Price for Route is $1.1B as of 2026-09-07, a medium-confidence estimate blending the last disclosed round with secondary-market prints and public-company comparables. That is 23% below its last disclosed round of $1.4B. QuantLogix publishes this price with a permanent accuracy record graded against the rounds that price afterwards.

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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

QL Price

$1.1B

-23% vs last round

QuantLogix's current estimate for Route, published 2026-09-07 — below the last disclosed round of $1.4B (2024-Q2).

Confidence

medium

Basis

secondary led

What backs this price

Last disclosed round	$1.4B	2024-Q2	weight 0.22
Secondary market print	$977.2M	2026-06-27	weight 0.65

How this price has held up

No round has priced for Route since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-07 and will be graded against the next priced round. See the full accuracy record →

How to actually get exposure to Route →

Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.

Cite this price as QuantLogix QL Price, Route, 2026-09-07 (2c6cd9a9ffab1722). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Route going public?

No. Route is private and has not filed to go public. There is no S-1 on file.

What is Route's valuation in 2026?

Route is valued at $1.4B as of 2024-Q2, set by its Series C ($40M, Jun 2024). That is the last confirmed mark, not a live price — private shares do not trade continuously.

Has Route filed an S-1?

No public S-1 is on file for Route.

Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

Founded

2019

Lehi, UT

Employees

230

Total Raised

$321.43M

Last Round

Series C — $40M (Jun 2024)

IPO Status

private

Fundraising Status

Series C · $40M · 2y 3mo 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

Secondary price return by period

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

Round	Amount	Date	Lead Investor	Post-Money
Series C	$40M	Jun 2024	—	$1.4B

Talent Signal

Hiring trend

▼ Hiring downtrend

0% of roles posted in last 30d

Open roles

via greenhouse

Product-build share

60%

engineering, research, product, design

Trajectory

tightening

product-led hiring — 60% of open roles build product; the rest are go-to-market and G&A.

Open roles trending down; no tracked executive churn.

Open roles by month

Open roles by function

■ product-building ■ go-to-market / G&A

Sr. Core Backend EngineerSr. Product Manager Sr. Technical Product Manager Customer Success ManagerManager of Sales Compensation

Counted from Route's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

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.