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Optoro
Returns platform
- 101-200 employees
- B2B
- Enterprise
- Sustainability
- Logistics
- Supply Chain
- eCommerce
- Penn Quarter, Washington, DC
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Company mission
To make retail more sustainable by eliminating all waste from returns.
Our take
With eCommerce giants like Amazon forcing smaller competitors to match its free returns and full refunds even on damaged goods, retailers are in desperate need of a solution to salvage value from returned stock.
This is where Optoro comes in, a provider of returns technology for retailers and brands. Optoro uses data and real-time decision-making to make returns better for customers, retailers and the planet in one unified platform.
Trusted by big name brands like IKEA, Best Buy, and Staples as well as securing capital from multiple funding rounds, Optoro has experienced considerable growth since its inception in 2010 and is now known as the leading provider in returns technology. Going forward the company is prioritising customers and the environment, with plans to further improve upon its return technology.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Health, dental, vision, and life insurance
- Perks for Parks Program
- Sabbatical at 5 and 10 year anniversary
- Benefits and equity plans
- Flexible paid time off
- Volunteer paid time off
- Summer Fridays
- 401k match
- Outside learning opportunities for career development
Funding (last 2 of 7 rounds)
Dec 2021
$25m
SERIES E
Jul 2018
$75m
GROWTH EQUITY VC
Total funding: $212.9m
This company has top investors
Leadership
Tobin Moore
(Co-Founder)Co-founder and previous CEO of the online reseller eSpot. Was also recognised as an Ernst & Young Entrepreneur of the Year and as one of Washington Business Journal's 40 under 40.
Adam Vitarello
(CSO & Co-Founder)Graduated from Brown University with a Bachelor of Arts in History and International Relations. Also the Co-founder and previous COO of eSpot.