OptimoRoute

Palo Alto, United States Founded: 2012 • Age: 14 yrs
Cloud-based route planning and field service scheduling software is provided.
Annual revenue - Latest available
Total funding $10.7M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About OptimoRoute

OptimoRoute is a company based in Palo Alto (United States) founded in 2012 by Marin Saric. OptimoRoute has raised $10.7 million across 4 funding rounds from investors including Prelude Ventures, Pathbreaker Ventures and Anorak Ventures. OptimoRoute offers products and services including Route Planning Software, Driver Mobile App, and Live Tracking Feature. OptimoRoute operates in a competitive market with competitors including WorkJam, Planday, Reflexis Systems, SIMPRO and Parsable, among others.

  • Headquarter Palo Alto, United States
  • Founders Marin Saric
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Optimoroute D.O.O.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.7 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    Mar 16, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of OptimoRoute

OptimoRoute offers a comprehensive portfolio of products and services, including Route Planning Software, Driver Mobile App, and Live Tracking Feature.

Product name locked
Category locked
Primary

Automates efficient routes and schedules for delivery operations.

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Provides routes and tracking for drivers in field services.

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Tracks driver locations and ETAs in real-time.

People of OptimoRoute

Headcount 10-50
Employee Profiles 20
Employee Profiles
People
Jack Ramonat
Enterprise Account Executive
People
Marin Saric
CEO
People
Marin Kišić
Software Engineer
People
Yonela Chagi
Sales Executive

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Funding Insights of OptimoRoute

OptimoRoute has successfully raised a total of $10.7M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in OptimoRoute

OptimoRoute has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Prelude Ventures, Pathbreaker Ventures and Anorak Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Climate companies are invested in by this venture capital firm.
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Seed & early stage tech-focused VC firm investing primarily in the US
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Early-stage tech-focused VC firm investing primarily in the US
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Investor details for OptimoRoute

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Investments & Acquisitions by OptimoRoute

Investments
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Investment portfolio details for OptimoRoute

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Financial Statements - OptimoRoute

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Detailed financials for OptimoRoute

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  • Profit trends
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Optimoroute Comparisons

OptimoRoute Primary company
Description
Cloud-based route planning and field service scheduling soft...
Location
Palo Alto, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for OptimoRoute

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Competitors of OptimoRoute

OptimoRoute operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WorkJam, Planday, Reflexis Systems, SIMPRO and Parsable, among others.

Company Name Domain Founded year HQ Location Description
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Hourly workforce schedules and communications are managed via software.
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Workforce scheduling and HR solutions are provided for staffing optimization.
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AI-based workforce management software is offered for diverse industries.
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Cloud-based field service management software is offered by SIMPRO.
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Collaboration software solutions are provided for industrial workers.
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Fleet, asset, and mobile workforce management solutions are provided.
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Detailed competitors of OptimoRoute

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Latest news on Optimoroute

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Complete news archive for OptimoRoute

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Frequently Asked Questions about OptimoRoute

OptimoRoute was founded in 2012 and raised its 1st funding round 4 years after it was founded.

OptimoRoute is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Marin Saric is the current CEO of OptimoRoute. They have also founded this company.

OptimoRoute is a funded company, having raised a total of $10.7M across 4 funding rounds to date.

OptimoRoute was founded in 2012 in Palo Alto, United States. Cloud-based software is offered for route planning and field service scheduling in the logistics sector. Core features encompass route optimization, order import, mid-day integration, and navigation tools. A mobile app for drivers is available on Android and iOS platforms. Services are targeted at distribution, delivery, courier, and transportation operations. Notable clients include Unilever, Telgian, and Southern Star.

OptimoRoute's top competitors include WorkJam, Parsable and Shiftboard.

OptimoRoute offers Route Planning Software, Driver Mobile App, and Live Tracking Feature.

OptimoRoute has 4 investors. Key investors include Prelude Ventures, Pathbreaker Ventures, Anorak Ventures, and 7percent Ventures.

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