About Route1
Route1 is a company based in Toronto (Canada) founded in 2004.. Route1 has completed 3 acquisitions, including DataSource Mobility, Group Mobile and Spyrus. Route1 offers products and services including MobiKEY, MobiLPR, Pocketvault P-3X, and ALPR. Route1 operates in a competitive market with competitors including Recorded Future, Anomali, Skybox, Quantexa and Flashpoint, among others.
- Headquarter Toronto, Canada
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Route1 Inc.
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Annual Revenue
$10.53 M (USD)-13.79as on Dec 31, 2024
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Net Profit
$-736.73 K (USD)17.27as on Dec 31, 2024
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EBITDA
$276.67 K (USD)-37.84as on Dec 31, 2024
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Latest Funding Round
$356.14 K (USD), Post-IPO
Nov 04, 2025
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
DataSource Mobility
& 2 more
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IPO & Listings of Route1
Route1 is a publicly listed company on the TSXV with ticker symbol ROI in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Route1
Route1 offers a comprehensive portfolio of products and services, including MobiKEY, MobiLPR, Pocketvault P-3X, and ALPR. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure desktop access from anywhere for remote work needs.
Extends ALPR to smartphones for enhanced security operations.
Encrypted storage token for protecting vital information securely.
Automatic License Plate Recognition for vehicle detection and enforcement.
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Funding Insights of Route1
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $356,139
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First Round
First Round
(22 Mar 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Post-IPO - Route1 | Valuation |
investors |
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| Dec, 2020 | Amount | Post-IPO - Route1 | Valuation |
investors |
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| Mar, 2018 | Amount | Post-IPO - Route1 | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Route1
Route1 has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include DataSource Mobility, Group Mobile and Spyrus. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of the data visualization and analytics software solution
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2007 | ||||
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Rugged mobility devices are sold and integrated for enterprise workforces.
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2002 | ||||
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Hardware-based encryption, authentication, and content security solutions are offered.
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Route1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Route1 Comparisons
Competitors of Route1
Route1 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 Recorded Future, Anomali, Skybox, Quantexa and Flashpoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-time threat intelligence solutions provider
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| domain | founded_year | HQ Location |
Provider of cyber threat intelligence solutions
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| domain | founded_year | HQ Location |
Risk analytics and vulnerability management solutions are offered by Skybox.
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| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of cybersecurity threat intelligence platform
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| domain | founded_year | HQ Location |
Cloud-based data visualization and analytics are delivered for decision making.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Route1
Frequently Asked Questions about Route1
When was Route1 founded?
Route1 was founded in 2004 and raised its 1st funding round 14 years after it was founded.
Where is Route1 located?
Route1 is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What is the annual revenue of Route1?
Annual revenue of Route1 is $10.53M as on Dec 31, 2024.
What does Route1 do?
Route1 was founded in 2004 in Toronto, Canada, focusing on the cybersecurity sector. Decision support software and threat intelligence solutions are offered to enterprises, incorporating information assurance posture features. Actionable intelligence is delivered securely in real-time to support decision makers. Data access is enabled via the platform, with analysis tools provided to generate insights for informed processes. Operations emphasize secure delivery across enterprise environments.
Who are the top competitors of Route1?
Route1's top competitors include Recorded Future, Quantexa and Skybox.
What products or services does Route1 offer?
Route1 offers MobiKEY, MobiLPR, Pocketvault P-3X, and ALPR.
Is Route1 publicly traded?
Yes, Route1 is publicly traded on TSXV under the ticker symbol ROI.
How many acquisitions has Route1 made?
Route1 has made 3 acquisitions, including DataSource Mobility, Group Mobile, and Spyrus.
What is Route1's ticker symbol?
The ticker symbol of Route1 is ROI on TSXV.
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