About RouteThis
RouteThis is a company based in Kitchener (Canada) founded in 2012.. RouteThis has raised $19.62 million across 1 funding round from investors including Inovia Capital, Intel Capital and Round13 Capital. RouteThis offers products and services including RouteThis Certify and RouteThis Resolve.
- Headquarter Kitchener, Canada
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Routethis Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.62 M (USD)
in 1 rounds
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Latest Funding Round
$19.62 M (USD), Series A
Feb 22, 2022
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Investors
Inovia Capital
& 4 more
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Employee Count
Employee Count
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Products & Services of RouteThis
RouteThis offers a comprehensive portfolio of products and services, including RouteThis Certify and RouteThis Resolve. 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.
Software is used for optimizing residential WiFi installations and repairs by field techs
Platform is employed for remote troubleshooting and resolution of WiFi issues by support agents
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Funding Insights of RouteThis
RouteThis has successfully raised a total of $19.62M through 1 strategic funding round. The most recent funding activity was a Series A round of $19.62 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $19.6M
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First Round
First Round
(22 Feb 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series A - RouteThis | Valuation | Inovia Capital |
| 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 |
Investors in RouteThis
RouteThis has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Inovia Capital, Intel Capital and Round13 Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Round13 Capital is engaged in venture capital investments across Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RouteThis
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - RouteThis
| 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 |
Routethis Comparisons
Competitors of RouteThis
| 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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Frequently Asked Questions about RouteThis
When was RouteThis founded?
RouteThis was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Where is RouteThis located?
RouteThis is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Is RouteThis a funded company?
RouteThis is a funded company, having raised a total of $19.62M across 1 funding round to date. The company's 1st funding round was a Series A of $19.62M, raised on Feb 22, 2022.
What does RouteThis do?
RouteThis was founded in 2012 in Kitchener, Canada, within the smart home technology sector. Diagnostic tools and support platforms for connected devices are developed and offered. Operations center on automated troubleshooting for IoT networks, enabling efficient issue resolution for service providers. The companys domain, routethis.com, facilitates access to these services across North America and beyond.
What products or services does RouteThis offer?
RouteThis offers RouteThis Certify and RouteThis Resolve.
Who are RouteThis's investors?
RouteThis has 5 investors. Key investors include Inovia Capital, Intel Capital, Round13 Capital, Garage Capital, and Ken Miller Capital.