Optoro

OverviewSuggest Edit

Optoro's mission is to provide the most comprehensive asset recovery solution for the distressed inventory of retailers, manufacturers, and 3rd party providers. Through our cutting-edge technology, online remarketing expertise, and full service fulfillment operation, Optoro offers our clients maximum recovery value with optimal velocity to sale and fully transparent reporting.
TypePrivate
Founded2008
HQWashington, DC, USMap
Websiteoptoro.com
Employee Ratings4.4More
Overall CultureBMore
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Latest Updates

Employees (est.) (Jan 2021)233(-1%)
Cybersecurity ratingBMore

Key People/Management at Optoro

Tobin Moore

Tobin Moore

Co-Founder and CEO
Adam Vitarello

Adam Vitarello

Co-Founder and President
Katy McCarthy

Katy McCarthy

CFO
Peter Spellman

Peter Spellman

CTO
Adam Wegner

Adam Wegner

General Counsel and SVP Corporate Development
Pankaj Kulkarni

Pankaj Kulkarni

SVP Product
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Optoro Office Locations

Optoro has offices in Washington and Mt. Juliet
Washington, DC, US (HQ)
1001 G St NW #1200
Mt. Juliet, TN, US
8051 Eastgate Blvd
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Optoro Financials and Metrics

Summary Metrics

Founding Date

2008

Optoro total Funding

$244.4 m

Optoro latest funding size

$75 m

Time since last funding

2 years ago

Optoro investors

Kleiner Perkins, UPS Strategic Enterprise Fund, Grotech Ventures, Square 1 Bank, SWaN & Legend Venture Partners, Nigel Morris, Franklin Templeton Investments, Generation Investment Management, Maryland Venture Fund, United Parcel Service (UPS), Revolution Growth, Revolution
Optoro's latest funding round in July 2018 was reported to be $75 m. In total, Optoro has raised $244.4 m
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Optoro Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Optoro Online and Social Media Presence

Optoro's Trends

Embed Graph

Optoro Company Culture

  • Overall Culture

    B

    80/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A-

    82/100

Learn more on Comparably

Optoro News and Updates

November 19, 2020

eBay and Optoro Announce Exclusive Partnership to Streamline Resale of Returned & Excess Inventory, Support eBay Seller Community

As ecommerce surges, the solution unlocks a new channel for unsold inventory by providing a streamlined resale experience for both retail brands & eBay sellers As ecommerce surges, the solution unlocks a new channel for unsold inventory by providing a streamlined resale experience for both retai…
October 08, 2020

Optoro Announces Nationwide Contactless Returns Network Featuring New Partnership with Staples US Retail

The new Express Returns offering will enable safe, convenient and low-cost returns at more than 1,000 locations in time for the busy holiday returns season The new Express Returns offering will enable safe, convenient and low-cost returns at more than 1,000 locations in time for the busy holiday ret…
July 30, 2018

Optoro raises $75 million more to make it easier for brands to manage and resell returned and excess inventory

As the economy has chugged along, so have retail sales, which last year capped their strongest year since 2014. Online sales have been especially brisk, growing 16 percent between 2016 and 2017 alone, according to the U.S. Commerce Department, which estimates that consumers spent $453.5 billion onli…
January 24, 2018

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Optoro Blogs

December 17, 2020

Hit by a Tornado – A Story of Resilience at Optoro

The blow we never expected There is no... The post Hit by a Tornado – A Story of Resilience at Optoro appeared first on Optoro.
December 14, 2020

The Holiday Returns Season – Returns Data from October 2020

In October, we surveyed over 2,000 US consumers... The post The Holiday Returns Season – Returns Data from October 2020 appeared first on Optoro.
November 19, 2020

Returns Report: Our Exclusive Partnership with eBay

This week we shared exciting news that Optoro... The post Returns Report: Our Exclusive Partnership with eBay appeared first on Optoro.
October 29, 2020

Employee Spotlight: Elizabeth Harris, Manager, Professional Services

Optoro is made up of a diverse collection... The post Employee Spotlight: Elizabeth Harris, Manager, Professional Services appeared first on Optoro.
October 26, 2020

A Look Inside Express Returns and Staples Drop-Offs

The rapidly changing retail landscape during the COVID-19... The post A Look Inside Express Returns and Staples Drop-Offs appeared first on Optoro.
September 25, 2020

Get Ready for the Post-Holiday Returns Surge

  With ecommerce return rates at 3x those... The post Get Ready for the Post-Holiday Returns Surge appeared first on Optoro.
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 Optoro Frequently Asked Questions

  • When was Optoro founded?

    Optoro was founded in 2008.

  • Who are Optoro key executives?

    Optoro's key executives are Tobin Moore, Adam Vitarello and Katy McCarthy.

  • How many employees does Optoro have?

    Optoro has 233 employees.

  • Who are Optoro competitors?

    Competitors of Optoro include PDCWeb, CPS Manufacturing and Replenium.

  • Where is Optoro headquarters?

    Optoro headquarters is located at 1001 G St NW #1200, Washington.

  • Where are Optoro offices?

    Optoro has offices in Washington and Mt. Juliet.

  • How many offices does Optoro have?

    Optoro has 2 offices.