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 Ratings3.9More
Overall CultureA-More
View Jobs (21)

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2021)225
Job Openings21
Cybersecurity ratingBMore

Key People/Management at Optoro

Adam Vitarello

Adam Vitarello

Co-Founder and President, Director
Kevin Denman

Kevin Denman

Senior Director
Casey Chroust

Casey Chroust

SVP, Client Success
Tobin Moore

Tobin Moore

Co-Founder and Chief Executive Officer, Director
Doug Bemis

Doug Bemis

Chief Technology Officer
Adam Wegner

Adam Wegner

Chief Legal Officer
Show more

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
Show all (2)

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

3 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
Show all financial metrics

Optoro Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about our premium products
SecurityScorecard logo

Optoro Online and Social Media Presence

Optoro's Trends

Embed Graph

Optoro Company Culture

  • Overall Culture

    A-

    77/100

  • CEO Rating

    A+

    82/100

  • Compensation

    A

    83/100

Learn more on Comparably

Optoro News and Updates

August 20, 2021

Optoro Wins Gold Stevie® Award In 2021 International Business Awards®

Winner in the Business-to-Business Category for BULQ® on eBay Winner in the Business-to-Business Category for BULQ® on eBay
June 03, 2021

Optoro Appoints Douglas Bemis as Chief Technology Officer

Bemis, former CTO of Uber AI Labs, to lead engineering and data science teams as Optoro scales its platform to help retailers solve the growing problem of returns Bemis, former CTO of Uber AI Labs, to lead engineering and data science teams as Optoro scales its platform to help retailers solve the g…
April 15, 2021

Optoro Welcomes Two Seasoned Industry Leaders to Its Board of Directors

Fumbi Chima and Julia Taxin Join Optoro’s Board With Decades of Experience Across Ecommerce, Technology, and Venture Capital Fumbi Chima and Julia Taxin Join Optoro’s Board With Decades of Experience Across Ecommerce, Technology, and Venture Capital
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…
Show more

Optoro Blogs

July 14, 2021

‘Real pressure on supply chains’: How major players are balancing costs, speed and a new retail world

‘Massive volumes of returns’ Reverse logistics came to... The post ‘Real pressure on supply chains’: How major players are balancing costs, speed and a new retail world appeared first on Optoro.
July 14, 2021

The Pandemic Shouldn’t Be a Reason to Punt Sustainability

This past year was tough for retail. From... The post The Pandemic Shouldn’t Be a Reason to Punt Sustainability appeared first on Optoro.
May 25, 2021

Explore Optoro’s Complete Returns Solution

As the leading returns technology provider, Optoro‘s complete... The post Explore Optoro’s Complete Returns Solution appeared first on Optoro.
May 03, 2021

Volunteering at Optoro

Giving back is in our DNA. From serving... The post Volunteering at Optoro appeared first on Optoro.
April 16, 2021

Explore 3 Trends in Supply Chain Sustainability

As we move closer to a post-pandemic world,... The post Explore 3 Trends in Supply Chain Sustainability appeared first on Optoro.
April 07, 2021

Returns Report: What Returns Can Bring to Your Business in 2021

An easy returns experience can make or break... The post Returns Report: What Returns Can Bring to Your Business in 2021 appeared first on Optoro.
Show more

 Optoro Frequently Asked Questions

  • When was Optoro founded?

    Optoro was founded in 2008.

  • Who are Optoro key executives?

    Optoro's key executives are Adam Vitarello, Kevin Denman and Casey Chroust.

  • How many employees does Optoro have?

    Optoro has 225 employees.

  • Who are Optoro competitors?

    Competitors of Optoro include Fulfilltopia, Global Mailing and PDCWeb.

  • 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.