Optoro's software platform helps retailers optimize the management of returned and excess inventory in a more efficient and cost-effective way, maximizing recovery value, enabling consumers to get great deals, and reducing environmental waste.
Headquarters
Washington, D.C., DC
Size
201-500 Employees
Ownership
$169,400 total investment
Industry
Information Tech, Transportation
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Optoro uses innovative technology to solve growing and global problems. Each year, over 15% of inventory is returned or deemed excess, costing retailers $500 billion nationwide. Optoro's software platform helps retailers optimize the management of returned and excess inventory in a more efficient and cost-effective way, maximizing recovery value, enabling consumers to get great deals, and reducing environmental waste. Working with some of the largest retailers in the US, Optoro's software platform has enabled its clients to maximize recovery costs by 50 - 200%.
Founded in 2010, Optoro has been named one of the fastest growing companies in the US. Optoro has also received many awards and accolades, including CNBC's Disruptor 50, EY's Entrepreneur of the Year and the World Economic Forum's Circular Economy Award, Most recently, Optoro was named a 'Top Workplace'_ in DC by The Washington PoStreet
Benefits & perks
Health & insurance
Health, dental, vision, and life insurance
Wellness
Building gym, regular yoga sessions, and in-office meditation room, helping you maintain your wellness, both physical and mental