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Optoro
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Short description

Provider of asset recovery solutions for the distressed inventory of online retailers

Founded in 2004
Founded in

Company type Private Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United States United States
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Updated by Cleantech Group on 07/04/2023

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Date Partner Type
12/21/2016
UPS UPS
UPS and Optoro have formed a strategic alliance, providing a one-stop shop solution for retailers and manufacturers to optimize the transportation and disposition of returned and excess inventory.
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Confirmed by UPS
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Date Investors Type Amount
12/04/2019 IKEA Group IKEA Group , Ingka Group Ingka Group (2)
Post-money valuation of
IKEA, part of Ingka Group, has bought a minority stake in Optoro. Planing to roll out Optoro’s reverse logistics technology to distribution centers, stores and its customer support center in the United States, and was looking to take it to other markets. Financial details were undisclosed.
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