When was Route1 founded?

Route1 was founded in 2004 and raised its 1st funding round 14 years after it was founded.

Where is Route1 located?

Route1 is headquartered in Toronto, Canada.

Which legal entities is Route1 associated with?

Route1 is associated with Route1 International Limited and 1 other.

How many employees does Route1 have?

As of Jun 30, 2026, the latest employee count at Route1 is 40.

Is Route1 a funded company?

Route1 is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Mar 22, 2018.

When was the latest funding round of Route1?

Route1's latest funding was a $***** Post IPO round on Nov 04, 2025, with participation from 0 investor.

What is the annual revenue of Route1?

Annual revenue of Route1 is between $10M and $50M as on Dec 31, 2023

Where does Route1 rank among its competitors?

Route1 ranks 62nd amongst 1601 active competitors, of which 281 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Databricks, which secured $2B in Jan, 2026.

Who are the top competitors of Route1?

Route1's top competitors include Palo Alto Networks, Databricks and Palantir. Among them, Databricks secured the most recent funding round in January, 2026.

Route1 - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Provider of automatic license plate recognition and actionable business intelligence solutions. The company offers a unified analytics platform with lifecycle support for reliable system operations. It translates operational data into actionable insight, supporting real-time decision-making. The company integrates data and analytics, enabling operators to evaluate operations against benchmarks.

Website: www.route1.com/
Social

Key Metrics

Founded Year

2004

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Post IPO, Nov 04, 2025, $*****

Ranked

62^nd among 1601 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2023

Employee Count

40 as on Jun 30, 2026

Investment & Acquisitions

Spyrus & 1 more

Similar Companies

Palo Alto Networks & 1335 more

Exit Details

Public

View Route1's full profile

Route1 is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Route1 International Limited CIN: 09715726 , United Kingdom, Active	Aug 02, 2015	-	1 (As on Aug 31, 2022)
Route1 Inc CIN: 1683909 , Canada, Active	Dec 31, 2003	$10M - $50M (As on Dec 31, 2023)	-	-

Route1 got listed on Aug 13, 2019.

Click here to take a look at Route1's IPO in detail

Route1 has raised funding over 3 rounds. Its first funding round was on Mar 22, 2018.

Here is the list of recent funding rounds of Route1:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 04, 2025	8070405	Post IPO	5559621	5519543	9144467	3041789
Dec 23, 2020	5425102	Post IPO	2477609	8329032	9536849	1126040
Mar 22, 2018	2300714	Post IPO	2257997	8699507	1150400	4426269

Access funding benchmarks and valuations. Sign up today!

View details of Route1's funding rounds and investors

Route1's employee count trend

Route1 has 40 employees as of Jun 26. Here is Route1's employee count trend over the years:

Uncover Route1's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Route1 include Palo Alto Networks, Databricks and Palantir. Here is the list of Top 10 competitors of Route1, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Palo Alto Networks 2005, Santa Clara (United States), Public	Provider of cybersecurity platforms, threat intelligence, and incident response services	$65.7M	Globespan Capital Partners, Lehman Brothers ... & 26 others	84/100
2nd	Databricks 2013, San Francisco (United States), Series K	Data and AI platform that unifies analytics	$20.2B	Andreessen Horowitz, Insight Partners & 108 others	83/100
3rd	Palantir 2003, Denver (United States), Public	Platform that provides data analysis and management solutions	$2.46B	Founders Fund, Artis Ventures & 164 others	83/100
4th	Altair 1985, Troy (United States), Acquired	Provider of enterprise software for simulation, data analytics, AI, and HPC	$35.1M	General Atlantic, Shefa Capital & 3 others	82/100
5th	Recorded Future 2009, Somerville (United States), Acquired	Provider of cyber threat intelligence to inform strategic decisions and operations	$72.3M	Insight Partners, MassMutual Ventures & 9 others	77/100
6th	Anaplan 2006, San Francisco (United States), Acquired	Provider of cloud-based platform for scenario planning, analysis, and reporting	$300M	Premji Invest, Meritech & 27 others	77/100
7th	SecurityScorecard 2013, New York City (United States), Series E	Provider of supply chain detection and response and risk management	$292M	T. Rowe Price, Kayne Anderson Rudnick & 25 others	73/100
8th	BitSight 2011, Boston (United States), Series E	Provider of cyber risk intelligence and exposure management solutions powered by AI	$398M	Menlo Ventures, Flybridge Capital Partners ... & 17 others	71/100
9th	C3 AI 2009, Redwood City (United States), Public	Cloud based AI application development platform	$454M	Breyer Capital, TPG & 13 others	71/100
10th	Dataminr 2009, New York City (United States), Series F	Provider of AI platform delivering real-time event, threat, and risk intelligence	$1.24B	Valor Equity Partners, MSD Capital & 87 others	70/100
62nd	Route1 2004, Toronto (Canada), Public	Provider of automatic license plate recognition and actionable business intelligence solutions	-	-	54/100