Loop

Simplifies payments with advanced technology.

San Francisco, California, United States

About Loop

The company's main product simplifies payments in a complex industry, utilizing advanced technologies to streamline the process.

San Francisco, CaliforniaHeadquarters
2021Year Founded
$63.2MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Automotive & Transportation, Enterprise SoftwareIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Professional Development Budget
Physical and Mental fitness subsidies
Commuter Benefits

Risks

Increased competition may pressure Loop's market share and pricing.
Regulatory changes in Saudi Arabia could impact Loop's operations.
Cybersecurity threats pose risks to Loop's reputation and customer trust.

Differentiation

Loop's platform streamlines shipment document capture and invoice matching efficiently.
Partnerships with major players like J.P. Morgan enhance Loop's market credibility.
Loop's expansion into Saudi Arabia showcases its global reach and adaptability.

Upsides

AI integration boosts Loop's invoice matching accuracy and fraud detection.
Blockchain technology offers Loop enhanced transparency and security in payments.
IoT growth allows Loop to provide real-time tracking and analytics services.

Funding

Total raised$63.23 M
Latest valuation$175.00 M
StageSERIES_B