Loop

Loop

Simplifies payments with advanced technology.

About Loop

Simplify's Rating
Why Loop is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Financial Services

Company Size

11-50

Company Stage

Series B

Total Funding

$65M

Headquarters

San Francisco, California

Founded

2021

Overview

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

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption in logistics boosts Loop's platform optimization capabilities.
  • Blockchain technology complements Loop's secure shipment document capture.
  • IoT integration enhances Loop's real-time data ingestion and shipment matching.

What critics are saying

  • Emerging logistics payment platforms threaten Loop's market share.
  • Rapid AI advancements could render Loop's offerings obsolete.
  • Economic instability in key markets may impact Loop's revenue.

What makes Loop unique

  • Loop's logistics payments platform streamlines shipment document capture and data ingestion.
  • Partnerships with Hyundai UK and J.P. Morgan enhance Loop's market credibility.
  • Route optimization APIs set Loop apart in logistics efficiency.

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Funding

Total Funding

$65M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35M
Loop
$45M
Linktree
$65M
Substack
$100M
ClickUp

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

Company News

HTXT
Apr 2nd, 2025
Loop releases Routing APIs to improve deliveries

Loop has released its Route optimisation and Route planning APIs for businesses to make use of.

AM Online
Mar 14th, 2025
Hyundai UK partners with Loop to enhance retailer performance

Hyundai UK has joined forces with automotive data solutions provider Loop to enhance productivity, profitability, and consistency across its retailer network.

PYMNTS
Jun 18th, 2024
Jpmorgan Payments And Loop Team To Monetize Freight Payments

J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the companies said in a news release provided to PYMNTS, thus fostering stronger relationships between shippers and carriers. The release cites data from the American Trucking Association showing that trucking revenues account for more than $940 billion, or 80%, of the U.S. freight bill

Jax Daily Record
Apr 25th, 2024
The Loop restaurant opens in World Golf Village area

The Loop restaurant announced April 25 it is open in the World Golf Village area of St. Augustine.

Finextra
Apr 16th, 2024
Episode Six and Loop bring Fintech-as-a-Service to Saudi Arabia

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, has today announced a partnership with Loop, a major e-Money institution (EMI), to power its Fintech-as-a-Service offering in the Kingdom of Saudi Arabia (KSA).

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