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About Loop
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's Take
What believers are saying
- Increased AI adoption in logistics can enhance Loop's predictive analytics capabilities.
- Blockchain integration offers Loop secure and transparent transaction processes.
- IoT devices can improve Loop's data ingestion and real-time tracking capabilities.
What critics are saying
- Competition from fintech startups could erode Loop's market share.
- Regulatory changes in international markets may impact Loop's operations and compliance costs.
- Cybersecurity threats could damage Loop's reputation and customer trust.
What makes Loop unique
- Loop's platform instantly matches shipment invoices to pricing agreements, streamlining logistics payments.
- Partnerships with major companies like J.P. Morgan enhance Loop's credibility and market reach.
- Loop's focus on digital payments in Saudi Arabia positions it as a regional leader.
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Funding
Total Funding
$65M
Above
Industry Average
Funded Over
3 Rounds
Founders FundIndustry standards
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
Hyundai UK has joined forces with automotive data solutions provider Loop to enhance productivity, profitability, and consistency across its retailer network.
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
The Loop restaurant announced April 25 it is open in the World Golf Village area of St. Augustine.
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).
Loop raises $6M to help restaurants manage 3rd-party delivery.
Loop is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Loop
Industries
Data & Analytics
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$65M
Headquarters
San Francisco, California
Founded
2021
Loop is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today