Loop

Loop

AI-driven freight audit and payments platform

Overview

Loop provides a data platform and full-stack AI system to modernize transportation spend management. It unifies invoices, shipment tracking, and contract terms into a single source of truth for high-volume shippers, carriers, and 3PLs, enabling automation of invoice processing (up to 99%), real-time exception handling, and predictive analytics to surface cost-saving opportunities. Its products—such as the Loop Control Suite and Parcel Contract Intelligence—use machine learning to identify potential overpayments before they occur, and operate as a SaaS solution with a dedicated customer success team. This combination differentiates Loop from competitors by combining data unification, proactive AI-driven insights, and a hands-on service model to streamline freight audit and payments. The company's goal is to turn freight audit from a cost center into a strategic advantage, improving working capital and financial clarity across global logistics operations.

About Loop

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

Industries

Data & Analytics

Enterprise Software

Fintech

AI & Machine Learning

Company Size

51-200

Company Stage

Series C

Total Funding

$160M

Headquarters

San Francisco, California

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • J.P. Morgan Payments collaboration strengthens freight-payment financing and working-capital monetization.
  • Loop Intelligence gives finance and operations teams natural-language access to logistics insights.
  • Enterprise customers report millions recovered, 100% audit coverage, and roughly 9x ROI.

What critics are saying

  • J.P. Morgan Payments can bundle similar financing, pressuring Loop's pricing and distribution.
  • Autonomous dispute handling creates liability if underpayments, overpayments, or contract breaches occur.
  • AI logistics rivals like Augment can outspend Loop on sales, models, and partnerships.

What makes Loop unique

  • Loop unifies freight invoices, shipment data, and contract terms into one source of truth.
  • DUX 2.0 validates messy logistics data across customs, tariffs, and inbound purchase orders.
  • Exception Agent automates carrier disputes and invoice verification without human intervention.

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Funding

Total Funding

$160M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$95M
Loop
$100M
Oura

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

Logismedia Group AG
May 4th, 2026
Loop introduces new features for LDP.

Loop introduces new features for LDP. May 4, 2026 at 1:36 PM Loop has introduced a series of new features for its Logistics Data Platform (LDP), which is based on a data engine. According to a statement from the company, which specializes in supply chain challenges, the new platform aims to enhance the efficiency of logistics teams. Features for efficiency enhancement. The LDP utilizes the new data engine "DUX 2.0," which provides validated and verified data. This is intended to help companies accelerate their digital transformation processes. A newly developed exception agent is designed to promote workflows and increase employee efficiency. This is to be achieved through consistent execution of logistics processes. Additionally, the platform offers a feature called "Loop Intelligence," which integrates an AI assistant. This is intended to help companies leverage decision intelligence to enhance business value through optimized global logistics networks. According to the manufacturer, the new features of the LDP are designed to create a solid data foundation that drives automation through artificial intelligence.

FreightWaves
Aug 20th, 2025
Data2Logistics, Loop Merge to Optimize Supply Chain

Data2Logistics is merging with Loop to address supply chain data issues like inaccessible and messy data. Co-founders Shaoshu Liu and Matt McKinney aim to unlock supply chain value by transforming raw data into structured intelligence using Loop's AI-first platform, DUX. This merger seeks to improve cost allocation, exception tracking, and visibility, ultimately reducing transaction friction and enhancing payment cycles and processing efficiency.

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 Magazine
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

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