Full-Time
Senior Product Manager
ERP and Reconciliation
Loop AI
51-200 employees
AI-driven restaurant delivery financial reconciliation
Compensation Overview
$175k - $250k/yr
New York, NY, USA
In Person
 Product (1) |
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- 7+ years of experience as a Product Manager at a high-growth B2B Software as a Service company with a strong focus on enterprise resource planning systems, reconciliation workflows, or accounts payable and accounts receivable management
- Experience with ERP systems, reconciliation workflows, or accounts payable and accounts receivable management such as Blackline, FloQast, NetSuite, QuickBooks, Sage, HighRadius
- Scaled revenue growth and product expansion from initial traction to significant scale at a growth-stage B2B Software as a Service company with strong evidence of entrepreneurial streak
- Experience building for finance and accounting professionals in non-technical or operational fields e.g. brick-and-mortar, retail, restaurants, field operations
- Own product success metrics, including adoption, retention, and revenue growth
- Engage with customers primarily non-technical users in the United States to identify pain points and opportunities
- Define and execute the product roadmap, balancing innovation with business impact
- Partner with engineering to ship high-quality features efficiently
- Develop data-driven insights to differentiate our product in competitive markets
- Prioritize ruthlessly, focusing on features that drive real customer value and willingness to pay
Loop AI offers a subscription-based back-office platform for multi-location restaurants to manage third-party delivery finances. The platform automates reconciliation of orders from DoorDash, Uber Eats, and Grubhub, breaking each order into line items such as commissions, marketing, taxes, and chargebacks, and automates bookkeeping with a real-time sales dashboard and chargeback tools. It uses AI to scan customer feedback to identify operational issues, helping managers address problems like order inaccuracies. Its goal is to reduce accounting time, improve margins, and recover revenue by making delivery-driven finances transparent and easier to manage.
Company Size
51-200
Company Stage
Seed
Total Funding
$6M
Headquarters
California
Founded
2022
Simplify's Take
What believers are saying
- Grew 6x to serve 3,000+ restaurants like McDonald’s post-2024.
- Raised $14M Series A from Nyca Partners for AI expansion.
- TryLoop streamlines payroll for 7,000+ restaurants globally.
What critics are saying
- Restaurant365 bundles reconciliation into POS for 30,000 locations.
- Toast integrates DoorDash tools across 100,000 restaurants.
- DoorDash launches free dashboards, cutting Loop for enterprise clients.
What makes Loop AI unique
- Founders ran delivery-only restaurant before building Loop AI.
- Automates reconciliation of 15 line items per DoorDash order.
- AI scans customer feedback to fix order inaccuracies proactively.
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People at Loop AI who can refer or advise you
Benefits
Health Insurance
401(k) Retirement Plan
Remote Work Options
Flexible Work Hours
Paid Vacation
Paid Holidays
Social Events
Company News
SAN FRANCISCO, March 12, 2024 (GLOBE NEWSWIRE) -- Loop, a leading SaaS provider enabling restaurants to maximize their third-party delivery service profitability, announced today that it has closed $6M in Seed funding
Sundar Annamalai and Vinod Pachipulusu about starting Loop as a virtual restaurant platform to help restaurants with their business.