About Hitloop
Hitloop is a company based in Italy founded in 2019 by Sandeep Konam.. Hitloop has raised $7.52 million across 1 funding round from investors including Felicis Ventures. Hitloop operates in a competitive market with competitors including Appen, LangChain, Together AI, InstaDeep and Imbue, among others.
- Headquarter Italy
- Founders Sandeep Konam
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.52 M (USD)
in 1 rounds
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Latest Funding Round
$7.52 M (USD), Series A
Aug 24, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Hitloop
Hitloop has successfully raised a total of $7.52M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.52 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $7.5M
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First Round
First Round
(24 Aug 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - Hitloop | Valuation | Felicis Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hitloop
Hitloop has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Felicis Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hitloop
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hitloop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hitloop Comparisons
Competitors of Hitloop
Hitloop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Appen, LangChain, Together AI, InstaDeep and Imbue, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Human-annotated datasets for AI training are provided.
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Developer of tools for building, testing, and deploying AI agent applications
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| domain | founded_year | HQ Location |
AI research and model development services
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| domain | founded_year | HQ Location |
AI and cloud-based automation solutions are provided for organizational optimization.
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| domain | founded_year | HQ Location |
Imbue is focused on building AI-driven coding environments.
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| domain | founded_year | HQ Location |
AI-based solutions are provided for creating customized visual content.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hitloop
Frequently Asked Questions about Hitloop
When was Hitloop founded?
Hitloop was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Hitloop located?
Hitloop is headquartered in Italy.
Is Hitloop a funded company?
Hitloop is a funded company, having raised a total of $7.52M across 1 funding round to date. The company's 1st funding round was a Series A of $7.52M, raised on Aug 24, 2023.
What does Hitloop do?
Hitloop was founded in 2019 in Italy as a provider of artificial intelligence and machine learning solutions. The platform is designed to deliver technologies in speech, language, vision, and multi-modal deep learning. Services encompass data annotation, comparison, segmentation, and categorization, supporting operations within the technology sector across Europe.
Who are the top competitors of Hitloop?
Hitloop's top competitors include Bria, LangChain and Together AI.
Who are Hitloop's investors?
Hitloop has 1 investor. Key investors include Felicis Ventures.