Loco
About Loco
Loco is a company founded in 1995 was acquired by Redwood Technologies Group in September 2024.. Loco has raised $51 million across 2 funding rounds from investors including Pocket Aces, Redwood Technologies Group and Hashed.
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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
$51 M (USD)
in 2 rounds
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Latest Funding Round
$42 M (USD), Series A
Mar 10, 2022
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Investors
Pocket Aces
& 11 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Loco
Loco has successfully raised a total of $51M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $42 million completed in March 2022. 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 2
- Last Round Series A — $42.0M
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First Round
First Round
(28 Jun 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Series A - Loco | Valuation | Hashed | |
| Jun, 2021 | Amount | Seed - Loco | Valuation | Krafton |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Loco
Loco has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Pocket Aces, Redwood Technologies Group and Hashed. 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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Founded Year | Domain | Location | |
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Loco
| 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 - Loco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Loco Comparisons
Competitors of Loco
| 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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Frequently Asked Questions about Loco
When was Loco founded?
Loco was founded in 1995 and raised its 1st funding round 26 years after it was founded.
Is Loco a funded company?
Loco is a funded company, having raised a total of $51M across 2 funding rounds to date. The company's 1st funding round was a Seed of $9M, raised on Jun 28, 2021.
What does Loco do?
Limited information on core activities is available.
Who are Loco's investors?
Loco has 12 investors. Key investors include Pocket Aces, Redwood Technologies Group, Hashed, Makers Fund, and Krafton.