About Loom
Loom is a company based in San Francisco (United States) founded in 1944 by Joe Thomas was acquired by Atlassian in October 2023. Loom has raised $214.23 million across 9 funding rounds from investors including Atlassian, Tencent and Kleiner Perkins. Loom offers products and services including Loom Screen Recorder and Loom AI. Loom operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter San Francisco, United States
- Founders Joe Thomas
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Loom, Inc
-
Annual Revenue
$218.2 K (USD)15as on Dec 31, 2023
-
Net Profit
$40.52 K (USD)72as on Dec 31, 2023
-
EBITDA
Not available
-
Total Equity Funding
$214.23 M (USD)
in 9 rounds
-
Latest Funding Round
$130 M (USD), Series C
May 14, 2021
-
Investors
Atlassian
& 21 more
-
Employee Count
Not available
-
Acquired by
Atlassian
(Oct 12, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Loom
Loom offers a comprehensive portfolio of products and services, including Loom Screen Recorder and Loom AI.
Enables quick recording of screens and cameras for sharing.
Automatically improves videos and converts scripts to documents.
People of Loom
Unlock access to complete
Unlock access to complete
Funding Insights of Loom
Loom has successfully raised a total of $214.23M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $130 million completed in May 2021. 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.
Investors in Loom
Loom has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Atlassian, Tencent and Kleiner Perkins.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
|
Locked | Locked | Locked | |
|
Venture capital firm investing in early-stage tech startups
|
Locked | Locked | Locked | |
|
Sequoia Capital is engaged in venture capital investments.
|
Locked | Locked | Locked |
Investor details for Loom
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Loom
Investment portfolio details for Loom
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Loom
Detailed financials for Loom
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Loom Comparisons
Peer comparison for Loom
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Loom
Loom 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 RingCentral, Fuze, Webex, Weave and Mitel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud-based unified communication solutions are offered to diverse sectors.
|
|
| Locked | Locked | Locked |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
|
|
| Locked | Locked | Locked |
Solutions for virtual meetings and training sessions are provided.
|
|
| Locked | Locked | Locked |
Omnichannel software is delivered for customer engagement in healthcare businesses.
|
|
| Locked | Locked | Locked |
Unified communication platforms are managed via cloud-based systems.
|
|
| Locked | Locked | Locked |
Cloud-based employee communication platform is provided for internal collaboration.
|
Detailed competitors of Loom
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Loom
Complete news archive for Loom
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Loom
Loom was founded in 1944 and raised its 1st funding round 69 years after it was founded.
Loom is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Joe Thomas is the current CEO of Loom. They have also founded this company.
Loom is a funded company, having raised a total of $214.23M across 9 funding rounds to date.
Annual revenue of Loom is $218.2K as on Dec 31, 2023.
Loom was founded in 1944 in San Francisco, United States, within the video communication sector. A platform is provided for capturing and distributing screen, voice, and face recordings among teams, serving as an alternative to extended meetings. Key features encompass instant sharing and reactions to videos. Operations rely on a subscription-based pricing structure, supporting asynchronous collaboration across geographies.
Loom's top competitors include Webex, Bandwidth and RingCentral.
Loom offers Loom Screen Recorder and Loom AI.
Loom has 22 investors. Key investors include Atlassian, Tencent, Kleiner Perkins, Andreessen Horowitz, and Sequoia Capital.