About Loom
Loom is a Technology company based in San Francisco (United States) founded in 1944 by Vinay Hiremath and Shahed Khan, and was acquired by Atlassian in October 2023. Video based communication solution. Loom has raised $214.23 million across 9 funding rounds from investors including Atlassian, Tencent and Kleiner Perkins. The company has 295 employees. Loom was last valued at $975 million in December 2023. Its chief executive, as recorded, is Joe Thomas. Its website loom.com draws about 19.6 million monthly visits. Loom offers products and services including Loom Screen Recorder and Loom AI. Its focus areas include Enterprise Applications, Enterprise Collaboration, Meeting Collaboration and Meeting Recording. Its legal entity is LOOM, INC. Its competitors include RingCentral, Fuze and Webex; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Employees 295
- Founders Vinay Hiremath, Shahed Khan
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
- Email••••••••
- Website loom.com
- Social LinkedIn X
- Acquired by Atlassian (Oct 2023)
- Legal Name Loom, Inc
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.
Apps and channels of Loom
Loom publishes 1 mobile app.
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.
- Total Funding $214.23M
- Total Rounds 9
- Last Round Series C — $130M
- First Round $1.4M
(Oct 2013)
- Investors Count 27
All 9 funding rounds of Loom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $130M | Series C | – | a16z | |
| May 2020 | $23.48M | Series B | – | – | – |
| Oct 2019 | $30M | Series B | – | Sequoia Capital | |
| Feb 2019 | $11M | Series A | – | Ilya Fushman | |
| Dec 2018 | $10.7M | Series A | – | – | – |
| Jun 2018 | $4M | Seed | – | – | – |
| Nov 2017 | $2.3M | Seed | – | – | – |
| Dec 2016 | $1.35M | Seed | – | Y Combinator | – |
| Oct 2013 | $1.4M | Seed | – | Great Oaks Venture Capital, Tencent |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Loom
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Last known valuation $975M (Dec 2023). 27 investors in total: 19 institutional and 8 angel.
Investors in Loom
Loom has secured backing from 27 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. | a16z.com | |||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Provider of an investment platform for various stages | coatue.com | New York, United States | ||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | Cambridge, United States | ||
Provider of investment management and real asset services | iconiqcapital.com | San Francisco, United States | ||
Venture capital investments are directed toward marketplace and SaaS companies. | pointnine.com | Berlin, Germany | ||
Life-Sciences & Tech focused Seed-stage VC Firm investing in geographies such as the US | 1517fund.com | San Francisco, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Tech focused early-stage micro VC firm investing in the US | greatoaksvc.com | New York, United States |
Investor details for Loom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Loom
26 people are tracked at Loom (11 in leadership, 3 in board & advisors, 12 in team); the tracked headcount is 295.
| Name | Role | Group |
|---|---|---|
Joe Thomas | Co-founder, CEO | Leadership |
Vinay Hiremath | Founder | Leadership |
Shahed Khan | Founder | Leadership |
Parker Moquist | Chief of Staff | Leadership |
Emily Busse | Senior Director, Communications & Content | Leadership |
Christina White | VP, Design | Leadership |
Tessa Thorburn | Head Of Customer Success | Leadership |
Christina Nguyen White | Vice President, Design (acquired By Atlassian, Dec 2023) | Leadership |
Peter Sanderson | Chief Operating Officer | Leadership |
Marcel Sanchez | VP, Marketing | Leadership |
Jesse Feldman | Director Of Product Marketing (pmm) For Loom | Leadership |
Mike Krieger | Investor | Board & advisors |
Kevin Systrom | Investor | Board & advisors |
Mathilde Collin | Investor | Board & advisors |
Liz Novak | Sr. Customer Success Manager, Enterprise Onboarding | Team |
Julia Szatar | Senior Product Marketing Manager | Team |
Talley Mitchell | Scaled Customer Success Manager | Team |
Sean Thompson | Senior Principal Product Designer | Team |
Kristie Riojas | Product Marketing Manager | Team |
Ellie Eberly | Product Marketing, Pricing & Growth | Team |
6 more people are available in the full profile.
Complete people profiles for Loom
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Loom
5 dated milestones of Loom across 79 years, from founding to its latest funding, stage changes and deals.
- Founded Loom is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series C, of $130.0M.
- Milestone Reaches Unicorn status.
- Exit Acquired by Atlassian.
Competitors of Loom
Loom has 3 listed competitors in our database, 3 of them funded. They include RingCentral, Fuze and Webex.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ringcentral.com | 1999 | Belmont, United States | $44M | 4,084 | Cloud-based unified communication solutions are offered to diverse sectors. | |
| fuze.com | 2006 | Boston, United States | $542.81M | 771 | Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions. | |
| webex.com | 1995 | San Jose, United States | $25M | 26,200 | Solutions for virtual meetings and training sessions are provided. |
Detailed competitors of Loom
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Loom
The website of Loom (loom.com) receives about 19.6M visits a month and ranks #3,257 among all websites worldwide, #500 in Graphics Multimedia and Web Design.
- Monthly visits19.6M
▲ 10.1% vs previous month
- Unique visitors5.4M
per month
- Global rank#3,257
among all websites
- Category rank#500
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate55%
- Pages per visit3.1
- Average visit3 min 51 sec
- DevicesDesktop 83% · Mobile 17%
Websites whose visitors overlap most with Loom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fathom.video | 100% | 4.4M | #16,681 | View details | |
| canva.com | 97% | 876.1M | #35 | View details | |
| webflow.com | 89% | 7.3M | #6,070 | View details | |
| veed.io | 89% | 13.3M | #2,659 | View details | |
| supabase.com | 86% | 18.6M | #1,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Loom
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Verified entity values are shown only after access is granted.
Top companies in Enterprise Collaboration & Video Tools
3 companies that operate in the same segment as Loom (Enterprise Collaboration & Video Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | 2,555 | ||
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 |
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Related news about Loom
Complete news archive for Loom
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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 CEO of Loom, as recorded in our data.
Loom is a funded company, having raised a total of $214.23M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Oct 2013.
Loom has 295 employees.
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, RingCentral and Fuze.
Loom offers Loom Screen Recorder and Loom AI.
Loom has 27 investors. Key investors include Atlassian, Tencent, Kleiner Perkins, Andreessen Horowitz, and Sequoia Capital.
The valuation of Loom is $975M as of Dec 2023.
Loom operates through Loom, Inc.