About Loom.ai
Loom.ai is a company based in San Francisco (United States) founded in 2016 was acquired by Roblox in December 2020.. Loom.ai has raised $4.35 million across 2 funding rounds from investors including Roblox, Samsung Venture Investment and Coelius Capital. The company has 18 employees as of December 31, 2022. Loom.ai offers products and services including Loomie App, LoomieLive App, LoomieAssist App, Avatar SDK, and Video2Animation SDK. Loom.ai operates in a competitive market with competitors including Genies, DeepMotion, Didimo, Xmov and ObEN, among others.
- Headquarter San Francisco, United States
- Employees 18 as on 31 Dec, 2022
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Loomai
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Products & Services of Loom.ai
Loom.ai offers a comprehensive portfolio of products and services, including Loomie App, LoomieLive App, LoomieAssist App, Avatar SDK, and Video2Animation SDK. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for expressive avatars in messaging and social interactions.
App for integrating avatars into live streaming and conferencing.
App for virtual assistants using avatar technology.
SDK for creating customizable 3D avatars in applications.
SDK that converts video to animated avatars for real-time use.
SDK for animating avatars based on voice inputs.
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Software Development Team
86 people
Human Resources and Administration
46 people
Data Analysis and Operations Team
42 people
Creative and Marketing Team
30 people
Leadership Team
27 people
Sales and Marketing
25 people
Product Management Team
24 people
Operations Team
12 people
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Funding Insights of Loom.ai
Loom.ai has successfully raised a total of $4.35M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in May 2018. 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 Seed — $3.0M
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First Round
First Round
(13 Dec 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Seed - Loom.ai | Valuation | Samsung Venture Investment | |
| Dec, 2016 | Amount | Seed - Loom.ai | Valuation |
investors |
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Loom.ai
Loom.ai has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Roblox, Samsung Venture Investment and Coelius Capital. 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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Micro-venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Venture capital firm investing in global startups with a focus on innovation and business support.
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Founded Year | Domain | Location | |
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Early-stage VR/AR startups are funded by GFR Fund.
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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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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 Loom.ai
| 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 - Loom.ai
| 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 |
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Loom.Ai Comparisons
Competitors of Loom.ai
Loom.ai 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 Genies, DeepMotion, Didimo, Xmov and ObEN, 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 |
Mobile app and SDK for 3D avatar creation are provided.
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Digital characters for animation are created using deep learning technology.
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AI software is developed to generate real-time digital human doubles.
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AI-based virtual digital human infrastructure is provided for media applications.
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Photo-real 3D virtual avatar using AI
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Loom.Ai
Frequently Asked Questions about Loom.ai
When was Loom.ai founded?
Loom.ai was founded in 2016.
Where is Loom.ai located?
Loom.ai is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Loom.ai a funded company?
Loom.ai is a funded company, having raised a total of $4.35M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.35M, raised on Dec 13, 2016.
How many employees does Loom.ai have?
As of Dec 31, 2022, the latest employee count at Loom.ai is 18.
What does Loom.ai do?
Founded in 2016 in San Francisco, United States, Loom.ai operates in the AI and augmented reality sector. A mobile SDK is provided for generating and animating customized 3D avatars and facial rigs based on user-submitted photos. Deep learning is employed to replicate facial shapes, textures, and movements, with compatibility to third-party tracking tools. Applications span mobile messaging, entertainment, ARVR experiences, e-commerce, video conferencing, and broadcasting.
What products or services does Loom.ai offer?
Loom.ai offers Loomie App, LoomieLive App, LoomieAssist App, Avatar SDK, and 2 more products and services.
Who are Loom.ai's investors?
Loom.ai has 11 investors. Key investors include Roblox, Samsung Venture Investment, Coelius Capital, Dentsu Ventures, and GFR Fund.
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