About Loop Commerce
Loop Commerce is a Retail company based in San Francisco (United States) founded in 2012, and was acquired by Synchrony in May 2018. Customizable e-gifting SaaS platform is offered to retailers. It operates in the Retail and Financial Services sectors. Loop Commerce has raised $29 million across 4 funding rounds from investors including Synchrony, PayPal and Chegg. The company has 23 employees. The company was acqui-hired. Its focus areas include Consumer, Online Gifting, Enablers and Gift Cards. Its legal entity is Loop Commerce Inc. Its competitors include Tango Card, InComm and Blackhawk Network; 2 of its 3 listed competitors have raised funding.
Company details
Loop Commerce was founded in 2012 in San Francisco, United States, and operates in the e-commerce sector. An enterprise-grade SaaS solution is provided for e-gifting, integrating with retailers stores to enable gifting of all products. Recipient options for size, color, style, and delivery are handled without customer input. Analytics, behavioral economics-based recommendations, and targeted campaign management are also included in the platform.
- Headquarters San Francisco, United States
- Employees 23
- Stage Acquired
- SectorsRetailFinancial Services
- Website loopcommerce.com
- Social LinkedIn X Facebook
- Acquired by Synchrony (May 2018)
- Legal Name Loop Commerce Inc
Funding Insights of Loop Commerce
Loop Commerce has successfully raised a total of $29M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in April 2015. 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 $29M
- Total Rounds 4
- Last Round Series B — $16M
- First Round $1M
(Nov 2012)
- Investors Count 5
All 4 funding rounds of Loop Commerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
6 investors in total: 6 institutional.
Investors in Loop Commerce
Loop Commerce has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Synchrony, PayPal and Chegg.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are made by Zeev Ventures. | zeevventures.com | Palo Alto, United States | ||
Online payment solutions are offered to consumers and businesses. | 1998 | paypal.com | San Jose, United States | |
Rental books and homework help are provided to university students. | 2005 | chegg.com | Santa Clara, United States | |
Home design, decorating, and renovation platform is operated online. | 2009 | houzz.com | Palo Alto, United States | |
Internet first brand of casual and formal apparel wear for men and women | 1985 | global.tommy.com | New York, United States | |
Synchrony is engaged in providing credit cards and banking services. | 1993 | synchrony.com | Salem, United States |
Investor details for Loop Commerce
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- Complete investor list
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Timeline of Loop Commerce
4 dated milestones of Loop Commerce across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Loop Commerce is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $16.0M.
- Exit Acquired by Synchrony.
Competitors of Loop Commerce
Loop Commerce has 3 listed competitors in our database, 2 of them funded. They include Tango Card, InComm and Blackhawk Network.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tangocard.com | 2009 | Seattle, United States | $57.01M | 267 | Digital gift cards are provided for enterprise incentive programs. | |
| incomm.com | 1992 | Atlanta, United States | Prepaid products and payment services are provided globally. | |||
| blackhawknetwork.com | 2001 | Pleasanton, United States | $249,272 | 1,558 | Prepaid cards for employee financial benefits are provided. |
Detailed competitors of Loop Commerce
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Loop Commerce
Websites that share an audience with Loop Commerce (loopcommerce.com).
Websites whose visitors overlap most with Loop Commerce. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lollywollydoodle.com | 100% | View details | |||
| keep.com | 100% | 55K | #711,080 | View details | |
iconshoes.com | iconshoes.com | 87% | – | ||
| techcrunch.com | 70% | 8.3M | #10,239 | View details | |
| dvf.com | 68% | #239,876 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Loop Commerce
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Stationery, Gifting & Handicrafts E-Commerce
3 companies that operate in the same segment as Loop Commerce (Stationery, Gifting & Handicrafts E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | 355 | ||
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | 101 |
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Related news about Loop Commerce
Complete news archive for Loop Commerce
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Frequently Asked Questions about Loop Commerce
Loop Commerce was founded in 2012.
Loop Commerce is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Loop Commerce is a funded company, having raised a total of $29M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Nov 2012.
Loop Commerce has 23 employees.
Loop Commerce was founded in 2012 in San Francisco, United States, and operates in the e-commerce sector. An enterprise-grade SaaS solution is provided for e-gifting, integrating with retailers stores to enable gifting of all products. Recipient options for size, color, style, and delivery are handled without customer input. Analytics, behavioral economics-based recommendations, and targeted campaign management are also included in the platform.
Loop Commerce's top competitors include Tango Card, InComm and Blackhawk Network.
Loop Commerce has 6 investors. Key investors include Synchrony, PayPal, Chegg, Houzz, and Tommy Hilfiger.
Loop Commerce operates through Loop Commerce Inc.
Yes. Loop Commerce was acquired by Synchrony in May 2018.