About Loop Commerce
Loop Commerce is a company based in San Francisco (United States) founded in 2012 was acquired by Synchrony in May 2018.. Loop Commerce has raised $29 million across 4 funding rounds from investors including Synchrony, PayPal and Chegg. The company has 23 employees as of December 31, 2017. Loop Commerce operates in a competitive market with competitors including Tango Card, InComm, Blackhawk Network, CashStar and Tillo, among others.
- Headquarter San Francisco, United States
- Employees 23 as on 31 Dec, 2017
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Sectors
RetailFinancial Services
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Phone
*********
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Website
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Social
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- Legal Name Loop Commerce Inc
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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 Total Funding
- Total Rounds 4
- Last Round Series B — $16.0M
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First Round
First Round
(06 Nov 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2015 | Amount | Series B - Loop Commerce | Valuation | PayPal , Chegg | |
| Dec, 2013 | Amount | Series A - Loop Commerce | Valuation |
investors |
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| Nov, 2013 | Amount | Series A - Loop Commerce | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 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. 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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Investments in early-stage startups are made by Zeev Ventures.
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Founded Year | Domain | Location | |
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Online payment solutions are offered to consumers and businesses.
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Founded Year | Domain | Location | |
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Rental books and homework help are provided to university students.
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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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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 Loop Commerce
| 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 - Loop Commerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Loop Commerce Comparisons
Competitors of Loop Commerce
Loop Commerce 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 Tango Card, InComm, Blackhawk Network, CashStar and Tillo, 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 |
Digital gift cards are provided for enterprise incentive programs.
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| domain | founded_year | HQ Location |
Prepaid products and payment services are provided globally.
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| domain | founded_year | HQ Location |
Prepaid cards for employee financial benefits are provided.
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| domain | founded_year | HQ Location |
Digital gifting and incentives are facilitated by CashStar for retailers.
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| domain | founded_year | HQ Location |
Employee rewarding platform
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| domain | founded_year | HQ Location |
Digital gift cards are supplied to businesses through white-label software.
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| 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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Latest news on Loop Commerce
Frequently Asked Questions about Loop Commerce
When was Loop Commerce founded?
Loop Commerce was founded in 2012.
Where is Loop Commerce located?
Loop Commerce is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Loop Commerce a funded company?
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 Series A of $7M, raised on Nov 06, 2012.
How many employees does Loop Commerce have?
As of Dec 31, 2017, the latest employee count at Loop Commerce is 23.
What does Loop Commerce do?
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.
Who are the top competitors of Loop Commerce?
Loop Commerce's top competitors include Tango Card, Tillo and InComm.
Who are Loop Commerce's investors?
Loop Commerce has 6 investors. Key investors include Synchrony, PayPal, Chegg, Houzz, and Tommy Hilfiger.
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