About Loopfront
Loopfront is a Real Estate & Construction company based in Oslo (Norway) founded in 2018. It operates in the Real Estate & Construction, Retail, and Environment sectors. Loopfront has raised $6 million across 1 funding round from investors including ProVenture, Wiski Capital and Aidiom. The company has 12 employees. Loopfront offers products and services including Marketplace, Reports, Overview, and Interaction. Its focus areas include Real Estate and Construction Tech, Construction Tech, Building Materials and Reusable Building Materials Mapping. Its legal entity is LOOPFRONT AS. Its competitors include Material Mapper, Carlsen Fritzoe and Torn; 1 of its 3 listed competitors has raised funding.
Company details
Marketplace for procuring used building materials and furniture. It facilitates an internal marketplace for used materials, reports tracking, material tracking, collaboration, and planning.
- Headquarters Oslo, Norway
- Employees 12
- SectorsReal Estate & ConstructionRetail Environment
- Email••••••••
- Website loopfront.com
- Social LinkedIn Facebook Instagram
- Legal Name Loopfront As
- Annual Revenue$4.74 M (USD)8as on Dec 31, 2021
- Net Profit$569.88 K (USD)3095as on Dec 31, 2021
- EBITDA$570.58 K (USD)2952as on Dec 31, 2021
- Total Equity Funding$6M (USD)
in 1 rounds
- Latest Funding Round$6M (USD), Seed
Dec 2021
- InvestorsProVenture
& 2 more
- Employee Count12
Products & Services of Loopfront
Loopfront offers a comprehensive portfolio of products and services, including Marketplace, Reports, Overview, and Interaction.
Enables buying and selling of second-hand items to promote reuse.
Provides insights on savings in costs, CO2, and waste from reuse.
Helps track and manage reusable items to avoid new purchases.
Streamlines reuse in projects involving multiple stakeholders.
Funding Insights of Loopfront
Loopfront has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million completed in December 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 $6M
- Total Rounds 1
- Last Round Seed — $6M
- First Round $6M
(Dec 2021)
- Investors Count 3
All 1 funding rounds of Loopfront 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 |
|---|---|---|---|---|---|
| Dec 2021 | $6M | Seed | – | ProVenture |
3 investors in total: 3 institutional.
Investors in Loopfront
Loopfront has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ProVenture, Wiski Capital and Aidiom.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and energy investments are made primarily in Norway. | proventure.no | Trondheim, Norway | ||
Wiski Capital is focused on investing in Norwegian tech startups. | 2017 | wiski.no | Norway | |
Investments in AI-powered enterprise software are made by Aidiom. | aidiom.com | Oslo, Norway |
Investor details for Loopfront
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Loopfront
8 people are tracked at Loopfront (5 in leadership, 3 in team); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Dave Beirne | Senior Product Designer / Co-Founder | Leadership |
Jon Øyvind Eriksen | Non Executive Director | Leadership |
Michael Lommertz | Head of Circular Advisory Central Europe | Leadership |
Taru Limnell Holm | Chief Commercial Officer (CCO) | Leadership |
Vladislav Kazanskiy | Head Of Sales And Partnerships | Leadership |
Julius Petter Flem | Software Developer | Team |
Knut Sverre Westby | Key account manager | Team |
Klint Mane | Senior Software Engineer | Team |
Complete people profiles for Loopfront
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Loopfront
2 dated milestones of Loopfront across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Loopfront is founded.
- Funding First funding round of $6.0M.
Competitors of Loopfront
Loopfront has 3 listed competitors in our database, 1 of them funded. They include Material Mapper, Carlsen Fritzoe and Torn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| materialmapper.com | 2020 | Oslo, Norway | $1.17M | Reusable building materials are forecasted and mapped via AI analytics. | ||
| carlsenfritzoe.no | 1995 | Sandefjord, Norway | 24 | Multi-category building materials are sold via an online marketplace. | ||
| torn.no | 2020 | Oslo, Norway | Online retailer of building materials, tools, and home products in Norway. |
Detailed competitors of Loopfront
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Loopfront
The website of Loopfront (loopfront.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 0.6% vs previous month
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Frequently Asked Questions about Loopfront
Loopfront was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Loopfront is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Loopfront is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Seed of $6M, raised on Dec 2021.
Loopfront has 12 employees.
Annual revenue of Loopfront is $4.74M as on Dec 31, 2021.
Marketplace for procuring used building materials and furniture. It facilitates an internal marketplace for used materials, reports tracking, material tracking, collaboration, and planning.
Loopfront's top competitors include Carlsen Fritzoe, Material Mapper and Torn.
Loopfront offers Marketplace, Reports, Overview, and Interaction.
Loopfront has 3 investors. Key investors include ProVenture, Wiski Capital, and Aidiom.
Loopfront operates through Loopfront As.