About Loopie
Loopie is a Business Services company based in Seattle (United States) founded in 2018 by John Vincent Lee. Loopie has raised $1.08 million across 2 funding rounds from investors including Jason Calacanis. Loopie has completed 1 acquisition, including Bidbud. Its chief executive, as recorded, is John Vincent Lee. Its focus areas include Consumer, Professional Consumer Services, Local Services and Laundry. Its legal entity is Loopie, Inc. Its competitors include Rinse, Hampr and 2U Laundry; 3 of its 3 listed competitors have raised funding.
Company details
Provider of consumer laundry services. It offers laundry pickup and delivery service for customers. Users can order through their website or mobile app.
- Headquarters Seattle, United States
- Founders John Vincent Lee
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website loopielaundry.com
- Social LinkedIn X
- Legal Name Loopie, Inc.
- Annual Revenue$1.32 M (USD)65as on Dec 31, 2022
- Net Profit-$2.15 M (USD)-84as on Dec 31, 2022
- Total Equity Funding$1.08M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Seed
Jul 2022
- Investments & Acquisitions
Funding Insights of Loopie
Loopie has successfully raised a total of $1.08M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in July 2022. 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 $1.08M
- Total Rounds 2
- Last Round Seed — $1M
- First Round $75,000
(Feb 2020)
- Investors Count 1
All 2 funding rounds of Loopie 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 |
|---|---|---|---|---|---|
| Jul 2022 | $1M | Seed | – | – | |
| Feb 2020 | $75,000 | Seed | – | – | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Loopie
Loopie has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Jason Calacanis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JC Jason Calacanis | American angel investor, entrepreneur, and podcaster, active in Indian startups | unknown_bb9df858d7ed41639 |
Investor details for Loopie
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People of Loopie
1 people are tracked at Loopie (1 in leadership).
| Name | Role | Group |
|---|---|---|
John Vincent Lee | Co-Founder & CEO | Leadership |
Complete people profiles for Loopie
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Investments & Acquisitions by Loopie
Loopie has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bidbud.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Freelancer matching application | bidbudapp.com | Portland, United States | 2019 | Mar 2024 | •••• |
Complete acquisition details for Loopie
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Timeline of Loopie
4 dated milestones of Loopie across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Loopie is founded.
- Funding First funding round of $75K.
- Funding Latest funding round, Seed, of $1.0M.
- Acquisition Acquires Bidbud.
Competitors of Loopie
Loopie has 3 listed competitors in our database, 3 of them funded. They include Rinse, Hampr and 2U Laundry.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rinse.com | 2013 | San Francisco, United States | $46.5M | 114 | Rinse is operated as a laundry and dry cleaning delivery service. | |
| tryhampr.com | 2018 | Lafayette, United States | $11.11M | Laundry and dry cleaning services are delivered via mobile app. | ||
| 2ulaundry.com | 2015 | Charlotte, United States | $30.8M | 51 | Provider of an app-based platform for laundry and dry cleaning services |
Detailed competitors of Loopie
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Top companies in Professional Consumer Services
3 companies that operate in the same segment as Loopie (Professional Consumer Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Water treatment and hygiene solutions are provided for various industries. | 1998 | Fort Mill, South Carolina, United States | USD 486.9 M | USD 117.54 M | 491 | |
Hardware products are retailed through stores and online channels. | 1924 | Oak Brook, Illinois, United States | USD 516.88 M | 14,600 |
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Related news about Loopie
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Frequently Asked Questions about Loopie
Loopie was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Loopie is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
John Vincent Lee is the CEO of Loopie, as recorded in our data. They have also founded this company.
Loopie is a funded company, having raised a total of $1.08M across 2 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Feb 2020.
Annual revenue of Loopie is $1.32M as on Dec 31, 2022.
Provider of consumer laundry services. It offers laundry pickup and delivery service for customers. Users can order through their website or mobile app.
Loopie's top competitors include Rinse, 2U Laundry and Hampr.
Loopie has made 1 acquisition, including Bidbud.
Loopie has 1 investor. Key investors include Jason Calacanis.
Loopie operates through Loopie, Inc..