About LoopNet
LoopNet is a publicly listed company based in San Francisco (United States) founded in 1995, and was acquired by CoStar Group in April 2011. Commercial real estate properties are listed via an online marketplace. LoopNet has completed 5 acquisitions, including BizBuySell, BizQuest and City Feet. Its website loopnet.com draws about 11.7 million monthly visits. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech and Listings.
Company details
LoopNet was founded in 1995 in San Francisco, United States, and operates within the commercial real estate sector. An online platform is maintained to facilitate listings of properties for sale or lease. Detailed information is submitted by agents representing owners and landlords to connect with potential buyers or tenants. The service supports transactions across various commercial property types in the U.S. market.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Real Estate
- Website loopnet.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by CoStar Group (Apr 2011)
- Latest Funding Round$50M (USD), Post-IPO
Apr 2009
- Investors
- Investments & AcquisitionsBizBuySell
& 4 more
- Acquired byCoStar Group
(Apr 2011)
Apps and channels of LoopNet
LoopNet publishes 2 mobile apps with over 500K+ downloads; its YouTube channel LoopNet has 2.15K subscribers and 30 videos.
Videos from LoopNet
The most watched videos on LoopNet's YouTube channel, LoopNet (2.15K subscribers). Click a video to play it here.
More on LoopNet.
Funding Insights of LoopNet
- Total Rounds 1
- Last Round Post-IPO — $50M
- First Round $50M
(Apr 2009)
All 1 funding rounds of LoopNet 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 |
|---|---|---|---|---|---|
| Apr 2009 | $50M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in LoopNet
LoopNet has secured backing from 1 investor. Prominent investors backing the company include CoStar Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial real estate information and marketplaces are provided through subsidiaries. | 1987 | costargroup.com |
Investor details for LoopNet
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
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People of LoopNet
515 people are tracked at LoopNet (174 in leadership, 7 in board & advisors, 334 in team).
| Name | Role | Group |
|---|---|---|
Brad Case | Chief Residential Economist, Homes.com | Leadership |
Matthew Green | Managing Director, CoStar Europe | Leadership |
Corey Durant | Vice President Of Research | Leadership |
Jorge Recinos | Director, Digital Advertising | Leadership |
Fred G. Saint | President, Marketplaces | Leadership |
Frank Simuro | CTO | Leadership |
Michael Desmarais | Chief Human Resources Officer | Leadership |
Robin Rossmann | Managing Director | Leadership |
Kira Anderson | Head Of Executive Recruiting | Leadership |
Brandon Rogers | Associate, Office Of The CEO | Leadership |
Alanna Krauth | Senior Sales Director | Leadership |
Geoff Angell | Director Of Product Management | Leadership |
Sasha Goldstein | Regional Sales Director - Loopnet & Ten-x | Leadership |
Colton Frame | Director Of Quality | Leadership |
Shannon Wegman | Senior Director, MLS Operations (data Compliance And Industry Partnerships) | Leadership |
William Owens | Senior Director, Financial Transformation | Leadership |
Adam Homze | Director Of Software Engineering | Leadership |
Dana Lockett | Senior Director Recruiting Operations And Quality | Leadership |
Sean King | Director Software Engineering | Leadership |
Marvin Fuentes | Vice President Sales | Leadership |
495 more people are available in the full profile.
Complete people profiles for LoopNet
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.
IPO & Listings of LoopNet
LoopNet is a publicly listed company on the NASDAQ with ticker symbol LOOP in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 Jun 2006
- Listed onNASDAQ: LOOP
- Listed entityLoop Industries, Inc.
- Exchange sectorProcess industries
Investments & Acquisitions by LoopNet
LoopNet has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BizBuySell, BizQuest and City Feet.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Listing platform for rural properties. | landsofamerica.com | Austin, United States | 2002 | Sep 2010 | •••• | |
BizQuest is operated as an online marketplace for buying and selling businesses. | bizquest.com | San Francisco, United States | 1994 | Jan 2010 | •••• | |
Provider of brokerage services for buying, selling and renting commercial properties | reapplications.com | San Diego, United States | 1999 | Apr 2008 | $9.4M | |
Commercial real estate listings are facilitated through an online portal. | cityfeet.com | San Francisco, United States | 1998 | Aug 2007 | $15M | |
Businesses are listed and sold via an online marketplace platform. | bizbuysell.com | San Francisco, United States | 1996 | Oct 2004 | •••• |
Complete acquisition details for LoopNet
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of LoopNet
9 dated milestones of LoopNet across 16 years, from founding to its latest funding, stage changes and deals.
- Founded LoopNet is founded.
- Acquisition Acquires BizBuySell.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires City Feet.
- Acquisition Acquires REApplications.
- Funding First funding round of $50.0M.
- Acquisition Acquires BizQuest.
- Acquisition Acquires Lands of America.
- Exit Acquired by CoStar Group.
Web traffic of LoopNet
The website of LoopNet (loopnet.com) receives about 11.7M visits a month and ranks #4,116 among all websites worldwide, #103 in Real Estate.
- Monthly visits11.7M
▲ 12.1% vs previous month
- Unique visitors4.5M
per month
- Global rank#4,116
among all websites
- Category rank#103
Business and Consumer Services · Real Estate
- Bounce rate46%
- Pages per visit5.7
- Average visit4 min 23 sec
- DevicesDesktop 49% · Mobile 51%
Websites whose visitors overlap most with LoopNet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| showcase.com | 100% | 623.1K | #77,186 | View details | |
| cityfeet.com | 96% | 522.8K | #89,645 | View details | |
| crexi.com | 92% | 4.5M | #10,273 | View details | |
| costar.com | 90% | #10,763 | View details | ||
| zillow.com | 89% | 321.9M | #68 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for LoopNet
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as LoopNet (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Related news about Loopnet
Complete news archive for LoopNet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about LoopNet
LoopNet was founded in 1995 and raised its 1st funding round 14 years after it was founded.
LoopNet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
LoopNet was founded in 1995 in San Francisco, United States, and operates within the commercial real estate sector. An online platform is maintained to facilitate listings of properties for sale or lease. Detailed information is submitted by agents representing owners and landlords to connect with potential buyers or tenants. The service supports transactions across various commercial property types in the U.S. market.
Yes, LoopNet is publicly traded on NASDAQ under the ticker symbol LOOP.
LoopNet has made 5 acquisitions, including BizBuySell, BizQuest, and City Feet.
LoopNet has 1 investor. Key investors include CoStar Group.
Yes. LoopNet was acquired by CoStar Group in April 2011.
Yes. LoopNet publishes LoopNet Real Estate and 1 more app, with over 500,000 downloads.
The website of LoopNet receives about 11.7 million visits a month and ranks #4,116 among all websites worldwide.