About Looptworks
Looptworks is a company based in Portland (United States) founded in 2009 by Scott Hamlin.. Looptworks has raised $2.03 million across 5 funding rounds from investors including Oregon Sports Angels. Looptworks offers products and services including Fiber to Fiber Recycling and Downcycling. Looptworks operates in a competitive market with competitors including Newlight Technologies, Carbitex, The House of LR&C, PLAE and Keel Labs, among others.
- Headquarter Portland, United States
- Founders Scott Hamlin
-
Sectors
RetailEnvironment Chemicals & Materials
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.03 M (USD)
in 5 rounds
-
Latest Funding Round
$1.88 M (USD), Series A
Feb 05, 2024
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Looptworks
Looptworks offers a comprehensive portfolio of products and services, including Fiber to Fiber Recycling and Downcycling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts textile waste into new fibers for reuse in manufacturing.
Transforms materials into lower-grade products to minimize environmental impact.
Unlock access to complete
Unlock access to complete
Funding Insights of Looptworks
Looptworks has successfully raised a total of $2.03M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.88 million completed in February 2024. 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 5
- Last Round Series A — $1.9M
-
First Round
First Round
(10 Sep 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Looptworks | Valuation |
investors |
|
| Apr, 2019 | Amount | Series A - Looptworks | Valuation | Oregon Sports Angels |
|
| Apr, 2018 | Amount | Debt – Conventional - Looptworks | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Looptworks
Looptworks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Oregon Sports Angels. 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 |
|---|---|---|---|---|
|
Investment and mentorship are provided to sports startups by Oregon Sports Angels.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Looptworks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Looptworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Looptworks Comparisons
Competitors of Looptworks
Looptworks 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 Newlight Technologies, Carbitex, The House of LR&C, PLAE and Keel Labs, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of sustainable material using methane-based greenhouse gases
|
|
| domain | founded_year | HQ Location |
Carbon-fibre induced materials are supplied for fashion applications.
|
|
| domain | founded_year | HQ Location |
Online retail platform offering fashion products for men and women
|
|
| domain | founded_year | HQ Location |
Internet first brand offering apparel and accessories for men and women
|
|
| domain | founded_year | HQ Location |
Bio-materials for textiles are produced from seaweed-based yarn.
|
|
| domain | founded_year | HQ Location |
Ethical cotton apparel is manufactured and sold sustainably by Pact.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Looptworks
Frequently Asked Questions about Looptworks
When was Looptworks founded?
Looptworks was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is Looptworks located?
Looptworks is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of Looptworks?
Scott Hamlin is the current CEO of Looptworks. They have also founded this company.
Is Looptworks a funded company?
Looptworks is a funded company, having raised a total of $2.03M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $75K, raised on Sep 10, 2014.
What does Looptworks do?
Looptworks was founded in 2009 in Portland, United States. An internet-first brand is operated, focusing on private-label handcrafted items made from recycled materials. The product range encompasses bags and backpacks, apparel, laptop and tablet cases, accessories, and wallets. A lifetime warranty is provided on all products, with sales conducted through the online domain looptworks.com.
Who are the top competitors of Looptworks?
Looptworks's top competitors include Newlight Technologies, Carbitex and Keel Labs.
What products or services does Looptworks offer?
Looptworks offers Fiber to Fiber Recycling and Downcycling.
Who are Looptworks's investors?
Looptworks has 1 investor. Key investors include Oregon Sports Angels.