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
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Sectors
RetailEnvironment Chemicals & Materials
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$2.03 M (USD)
in 5 rounds
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Latest Funding Round
$1.88 M (USD), Series A
Feb 05, 2024
- Investors
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Employee Count
Not available
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Products & Services of Looptworks
Looptworks offers a comprehensive portfolio of products and services, including Fiber to Fiber Recycling and Downcycling.
Converts textile waste into new fibers for reuse in manufacturing.
Transforms materials into lower-grade products to minimize environmental impact.
People of Looptworks
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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.
Investors in Looptworks
Looptworks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Oregon Sports Angels.
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Investment and mentorship are provided to sports startups by Oregon Sports Angels.
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Investor details for Looptworks
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Investments & Acquisitions by Looptworks
Investment portfolio details for Looptworks
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Financial Statements - Looptworks
Detailed financials for Looptworks
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Looptworks Comparisons
Peer comparison for Looptworks
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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.
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Provider of sustainable material using methane-based greenhouse gases
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Carbon-fibre induced materials are supplied for fashion applications.
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Online retail platform offering fashion products for men and women
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Internet first brand offering apparel and accessories for men and women
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Bio-materials for textiles are produced from seaweed-based yarn.
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Ethical cotton apparel is manufactured and sold sustainably by Pact.
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Detailed competitors of Looptworks
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Latest news on Looptworks
Complete news archive for Looptworks
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Frequently Asked Questions about Looptworks
Looptworks was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Looptworks is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Scott Hamlin is the current CEO of Looptworks. They have also founded this company.
Looptworks is a funded company, having raised a total of $2.03M across 5 funding rounds to date.
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.
Looptworks's top competitors include Newlight Technologies, Carbitex and Keel Labs.
Looptworks offers Fiber to Fiber Recycling and Downcycling.
Looptworks has 1 investor. Key investors include Oregon Sports Angels.