About Loyal
Loyal is a company based in Encinitas (United States) founded in 2020 by Allen Wolff, Tom Kenney, and Ray Green. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. Loyal has raised $31.97 million across 5 funding rounds from investors including Crosscut Ventures, Victory Park Capital Advisors and Tribeca Venture Partners. Loyal has completed 1 acquisition, including Slo Mo Video. Loyal offers products and services including Slo Mo Video, FitHer, FitHim, US Political News, and Wordswipe Connect. Loyal operates in a competitive market with competitors including Appfire, Sango Technologies, Mega Fortuna, Airspeed and DeepBlue Technology, among others.
- Headquarter Encinitas, United States
- Founders Allen Wolff, Tom Kenney, Ray Green
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Sectors
Business ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Loyal Foundry, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.97 M (USD)
in 5 rounds
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Latest Funding Round
$5.1 M (USD), Series A
Nov 30, 2023
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Investors
Crosscut Ventures
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Loyal
Loyal offers a comprehensive portfolio of products and services, including Slo Mo Video, FitHer, FitHim, US Political News, and Wordswipe Connect. 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.
Video editor for slow and fast motion effects.
Personalized workout plans for women to lose weight.
Custom workout plans for men over eight weeks.
Customizable feed for US political news updates.
Word game combining crossword and word search elements.
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Funding Insights of Loyal
Loyal has successfully raised a total of $31.97M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.1 million completed in November 2023. 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 — $5.1M
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First Round
First Round
(09 May 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Series A - Loyal | Valuation |
investors |
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| Mar, 2023 | Amount | Series A - Loyal | Valuation |
investors |
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| Jun, 2022 | Amount | Debt – Conventional - Loyal | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Loyal
Loyal has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Crosscut Ventures, Victory Park Capital Advisors and Tribeca Venture Partners. 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 |
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Blank check and private debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Early-stage VC firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Loyal
Loyal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Slo Mo Video. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Slow-motion video editing is enabled via a mobile app platform.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Loyal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Loyal Comparisons
Competitors of Loyal
Loyal 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 Appfire, Sango Technologies, Mega Fortuna, Airspeed and DeepBlue Technology, 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 |
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| domain | founded_year | HQ Location |
Mobile app development services are offered by Appfire.
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| domain | founded_year | HQ Location |
Application development services are provided to support business applications.
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| domain | founded_year | HQ Location |
Apps and games for mobile platforms are developed and published.
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| domain | founded_year | HQ Location |
Limited information available
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| domain | founded_year | HQ Location |
AI-based applications are developed using deep learning and machine vision.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Loyal
Frequently Asked Questions about Loyal
When was Loyal founded?
Loyal was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Loyal located?
Loyal is headquartered in Encinitas, United States. It is registered at Encinitas, California, United States.
Who is the current CEO of Loyal?
Tom Kenney is the current CEO of Loyal. They have also founded this company.
Is Loyal a funded company?
Loyal is a funded company, having raised a total of $31.97M across 5 funding rounds to date.
What does Loyal do?
Loyal is focused on acquiring mobile app publishers and enhancing their growth through advanced platforms. The company operates as a global mobile app and media entity, utilizing an AI Growth Platform for increased data and reach, a Marketing and Sales Platform for consumer value, and an expanding App Portfolio for scaled value creation. Sectors include health, fitness, news, sports, and gaming, with solutions aimed at app revenue scaling and portfolio consolidation.
Who are the top competitors of Loyal?
Loyal's top competitors include Mega Fortuna, Appfire and Socket Mobile.
What products or services does Loyal offer?
Loyal offers Slo Mo Video, FitHer, FitHim, US Political News, and Wordswipe Connect.
How many acquisitions has Loyal made?
Loyal has made 1 acquisition, including Slo Mo Video.
Who are Loyal's investors?
Loyal has 4 investors. Key investors include Crosscut Ventures, Victory Park Capital Advisors, Tribeca Venture Partners, and BlueRun Ventures.
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