About The Closest Loop
The Closest Loop is a company based in Hamburg (Germany) founded in 2019. It operates as a D2C. The Closest Loop offers products and services including Le Gurque and Der Lappen. The Closest Loop operates in a competitive market with competitors including everdrop, Blaue Helden, Leifheit, MELLERUD and Simpleway, among others.
- Headquarter Hamburg, Germany
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Sectors
Consumer
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Website
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Products & Services of The Closest Loop
The Closest Loop offers a comprehensive portfolio of products and services, including Le Gurque and Der Lappen. 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.
Sustainable sponge made from Luffa for eco-friendly household cleaning.
Cloth from recycled materials for durable, plastic-free cleaning.
Funding Insights of The Closest Loop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by The Closest Loop
| 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 |
Financial Statements - The Closest Loop
| 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 |
The Closest Loop Comparisons
Competitors of The Closest Loop
The Closest Loop 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 everdrop, Blaue Helden, Leifheit, MELLERUD and Simpleway, 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 |
Manufacturer of eco-friendly household cleaning and personal care refill products
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| domain | founded_year | HQ Location |
Multi-category home care products are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Manufacturer of household products for cleaning, laundry care, kitchen, and wellbeing
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| domain | founded_year | HQ Location |
Multi-category home care products are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Automatic soap dispensers are distributed by an internet-first brand.
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| domain | founded_year | HQ Location |
Serves as a brand offering household cleaning products.
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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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Frequently Asked Questions about The Closest Loop
When was The Closest Loop founded?
The Closest Loop was founded in 2019.
Where is The Closest Loop located?
The Closest Loop is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
What does The Closest Loop do?
The Closest Loop focuses on sustainable household items like vegetable-based sponges and recycled cloths. These products are made in Germany using natural materials and recycling processes to reduce environmental impact. The company promotes plastic-free alternatives for cleaning, emphasizing local production and durability. Based in Germany, it serves individual consumers seeking eco-friendly options.
Who are the top competitors of The Closest Loop?
The Closest Loop's top competitors include everdrop, Leifheit and Blaue Helden.
What products or services does The Closest Loop offer?
The Closest Loop offers Le Gurque and Der Lappen.
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