Loom.ai - About the company
Loom.ai is an acquired company based in San Francisco (United States), founded in 2016 by Mahesh Ramasubramanian. It operates as a Platform to create avatars for applications in AR, VR, gaming, and messaging. Loom.ai has raised $5.9M in funding from Samsung Venture Investment. The company has 127 active competitors, including 22 funded and 7 that have exited. Its top competitors include companies like Genies, Ready Player Me and DeepBrain.
Company Details
LoomAI develops a mobile solution for building and animating personalized 3D avatars. Products include an SDK that allows the user to create a fully automatic, personalized 3D avatar and facial rig, using a photograph. Claims to use deep learning that recreates the user's likeness in shape, texture, and movement. By using facial expressions and movement, users can animate the 3D avatar. The technology is compatible with multiple third-party real-time facial feature tracking solutions, as well. Applications are in the areas of mobile messaging, entertainment, AR/VR, e-commerce, video conferencing, broadcasting etc.
- Website
- loomai.com/news
- Email ID
- *****@loomai.com, *****@loomai.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Acquired
Total Funding
$5.9M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 127 active competitors
Employee Count
18 as on Dec 31, 2022
Exit Details
Acquired by Roblox (Dec 14, 2020)
Legal entities associated with Loom.ai
Loom.ai is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOOMAI CIN: 475530749 , United States, Active | Dec 26, 999 | - | 18 (As on Dec 31, 2019) | - |
Loom.ai's acquisition details
Loom.ai got acquired by Roblox on Dec 14, 2020.
Click here to take a look at Loom.ai's acquisition in detail
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Loom.ai's funding and investors
Loom.ai has raised a total funding of $5.9M over 2 rounds. Its first funding round was on Dec 13, 2016. Its latest funding round was a Seed round on May 03, 2018 for $*****. 8 investors participated in its latest round. Loom.ai has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Loom.ai:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 03, 2018 | 8414436 | Seed | 4496491 | 8059747 | 9685795 | 3541751 |
Dec 13, 2016 | 4536846 | Seed | 1293772 | 7236072 | 1125320 |
View details of Loom.ai's funding rounds and investors
Loom.ai's founders and board of directors
Founder? Claim ProfileThe founders of Loom.ai is Mahesh Ramasubramanian.
Here are the details of Loom.ai's key team members:
- Mahesh Ramasubramanian: Co-Founder & CEO of Loom.ai and founder of 1 other company. Contact Info: 1 email address
View details of Loom.ai's Founder profiles and Board Members
Loom.ai's employee count trend
Loom.ai has 18 employees as of Dec 22. The total employee count is 6.0% more than what it was in Dec 21. Here is Loom.ai's employee count trend over the years:
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Loom.ai's Competitors and alternates
Top competitors of Loom.ai include Genies, Ready Player Me and DeepBrain. Here is the list of Top 10 competitors of Loom.ai, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Genies 2011, Los Angeles (United States), Series C | Developer of tools for creating customizable, intelligent, and dynamic characters | $276M | 75/100 | |
2nd | Ready Player Me 2020, Tallinn (Estonia), Acquired | Provider of AI-powered 3D avatar modeling tools for the metaverse | $69M | 65/100 | |
3rd | Loom.ai 2016, San Francisco (United States), Acquired | Platform to create avatars for applications in AR, VR, gaming, and messaging | $5.9M | 59/100 | |
4th | DeepBrain 2016, Palo Alto (United States), Series B | Provider of AI video generation, dubbing, translation, and editing tools | $52M | 57/100 | |
5th | ObEN 2014, Pasadena (United States), Series A | Photo-real 3D virtual avatar using AI | $23.8M | 54/100 | |
6th | AKOOL 2021, Palo Alto (United States), Seed | AI-powered platform offering video editing solutions | $40M | 54/100 | |
7th | Digitalhumans 2010, Austin (United States), Series A | AI-based digital human platform | $10M | 54/100 | |
8th | Reallusion 1993, San Jose (United States), Funding Raised | Its Silicon Valley-based subsidiary to serve the international market as a premier 3D software developer | - | 51/100 | |
9th | Rapport 2019, Edinburgh (United Kingdom), Unfunded | Developer of an interactive platform for AI avatar role-playing scenarios | - | 50/100 | |
10th | Common Ground 2019, Tel Aviv (Israel), Acquired | Cloud-based platform for meeting management | $44M | 48/100 |
Looking for more details on Loom.ai's competitors? Click here to see the top ones
Loom.ai's Investments and acquisitions
Loom.ai has made no investments or acquisitions yet.
Reports related to Loom.ai
Here is the latest report on Loom.ai's sector:
News related to Loom.ai
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Loom.ai Secures $3M Seed Round From Samsung Venture Investment CorporationBusiness Wire•May 03, 2018•Loom.ai (Acquired by Roblox), Dentsu Ventures, GFR Fund, Presence Capital and 6 others
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