When was Loop Freight founded?

Loop Freight was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Loop Freight located?

Loop Freight is headquartered in Dhaka, Bangladesh.

Which legal entities is Loop Freight associated with?

Loop Freight is associated with LOOP FREIGHT PTE. LTD..

How many employees does Loop Freight have?

As of Aug 31, 2026, the latest employee count at Loop Freight is 43.

Is Loop Freight a funded company?

Loop Freight is a funded company, having raised a total of $672K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 19, 2019.

When was the latest funding round of Loop Freight?

Loop Freight's latest funding was a $***** Seed round on May 20, 2020, with participation from 1 investor.

Where does Loop Freight rank among its competitors?

Loop Freight ranks 2nd amongst 7 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Truck Lagbe, which secured an undisclosed amount in Jul, 2023.

Who are the top competitors of Loop Freight?

Loop Freight's top competitors include Truck Lagbe, eJogajog and Aespada. Among them, Truck Lagbe secured the most recent funding round in July, 2023.

Loop Freight - 2026 Company Profile, Team, Funding & Competitors

Loop Freight is a seed company based in Dhaka (Bangladesh), founded in 2018 by Rajib Das, Wasim Uz Zaman, Fahim Salam and Chris Li. It operates as an Offers freight pickup, transportation and management services. Loop Freight has raised $672K in funding from Anchorless Bangladesh and Accelerating Asia. The company has 7 active competitors, including 2 that are funded. Its top competitors include companies like Truck Lagbe, eJogajog and Aespada.

Company Details

Website: loopfreight.io
Social
Email ID: *****@loopfreight.io
Phone Number: +880 **********

Key Metrics

Founded Year

2018

Location

Dhaka, Bangladesh

Stage

Seed

Total Funding

$672K in 2 rounds

Latest Funding Round

Seed, May 20, 2020, $*****

Investors

Anchorless Bangladesh & 3 more

Ranked

2^nd among 7 active competitors

Employee Count

43 as on Aug 31, 2026

Similar Companies

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View Loop Freight's full profile

Loop Freight is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LOOP FREIGHT PTE. LTD. UEN: 201918378E , Singapore, Deadpooled	Jun 07, 2019	-	-

Loop Freight has raised a total funding of $672K over 2 rounds. Its first funding round was on Jun 19, 2019. Its latest funding round was a Seed round on May 20, 2020 for $*****. 1 investor participated in its latest round. Loop Freight has 4 institutional investors.

Here is the list of recent funding rounds of Loop Freight:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 20, 2020	6250397	Seed	9464478	3374722	4186690	4048803
Jun 19, 2019	7337789	Seed	7863447	4203512	Accelerating Asia	3240252

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View details of Loop Freight's funding rounds and investors

The founders of Loop Freight are Rajib Das, Wasim Uz Zaman, Fahim Salam and Chris Li.

Here are the details of Loop Freight's key team members:

Rajib Das: Co-Founder of Loop Freight and founder of 1 other company.
Contact Info: 1 email address
Wasim Uz Zaman: Co-Founder of Loop Freight.
Fahim Salam: Co-Founder of Loop Freight.
Chris Li: Co-Founder & CTO of Loop Freight.

View details of Loop Freight's Founder profiles and Board Members

Loop Freight's employee count trend

Loop Freight has 43 employees as of Aug 26. Here is Loop Freight's employee count trend over the years:

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Top competitors of Loop Freight include Truck Lagbe, eJogajog and Aespada. Here is the list of Top 10 competitors of Loop Freight, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Truck Lagbe 2016, Dhaka (Bangladesh), Series A	Online marketplace for trucking services	$5M	IFC, IDLC Finance & 14 others	53/100
2nd	Loop Freight 2018, Dhaka (Bangladesh), Seed	Offers freight pickup, transportation and management services	$672K	ADB Ventures, Anchorless Bangladesh & 2 others	36/100
3rd	eJogajog 2017, Dhaka (Bangladesh), Unfunded	Provider of an AI-based truck booking marketplace	-	-	29/100
4th	Aespada 2018, Singapore (Singapore), Unfunded	Digitalization of material logistics & workers for construction sites	-	-	28/100
5th	Fracht 2009, Riga (Latvia), Unfunded	Provides software for managing automotive transport	-	-	27/100
6th	Car Delivery Network 2008, Thame (United Kingdom), Unfunded	Provider of a cloud-based car delivery management app	-	-	24/100
7th	DigiTruck 2018, Dhaka (Bangladesh), Deadpooled	Offers a web-based marketplace for booking road freight transportation	-	-	17/100
8th	Cholo Transport Jashore (Bangladesh), Unfunded	Offers an app-based platform providing truck haulage services	-	-	16/100
9th	Ship and Carry 2019, Chattogram (Bangladesh), Deadpooled	Offers an app-based marketplace connecting shippers & carriers	-	-	16/100
10th	Freights 2018, Thessaloniki (Greece), Deadpooled	Online freight exchanging platform for carriers and freight forwarders	-	-	15/100