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Loop - About the company

Loop is a series A company based in Los Angeles (United States), founded in 2018 by Zack Martin, Dustin Cavanaugh and Frank Nau. It operates as an Online platform offering charging station network. Loop has raised $40M in funding from Agility and Fifth Wall. The company has 129 active competitors, including 26 funded and 8 that have exited. Its top competitors include companies like EV Connect, ChargePoint and Blink Charging.

Company Details

Online platform offering charging station network. It provides smart EV charging technology for public or private use in any commercial, or private property. It provides apps for both android and ios.
Social
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Email ID
*****@loopglobal.com
Phone Number
+1 **********
Key Metrics
Founded Year
2018
Location
Los Angeles, United States
Stage
Series A
Total Funding
$40M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
340 as on Dec 31, 2019
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Loop's funding and investors

Loop has raised a total funding of $40M over 2 rounds. Its first funding round was on Oct 03, 2022. Its latest funding round was a Series A round on Oct 03, 2022 for $*****. 3 investors participated in its latest round. Loop has 4 institutional investors.

Here is the list of recent funding rounds of Loop:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 03, 2022
9998326
Series A
5096061
4266423
8786953
1255959
Oct 03, 2022
4903118
Conventional Debt
1176043
8572982
5490132
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Loop's founders and board of directors

Founder? Claim Profile
The founders of Loop are Zack Martin, Dustin Cavanaugh and Frank Nau. Olga Shevorenkova is the CEO of Loop.
Here are the details of Loop's key team members:

Loop's employee count trend

Loop has 340 employees as of Dec 19. The total employee count is 13.0% more than what it was in Dec 18. Here is Loop's employee count trend over the years:
Employee count trend for Loop
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Loop's Competitors and alternates

Top competitors of Loop include EV Connect, ChargePoint and Blink Charging. Here is the list of Top 10 competitors of Loop, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EV Connect
EV Connect
2009, El Segundo (United States), Acquired
Platform for electric vehicle charging management
$49.9M
72/100
2nd
Logo for ChargePoint
ChargePoint
2007, Campbell (United States), Public
Platform offering cloud-enabled EV charging station network
$554M
70/100
3rd
Logo for Blink Charging
Blink Charging
2006, Miami Beach (United States), Public
Platform offering electric vehicle charging equipment and related services
$21.9M
68/100
4th
Logo for Electrify America
Electrify America
2016, Reston (United States), Series C
Provider of electric vehicle charging solutions
$450M
67/100
5th
Logo for Loop
Loop
2018, Los Angeles (United States), Series A
Online platform offering charging station network
$40M
65/100
6th
Logo for EVgo
EVgo
2010, Los Angeles (United States), Public
EV charging station operators
-
64/100
7th
Logo for EVCS
EVCS
2018, Arcadia (United States), Series A
Provider of a turnkey EV fast-charging network. It develops, installs, and operates public EV charging stations. The company offers subscription plans to lower the overall cost of EV ownership for drivers. A turnkey installation program is provided to site owners, eliminating upfront investment costs through government incentives and managing all project aspects. This approach generates new revenue streams for site owners while attracting EV drivers.
$28M
60/100
8th
Logo for EV Realty
EV Realty
2021, San Francisco (United States), Series C
Developer of grid-scale EV charging infrastructure for electrifying last-mile delivery and service fleets
$103M
60/100
9th
Logo for FreeWire
FreeWire
2014, Newark (United States), Series D
Developer of electric-vehicle charging solutions
$260M
57/100
10th
Logo for itselectric
itselectric
2021, Brooklyn (United States), Seed
Provider of curbside electric vehicle charging solutions utilizing existing building infrastructure
$11.5M
52/100
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Loop's Investments and acquisitions

Loop has made no investments or acquisitions yet.

Reports related to Loop

Here is the latest report on Loop's sector:

News related to Loop

Media has covered Loop for a total of 6 events in the last 1 year, 4 of them have been about partnerships and 2 about company updates.
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FAQs about Loop

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