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Loop - About the company

Loop is a series B company based in Mumbai (India), founded in 2018 by Mayank Madhav Kale, Ryan Singh and Amrit Singh. It operates as a Provider of group health insurance and preventive employee wellness programs. Loop has raised $40.9M in funding from investors like General Catalyst, Elevation Capital and Y Combinator, with a current valuation of $*****. The company has 1110 active competitors, including 248 funded and 141 that have exited. Its top competitors include companies like Hinge Health, Oscar and Ekincare.

Company Details

Provider of group health insurance and preventive employee wellness programs. Services include the administration of health insurance policies and the facilitation of virtual medical consultations. Additional offerings consist of wellness sessions covering nutrition, physical activity, and mental health support. The business provides tools for managing employee benefits and tracking health data to assist in the implementation of preventive care strategies.
Social
XFacebook
Email ID
*****@loophealth.com
Phone Number
+91 **********
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Series B
Total Funding
$40.9M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 09, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
409 as on May 31, 2026
Similar Companies
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Loop's funding and investors

Loop has raised a total funding of $40.9M over 5 rounds. Its first funding round was on Mar 17, 2020. Its latest funding round was a Series B round on Apr 19, 2022 for $*****. 6 investors participated in its latest round. Loop has 13 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Loop:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 19, 2022
5528141
Series B
8342930
8565909
9279594
7521376
Sep 30, 2021
9103728
Series A
1311873
8903280
1391382
Dec 02, 2020
6029847
Seed
7190144
9011341
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Loop's founders and board of directors

Founder? Claim Profile
The founders of Loop are Mayank Madhav Kale, Ryan Singh and Amrit Singh. Mayank Madhav Kale is the CEO of Loop.
Here are the details of Loop's key team members:

Loop's Board of Directors

Loop's board has 3 active members. Mayank Madhav Kale and Ryan P Singh are part of team and Madhav Nivrutti Kale is independent board member.
Here is the list of Loop's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 3m
gf{rboa
Team
-
Past
2y 6m
ogqgfvw
Independent board member
-
Past
4y 3m

Loop's employee count trend

Loop has 409 employees as of May 26. The total employee count is 21.0% more than what it was in May 25. 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 Hinge Health, Oscar and Ekincare. 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 Hinge Health
Hinge Health
2015, San Francisco (United States), Public
Provider of virtual physical therapy and digital pain care solutions
$854M
84/100
2nd
Logo for Oscar
Oscar
2012, New York City (United States), Public
Provider of health insurance plans offering virtual and in-person medical care
$1.63B
81/100
3rd
Logo for Ekincare
Ekincare
2015, Hyderabad (India), Series B
Provider of employee health benefits platform offering health and wellness programs
$28M
79/100
4th
Logo for Sharecare
Sharecare
2010, United States, Acquired
Provider of health and wellness social network for employees
$64M
79/100
5th
Logo for Castlight
Castlight
2008, San Francisco (United States), Acquired
Cloud-based healthcare information on providers and pricing for enterprises
$181M
76/100
6th
Logo for Optum
Optum
2008, Chennai (India), Acquired
Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services
-
75/100
7th
Logo for Sword Health
Sword Health
2015, New York (United States), Series E
Provider of AI-powered digital physical therapy and pelvic health solutions
$450M
75/100
8th
Logo for Wellhub
Wellhub
2012, New York City (United States), Series F
Cloud based corporate wellness program for employee health, productivity, and retention
$85M
75/100
9th
Logo for HealthEquity
HealthEquity
2002, Draper (United States), Public
Employee benefits management platform for individuals and businesses
$15.3M
74/100
10th
Logo for Accolade
Accolade
2007, Plymouth Meeting (United States), Acquired
Cloud-based platform for employee health benefits
$228M
74/100
84th
Logo for Loop
Loop
2018, Mumbai (India), Series B
Provider of group health insurance and preventive employee wellness programs
$40.9M
55/100
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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

lockFilter this list
Media has covered Loop for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Loop Health’s $25 Million Series B FinancingGlobal Legal Chronicle•Apr 22, 2022•Loop, General Catalyst, Elevation Capital, Khosla Ventures and 2 others
•
Loop and HROne join hands to revolutionize HR SolutionsAsian News International•Mar 10, 2022•Loop, HROne
•
Loop rebrands with a new ad campaign featuring Kunal KapoorAsian News International•Mar 03, 2022•Loop
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FAQs about Loop

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