Loop Commerce - About the company
Loop Commerce is an acqui-hired company based in San Francisco (United States), founded in 2012 by Roy Erez. It operates as an E-gifting Saas platform. Loop Commerce has raised $29M in funding from investors like PayPal, Houzz and Chegg. The company has 42 active competitors, including 8 funded and 8 that have exited. Its top competitors include companies like Tango Card, Blackhawk Network and InComm.
Company Details
Loop’s enterprise-grade, fully customizable e-gifting solution powers the shopping experience, checkout and e-gifting platform for the world’s top retailers. Its turnkey SaaS-based checkout solution integrates with a retailer’s store, allowing every available product giftable, without customer concerning product specifics, such as size, color, style or delivery preference, giving options to recipient of the gift. It also provides analytics, behavioral economics based recommendations and targeted campaign manager solutions.
- Website
- loopcommerce.com
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$29M in 4 rounds
Latest Funding Round
Ranked
8th among 42 active competitors
Employee Count
23 as on Dec 31, 2017
Legal entities associated with Loop Commerce
Loop Commerce is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Loop Commerce Inc CIN: 461190541 , United States, Active | Dec 31, 2011 | - | 23 (As on Dec 31, 2017) | - |
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Loop Commerce's funding and investors
Loop Commerce has raised a total funding of $29M over 4 rounds. Its first funding round was on Nov 06, 2012. Its latest funding round was a Series B round on Apr 28, 2015 for $*****. 5 investors participated in its latest round. Loop Commerce has 8 institutional investors.
Here is the list of recent funding rounds of Loop Commerce:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2015 | 3153551 | Series B | 9615864 | 8666458 | 7687186 | 4254050 |
Dec 10, 2013 | 2425917 | Series A | 5434539 | 4096368 | 9484732 | |
Nov 06, 2013 | 7049790 | Series A | 1512908 | 7932493 | 2154006 | 8733587 |
View details of Loop Commerce's funding rounds and investors
Loop Commerce's founders and board of directors
Founder? Claim ProfileThe founders of Loop Commerce is Roy Erez.
Here are the details of Loop Commerce's key team members:
- Roy Erez: Co-Founder & CEO of Loop Commerce.
View details of Loop Commerce's Founder profiles and Board Members
Loop Commerce's employee count trend
Loop Commerce has 23 employees as of Dec 17. The total employee count is 12.0% lower than what it was in Dec 16. Here is Loop Commerce's employee count trend over the years:
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Loop Commerce's Competitors and alternates
Top competitors of Loop Commerce include Tango Card, Blackhawk Network and InComm. Here is the list of Top 10 competitors of Loop Commerce, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tango Card 2009, Seattle (United States), Acquired | Digital gift card reward program | $57M | 68/100 | |
2nd | Blackhawk Network 2001, Pleasanton (United States), Acquired | Provider of financial benefits prepaids cards for employees | $249K | 62/100 | |
3rd | InComm 1992, Atlanta (United States), Late Stage | Prepaid products and payment service provider | - | 61/100 | |
4th | CashStar 2007, Portland (United States), Acquired | Digital Gifting & Incentives Company | $41M | 52/100 | |
5th | Tillo 2015, Austin (United States), Seed | Employee rewarding platform | $1.12M | 50/100 | |
6th | Openbucks 2011, London (United Kingdom), Acquired | Payment gateway solutions for merchants and aggregators | $4.8M | 45/100 | |
7th | Instagift 2001, Birmingham (United States), Seed | Provides Digital Gift Cards for businesses | $120K | 44/100 | |
8th | Loop Commerce 2012, San Francisco (United States), Acqui-Hired | E-gifting Saas platform | $29M | 39/100 | |
9th | YouWorld 2016, Ontario (United States), Series A | Gift card-based payment solutions for businesses | $7.7M | 38/100 | |
10th | PayGarden 2013, San Francisco (United States), Series A | Gift card-based payment for businesses | $7M | - | 37/100 |
Looking for more details on Loop Commerce's competitors? Click here to see the top ones
Loop Commerce's Investments and acquisitions
Loop Commerce has made no investments or acquisitions yet.
Reports related to Loop Commerce
Here is the latest report on Loop Commerce's sector:
News related to Loop Commerce
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Firmenich Announces Joint Investment in Green Packaging Pioneer LOOPPR Newswire•Jan 27, 2020•Firmenich, Quadia, P&G, Unilever and 5 others
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Loop Closes $10 Million Series A Funding RoundNewswire•Nov 12, 2019•Loop, FirstMark, Lerer Hippeau, Ridge Ventures and 2 others
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Kenneth Cole boosts digital shopping experience with enhanced giftingRetailCustomerExperience•Oct 25, 2018•Kenneth Cole Productions, Loop Commerce
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Synchrony to Acquire Loop Commerce to Transform Digital GiftingBusiness Wire•May 10, 2018•Synchrony Financial, Loop Commerce, Synchrony,
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Loop Commerce Raises $16 Million For Its “E-Gifting” Checkout Service For Online Retailers – TechCrunchTechCrunch+•Apr 28, 2015•Loop Commerce, PayPal, Chegg, Houzz and 2 others
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