LoopNet - About the company
LoopNet is an acquired company based in San Francisco (United States), founded in 1995 by Dennis DeAndre. It operates as a Provider of commercial real estate listing platform. LoopNet has raised an undisclosed amount in funding. The company has 168 active competitors, including 9 funded and 9 that have exited. Its top competitors include companies like Square Yards, CoStar Group and CREXI.
Company Details
Provider of commercial real estate listing platform. It provides users with an online marketplace that enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant.
- Website
- loopnet.com
- Social
- Registered Address
- San Diego
Key Metrics
Founded Year
1995
Location
San Francisco, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
4th among 168 active competitors
Employee Count
2 as on Dec 31, 2024
Investment & Acquisitions
Exit Details
Acquired by CoStar Group (Apr 26, 2011)
Legal entities associated with LoopNet
LoopNet is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COSTAR REALTY INFORMATION, INC. CIN: 522134617 , United States, Active | Dec 31, 1999 | - | 5808 (As on Dec 31, 2024) | - |
LoopNet, Inc. CIN: 20101161036 , United States, Deadpooled | Mar 18, 2010 | $25M - $100M (As on Apr 21, 2009) | - | - |
LN Property s.r.o. CIN: 07377304 , Czech Republic, Active | Aug 17, 2018 | - | - |
LoopNet's acquisition details
LoopNet got acquired by CoStar Group on Apr 26, 2011 at an acquisition amount of $860M. It was facilitated by Davis Polk, J P Morgan, Evercore and 1 more.
Click here to take a look at LoopNet's acquisition in detail
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LoopNet's funding and investors
LoopNet has raised funding over 1 round. LoopNet has 10 institutional investors.
Here is the list of recent funding rounds of LoopNet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 14, 2009 | 6259307 | Post IPO | 4847208 | 8101852 | 1171669 | 7244713 |
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LoopNet's founders and board of directors
Founder? Claim ProfileThe founders of LoopNet is Dennis DeAndre.
Here are the details of LoopNet's key team members:
- Dennis DeAndre: Co-Founder of LoopNet.
View details of LoopNet's Founder profiles and Board Members
LoopNet's employee count trend
LoopNet has 2 employees as of Dec 24. Here is LoopNet's employee count trend over the years:
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LoopNet's Competitors and alternates
Top competitors of LoopNet include Square Yards, CoStar Group and CREXI. Here is the list of Top 10 competitors of LoopNet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1582547835384.png?devicePixelRatio=2&height=30&width=30){kind=logo} Square Yards 2014, Gurugram (India), Series B | Provider of integrated technology-driven real estate solutions for buying, selling and renting properties | $65.2M | 81/100 | |
2nd | CoStar Group 1987, Washington, DC (United States), Public | Parent company of commercial real estate solution provider | - | 71/100 | |
3rd | CREXI 2015, Los Angeles (United States), Series B | Commercial listing platform with listing management tools | $45.3M | 71/100 | |
4th | LoopNet 1995, San Francisco (United States), Acquired | Provider of commercial real estate listing platform | - | 63/100 | |
5th | 42Floors 2011, San Francisco (United States), Acquired | Online listing platform for commercial properties | $17.7M | 53/100 | |
6th |  Rudin 1925, New York City (United States), Unfunded | Online listing platform for real estate properties | - | - | 51/100 |
7th | Biproxi 2018, New York City (United States), Seed | Online listing platform for commercial properties | $10M | 43/100 | |
8th |  Lincoln Property 1965, Dallas (United States), Unfunded | Provider of a listing platform for residential and commercial properties | - | - | 40/100 |
9th | Storia 2013, San Francisco (United States), Funding Raised | Romanian real estate platform connecting buyers, renters, agents, and developers | - | 38/100 | |
10th |  Keyes 1926, Aventura (United States), Funding Raised | App-based listing platform for buying and selling properties | - | 38/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on LoopNet's competitors? Click here to see the top ones
LoopNet's Investments and acquisitions
LoopNet has made 1 investments in companies including AuctionPoint. LoopNet has also acquired 5 companies including Lands of America and BizQuest.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 14, 2010 | Acquisition | 2002 | Austin (United States) | |
Mar 17, 2010 | Investments | 2008 | Los Angeles (United States) | |
Jan 26, 2010 | Acquisition | 1994 | San Francisco (United States) |
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News related to LoopNet
Filter this listMedia has covered LoopNet for a total of 5 events in the last 1 year.
•
Marcus & Millichap Brokers Sale of Mixed-Use Property in La JollaShopping Center Business•Mar 03, 2026•Marcus& Millichap, LoopNet
•
•
CBRE Negotiates Sale of 43-Unit Multifamily Portfolio in NewarkBetter Built by Barnes•Oct 07, 2025•CBRE, LoopNet
•
Cbre Negotiates $10.2m Sale Of Northern New Jersey Office BuildingBetter Built by Barnes•Mar 18, 2025•CBRE, LoopNet
•
CBRE Brokers $23.5M Sale of Long Island Office BuildingBetter Built by Barnes•Nov 20, 2024•CBRE, LoopNet
•
Cushman & Wakefield to acquire its affiliate in FinlandNordic Property News•Nov 07, 2024•Cushman, LoopNet
•
Lee & Associates Brokers $16.5M Sale of Northern New Jersey WarehouseBetter Built by Barnes•Oct 25, 2024•Lee & Associates, LoopNet
•
Nouvini Property Investments Buys Long Island Retail Property For $3mBetter Built by Barnes•Sep 30, 2024•Nouvini, LoopNet, Triplenetbrokers
•
Devli Real Estate Acquires 176,000 Sf Distribution Center In Beacon Falls, ConnecticutBetter Built by Barnes•Jul 15, 2024•Devli, LoopNet
•
Aramark Refreshments signs office lease in Chamblee office parkThe Business Journals•Jul 04, 2024•Aramark, LoopNet
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