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Loop raises $6M in Seed funding led by Base10 Partners to enhance third-party delivery profitability for restaurants.

PRIVATEMar 19, 2024

Amount Raised

$6 Million

Round Type

Seed

El SegundoTransportationSemiconductors

Investors

Afore CapitalBase10 Partners

Description

Loop has secured a $6 million Seed funding round led by Base10 Partners to further its mission of maximizing profitability for restaurants that use third-party delivery services. The company plans to invest in its suite of products, including features such as automated bookkeeping and store performance, to address the challenges presented by third-party delivery platforms.

Who else raised in Transportation and Semiconductors around the same time

Companies in the same sectors as Loop Global that raised within 45 days of this round, from Fundz verified event records.

  • Bolt raised $236M (Funding Round) on May 3, 2024.
  • Motional raised $923M (Funding Round) on May 2, 2024.
  • Portal Space Systems raised an undisclosed amount (Funding Round) on April 30, 2024.
  • LetsTransport raised $22M (Funding Round) on April 24, 2024.
  • Pipedream raised $13M (Seed) on April 24, 2024.
  • NEWTRUL raised $42M on April 24, 2024.

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Company Information

Company

Loop Global

Location

1700 E Walnut Ave

El Segundo, California, United States

About

At Loop, our team is building innovative infrastructure for the future of transportation.

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Related People

3 contacts
Verified contactsEsther S., Vice President & Head of Sales hidden hidden hiddenSee plans and pricing
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Loop Global raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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