LOOP

LOOP

Signal active

Organization

Contact Information

Overview

THE CAR INSURANCE INDUSTRY IS BROKEN

They charge you more based on things that have nothing to do with how you drive. They point to gender, job title, marital status and even your credit score—which is systematically biased against vulnerable communities and has nothing to do with how you drive. They don’t want to change the system. We do.

LOOP is different. We’re building fair, equitable, and affordable insurance based on how and where you drive. We put people first, treating our members with respect and dignity—making sure they can chat with an understanding person, not a frustrating bot. And as a B-Corp we’re committed to giving back and being a force for good in the world so we can uplift the communities impacted by systemic injustice. To us, that’s what it means to Drive Good.

About

Industries

Financial Services, Artificial Intelligence (AI), InsurTech, Insurance

Founded

2020

Employees

51-100

Headquarters locations

United States, North America

Social

N/A

Profile Resume

LOOP headquartered in United States, North America, operates in the Financial Services, Artificial Intelligence (AI), InsurTech, Insurance sector. The company focuses on Financial Services and has secured $1.6B in funding across 48 round(s). With a team of 51-100 employees, LOOP is actively contributing to advancements in Financial Services. Their latest funding round, Convertible Note - LOOP, raised $10.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace John Henry

John Henry

Cofounder & Co-CEO

Funding Rounds

Funding rounds

3

Investors

0

Lead Investors

0

Total Funding Amount

$34.3M

Details

2

LOOP has raised a total of $34.3M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2021Seed3.3M
2021Early Stage Venture21.0M

Investors

LOOP is funded by 30 investors.

Investor NameLead InvestorFunding RoundPartners
Concrete Rose Capital-FUNDING ROUND - Concrete Rose Capital21.0M
Brandon Hoffman-FUNDING ROUND - Brandon Hoffman21.0M
LOOP-FUNDING ROUND - LOOP21.0M
Diverse Angels-FUNDING ROUND - Diverse Angels21.0M

Recent Activity

There is no recent news or activity for this profile.