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Loom - About the company

Loom is an acquired company based in San Francisco (United States), founded by Joe Thomas and Vinay Hiremath. It operates as a Developer of software for recording and sharing screen video messages. Loom has raised $214M in funding from investors like Y Combinator, Andreessen Horowitz and Sequoia Capital, with last known valuation of $975M. The company has 1273 active competitors, including 168 funded and 147 that have exited. Its top competitors include companies like Unify, Vonage and Mitel.

Company Details

Developer of software for recording and sharing screen video messages. This application enables users to capture screen activity and camera footage for communication purposes. The software includes editing tools for trimming clips and adding visual annotations. It integrates with various productivity platforms to facilitate the distribution of video content. Users can manage privacy settings and access transcripts for recorded media. The system supports the creation of documentation and technical reports by converting video content into written formats.
Social
X
Email ID
*****@loom.com
Part Of
Registered Address
San Francisco, California
Key Metrics
Location
San Francisco, United States
Stage
Acquired
Total Funding
$214M in 9 rounds
Latest Funding Round
Last Known Valuation
$975M as on Oct 12, 2023
Ranked
Employee Count
297 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Atlassian (Oct 12, 2023)

Loom's acquisition details

Loom got acquired by Atlassian on Oct 12, 2023 at an acquisition amount of $*****.
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Loom's funding and investors

Loom has raised a total funding of $214M over 9 rounds. Its first funding round was on Oct 04, 2013. Its latest funding round was a Series C round on May 14, 2021 for $130M. 6 investors participated in its latest round. Loom has 18 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Loom:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 14, 2021
$130M
Series C
$1.53B
8072.6x
May 20, 2020
$23.5M
Series B
-
-
-
-
Oct 01, 2019
$30M
Series B
-
-
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Loom's founders and board of directors

Founder? Claim Profile
The founders of Loom are Joe Thomas and Vinay Hiremath.
Here are the details of Loom's key team members:

Loom's employee count trend

Loom has 297 employees as of May 26. Here is Loom's employee count trend over the years:
Employee count trend for Loom
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Loom's Competitors and alternates

Top competitors of Loom include Unify, Vonage and Mitel. Here is the list of Top 10 competitors of Loom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Unify
Unify
2008, Munich (Germany), Acquired
Software based Enterprise Unified Communications
-
76/100
2nd
Logo for Vonage
Vonage
2001, Holmdel (United States), Acquired
Provider of contact center business communication solutions
$645M
74/100
3rd
Logo for Mitel
Mitel
1973, Ottawa (Canada), Acquired
Cloud based platform for unified communication management
$1.01M
74/100
4th
Logo for Loom
Loom
San Francisco (United States), Acquired
Developer of software for recording and sharing screen video messages
$214M
74/100
5th
Logo for LumApps
LumApps
2012, Tassin la Demi Lune (France), Acquired
Cloud based employee communication platform provider
$102M
74/100
6th
Logo for Goldcast
Goldcast
2020, Cambridge (United States), Acquired
Cloud based platform offering virtual event management solutions
$42M
71/100
7th
Logo for GoTo.com
GoTo.com
1997, Los Angeles (United States), Series A
Cloud-based enterprise collaboration platform for web conferencing
$6M
70/100
8th
Logo for Poppulo
Poppulo
1996, Cork (Ireland), Acquired
Enterprise employee communication platform
$35M
70/100
9th
Logo for Signal
Signal
2018, Mountain View (United States), Seed
Provider of a platform for secure messaging
$50M
-
70/100
10th
Logo for Bevy
Bevy
2017, Palo Alto (United States), Series C
Virtual and in-person community events software platform
$61.4M
69/100
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Loom's Investments and acquisitions

Loom has made no investments or acquisitions yet.

Reports related to Loom

Here is the latest report on Loom's geography:

News related to Loom

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Media has covered Loom for 1 event in last 1 year, It was about company updates.
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FAQs about Loom

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