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.
- Website
- www.loom.com/
- Email ID
- *****@loom.com
- 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
Investors
Ranked
4th among 1273 active competitors
Employee Count
297 as on May 31, 2026
Exit Details
Acquired by Atlassian (Oct 12, 2023)
Legal entities associated with Loom
Loom is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOOM, INC CIN: 810775120 , United States, Active | Dec 26, 999 | - | 152 (As on Dec 31, 2023) | - |
Loom's acquisition details
Click here to take a look at Loom's acquisition in detail
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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:
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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 | - | - |
View details of Loom's funding rounds and investors
Loom's founders and board of directors
Founder? Claim ProfileThe founders of Loom are Joe Thomas and Vinay Hiremath.
Here are the details of Loom's key team members:
- Joe Thomas: Co-founder, CEO of Loom. They are also an angel investor in 13 startups and serve on the board of 1 company.
- Vinay Hiremath: Co-Founder, CTO of Loom. They are also an angel investor in 4 startups.
View details of Loom's Founder profiles and Board Members
Loom's employee count trend
Loom has 297 employees as of May 26. Here is Loom's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Software based Enterprise Unified Communications | - | 76/100 | ||
2nd | Vonage 2001, Holmdel (United States), Acquired | Provider of contact center business communication solutions | $645M | 74/100 | |
3rd | Cloud based platform for unified communication management | $1.01M | 74/100 | ||
4th | Loom San Francisco (United States), Acquired | Developer of software for recording and sharing screen video messages | $214M | 74/100 | |
5th | Cloud based employee communication platform provider | $102M | 74/100 | ||
6th | Goldcast 2020, Cambridge (United States), Acquired | Cloud based platform offering virtual event management solutions | $42M | 71/100 | |
7th | GoTo.com 1997, Los Angeles (United States), Series A | Cloud-based enterprise collaboration platform for web conferencing | $6M | 70/100 | |
8th | Enterprise employee communication platform | $35M | 70/100 | ||
9th | Signal 2018, Mountain View (United States), Seed | Provider of a platform for secure messaging | $50M | - | 70/100 |
10th | Bevy 2017, Palo Alto (United States), Series C | Virtual and in-person community events software platform | $61.4M | 69/100 |
Looking for more details on Loom's competitors? Click here to see the top ones
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
Media has covered Loom for 1 event in last 1 year, It was about company updates.
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Loom Reaches $50M in Total Volume Swapped While Still in AccessibilityGlobeNewswire•Jul 23, 2025•Loom
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Perelel Acquires LOOM, Expanding Women’s Health Education and SupportFemtech Insider•Oct 02, 2024•Perelel, Loom, LOOM
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Former Unicorn Loom acquired by Atlassian for $975 millionWebrazzi•Oct 12, 2023•Atlassian, Loom, Cleary Gottlieb
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Loom launches Loom AI Suite, redesigned recorder, Google integration, and moreFinancial Post•Aug 29, 2023•Loom, Google
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ConductorOne Raises Series A Funding to $27M, Unveils Identity Security PlatformSilicon Valley Journals•Aug 09, 2023•ConductorOne, DigitalOcean, Ramp, Loom and 1 other
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Captions Celebrates $25 Million In Series B Funding With A Launch Propelled By Stellar Reception On Apple App StoreBusiness Wire•Jun 22, 2023•Captions, Kleiner Perkins, Peak XV Partners, Andreessen Horowitz and 5 others
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