Loop - About the company
Loop is a series C company based in Chicago (United States), founded in 2021 by Matt McKinney. It operates as a Provider of a logistics data platform offering freight audit and visibility. Loop has raised $160M in funding from investors like Index Ventures, Founders Fund and J P Morgan. The company has 44 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like PayCargo, QuikQ and CargoSprint.
Company Details
Provider of a logistics data platform offering freight audit and visibility. The platform unifies shipment and tracking data, enabling logistics teams to operate efficiently. It offers features such as parcel contract intelligence and carrier payments. The platform provides tools for cost allocation, decision intelligence, and transportation network optimization.
- Website
- www.loop.com/
- Email ID
- *****@loop.com
Key Metrics
Founded Year
2021
Location
Chicago, United States
Stage
Series C
Total Funding
$160M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 44 active competitors
Employee Count
153 as on Mar 31, 2026
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Loop's funding and investors
Loop has raised a total funding of $160M over 4 rounds. Its first funding round was on 2021. Its latest funding round was a Series C round on Apr 17, 2026 for $*****. 7 investors participated in its latest round. Loop has 15 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Loop:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 17, 2026 | 9735269 | Series C | 1403741 | 3020749 | 6901653 | 1377058 |
Oct 03, 2023 | 3685868 | Series B | 9912984 | 1733347 | 8893837 | 1010346 |
Nov 03, 2022 | 1582857 | Series A | 9559907 | 9470772 |
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Loop's founders and board of directors
Founder? Claim ProfileThe founders of Loop is Matt McKinney. Matt McKinney is the CEO of Loop.
Here are the details of Loop's key team members:
- Matt McKinney: Co-Founder & CEO of Loop. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Loop's Founder profiles and Board Members
Loop's employee count trend
Loop has 153 employees as of Mar 26. Here is Loop's employee count trend over the years:
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Loop's Competitors and alternates
Top competitors of Loop include PayCargo, QuikQ and CargoSprint. Here is the list of Top 10 competitors of Loop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Loop 2021, Chicago (United States), Series C | Provider of a logistics data platform offering freight audit and visibility | $160M | 69/100 | |
2nd | PayCargo 2005, Coral Gables (United States), Series C | Provider of a platform for logistics vendors to manage payments | $290M | 61/100 | |
3rd | QuikQ 2008, Franklin (United States), Series B | Fuel payment solutions for the logistics industry | - | 49/100 | |
4th |  CargoSprint 2012, Peachtree City (United States), Acquired | Provider of solutions for cargo fee payments, appointments, and visibility | - | - | 47/100 |
5th | Supply chain solution and service provider | - | - | 43/100 | |
6th | Eximchain 2016, Boston (United States), Deadpooled | Provider of blockchain-based supply chain management solutions | $20M | 38/100 | |
7th | Global container logistics platform | - | 37/100 | ||
8th | BunkerEx 2017, London (United Kingdom), Acquired | Platform for bunker brokerage | $516K | 35/100 | |
9th | TranzAct 1984, Elmhurst (United States), Unfunded | Transportation spend management and supply chain solutions provider, optimizing logistics | - | - | 34/100 |
10th | Provider of billing, accounting, receivables management and factoring automation solutions for logistics | - | 34/100 |
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Loop's Investments and acquisitions
Loop has made no investments or acquisitions yet.
Reports related to Loop
Here is the latest report on Loop's sector:
News related to Loop
Media has covered Loop for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Loop Raises $95 Million To Strengthen AI Supply Chain PlatformVentureburn•Apr 17, 2026•Tao Capital Partners, Loop, J P Morgan, Valor Equity Partners and 6 others
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Loop Expands European Returns Capabilities with Sendcloud IntegrationBusiness Wire•Feb 04, 2026•Loop
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Loop and Global-e Partner to Simplify Cross-Border Returns for Merchants and ConsumersBusiness Wire•Feb 10, 2025•Loop Returns, Global-e, Loop
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Breakthrough Transportation Logistics Startup Loop Announces $35 Million Series BBusiness Wire•Oct 03, 2023•Loop, J.P. Morgan Asset Management, Index Ventures, Gillig Corporation and 2 others
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TouchMate teams with Loop, Smartify Media on EV charging kiosksDigital Signage Today•Jul 20, 2022•TOUCHMATE, Loop, Smartify Media
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