How Much Did Loopit Raise?
Funding & Key Investors

Loopit, a prominent player in the Business Intelligence software landscape, has successfully secured a major strategic investment, bringing its total capital accumulation to $3.6M. This latest injection of $3.6M underscores the firm's robust growth trajectory and its increasing influence within the Australian technology ecosystem. By leveraging this influx of resources, the Sydney-based enterprise is well-positioned to accelerate its product development cycles and expand its market footprint in an increasingly data-driven global economy.

What is Loopit?

Loopit
SoftwareBusiness Intelligence (BI) Software

Operating under the corporate entity Blinker Subscription Pty Ltd, Loopit specializes in delivering sophisticated Business Intelligence solutions designed to optimize organizational decision-making. With a dedicated team of 20 to 49 professionals, the company has established a firm foothold in the competitive BI software market. Its current revenue profile, ranging between 1M and 5M, reflects a stable operational foundation that serves as a springboard for its next phase of enterprise-level scaling. The company's commitment to providing actionable insights through advanced analytics has made it a critical partner for organizations seeking to navigate complex data environments.

How much funding has Loopit raised?

Loopit has raised a total of $3.6M across 1 funding round:

2022

Angel/Seed

$3.6M

Angel/Seed (2022): $3.6M with participation from Upswell, Tidal Ventures, and Luxem Group

Key Investors in Loopit

Upswell

Upswell is a specialized firm providing data science and technology-driven analytics, offering advisory and strategic capital to high-growth startups and entrepreneurs.

Tidal Ventures

Tidal Ventures focuses on collaborative project development and community-integrated investment strategies, emphasizing long-term job creation and sustainable growth.

Luxem Group

Luxem Group is a private wealth management firm that provides diversified investment strategies across various business cycles, including growth and special situations.

What's next for Loopit?

With the successful closure of this major strategic investment, Loopit is poised to transition from its current operational stage toward a more aggressive market expansion strategy. The capital will likely be deployed to enhance the company's core software architecture, potentially integrating advanced machine learning capabilities to further differentiate its BI offerings. As the firm continues to scale, the focus will remain on strengthening its competitive advantage in the Australian market while exploring opportunities for international reach. Investors are closely monitoring how this infusion of capital will translate into increased market share and long-term value creation for stakeholders.

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Frequently Asked Questions Regarding Loopit Financial Insights

What are the most recent funding rounds that Loopit has completed, and what were the funding rounds?
Loopit has recently completed 1 funding rounds: Angel/Seed on Jun 27, 2022.
What is the total amount of funding Loopit has raised to date?
Loopit has raised a total of $3.6M in funding to date.
How many funding rounds has Loopit completed?
Loopit has completed 1 funding rounds.
How much funding did Loopit raise in its most recent funding round?
Loopit raised $3.6M in its most recent funding round.
Who are the lead investors in Loopit's latest funding round?
The lead investor in Loopit's latest funding round was Upswell. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Loopit's history?
The largest funding round in Loopit's history was $3.6M.
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