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How Much Did Loopit Raise?
Funding & Key Investors

Loopit has secured $3.6M in total funding, with its most recent capital injection of $3.6M announced as a major strategic investment. This enterprise-level funding round underscores the company's significant traction and potential within its market.

What is Loopit?

Loopit
SoftwareBusiness Intelligence (BI) Software

Loopit, operating within the Business Intelligence (BI) Software sector, is headquartered in Sydney, Australia. The company, which employs between 20 to 49 individuals and generates between $1M to $5M in revenue, focuses on providing advanced BI solutions. Its recent major strategic investment signals a pivotal moment for the company as it looks to scale its operations and enhance its product offerings in a competitive landscape.

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 firm dedicated to providing exceptional business services, leveraging data science and technology-driven analytics to empower startups, hedge funds, and corporations. Their startup solutions team offers advisory, business development, and strategic investments to emerging entrepreneurs.

Tidal Ventures

Tidal Ventures focuses on ensuring community and fisheries involvement in its projects, aiming to create direct and indirect jobs. They maintain open communication with local marine users and fishing communities through regular meetings and a dedicated Fisheries' Industry Representative.

Luxem Group

Luxem Group is a private wealth management company that aligns investor and portfolio company interests through strategic positioning and diversified investment opportunities. They invest across various company stages, including Angel and Growth, with a focus on technology-enabled companies.

What's next for Loopit?

The substantial enterprise-level funding and recent strategic investment indicate that Loopit is likely poised for a significant growth phase. This capital infusion is expected to fuel product development, market expansion, and potentially strategic acquisitions. The company's trajectory suggests a move towards scaling its business intelligence software solutions to a broader client base, solidifying its position in the market.

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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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