What is Loop?
Loop LLC operates within the dynamic Oil & Energy industry, employing between 251 and 500 professionals. With an estimated revenue of $100M-$250M, the company is headquartered in Covington, Louisiana. Its operations are critical to the energy supply chain, and this recent capital infusion is expected to bolster its capacity and market reach.
How much funding has Loop raised?
Loop has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Loop
PPP
Public-Private Partnership
What's next for Loop?
The substantial enterprise-level backing positions Loop for significant strategic advancements. This investment will likely fuel operational scaling, technological innovation, and potential market penetration initiatives. As the company navigates its growth trajectory, its focus will be on leveraging this capital to solidify its competitive advantage and explore new opportunities within the energy landscape.
See full Loop company page