Loop: Scaling Across the Supply Chain With $95M Funding

Loop is expanding its platform and growing its team following a major fundraising push.

The AI platform will be able to advance its operational capabilities and attract new talent in order to consistently grow as a business.

Amid geopolitical uncertainty and greater pressure for procurement leaders to do more with less spend, Loop aims to introduce greater financial visibility and cost savings to organisations around the world.

An updated data foundation

Loop is a logistics data platform, utilising full-stack AI in order to unify shipment and tracking data to enable logistics teams to operate efficiently. The company turns fragmented data into a system with better visibility, stronger decision-making and increased cost control across finance, logistics and supply chain workflows. 

The company announced it has raised a US$95m Series C, which was led by Valor Equity Partners and the Valor Atreides AI Fund, with participation from 8VC, Founders Fund, Index Ventures, J.P. Morgan Growth Equity Partners, and Tao Capital Partners.

This will enable Loop to expand its platform across more enterprise use cases, invest in upcoming and established AI talent, as well as grow its product and engineering capabilities.

Organisations are in a period of constant volatility, caused by supplier diversification, tariffs and higher energy costs.

Ongoing geopolitical instability is driving market shifts, with fragmented data systems putting organisations at risk. Businesses are already facing issues with legacy systems, outdated information and limited visibility across finances and operations.

This all requires a more trustworthy data foundation which can ensure high operations and confident strategic decisions. 

“We see every day how much pressure companies are under to manage supply chains through constant disruption, and how often critical decisions are still being made on top of fragmented data and brittle systems,” says Matt McKinney, Loop CEO and Co-founder.

 “This investment lets us expand our platform and connect the financial and operational data that our customers need to make better decisions, faster.”

Reducing cost with Loop

AI deployment across supply chains can be difficult, as necessary data is fragmented across operations, with inconsistency across reporting. Many businesses fail to have a singular, cohesive platform of information, making it harder to apply AI to a beneficial degree.

As a result, it is more difficult for procurement leaders to measure cost-to-serve and make decisive action in an ever-changing environment. 

Loop is aiming to make it easier for procurement leaders to make these decisions by turning trapped operational data into an intelligent system which can be used across organisations and their operations.

Through its verticalised AI approach, Loop is focusing on back-office operations first, transforming siloed and fragmented data into something concrete and accessible. These fragmented operations often had a high economic impact on the company, with businesses losing money due to inefficient data. 

Through a restructure, Loop intends to help companies reduce cost, improve financial and network visibility and gain better control across their working capital. It is being implemented across new data types and use cases, helping with procurement, suppliers, trade and compliance, warehouse data and inbound logistics data.

Moreover, the aim is to strengthen connections across ERP, TMS, WMS and order-management systems. As a result, it intends to enable stronger financial decision-making, better visibility and tighter control. 

“Loop went deep into one of the hardest parts of the supply chain and turned it into an advantage for their customers,” adds Antonio Gracias, Founder, CEO, and Chief Investment Officer of Valor. 

“Through the AI systems they’ve built, they’re taking data that was previously fragmented and inaccessible and are turning it into intelligence that improves cost, processes and working capital. That foundation extends into other operational and financial functions, which is why Loop is positioned to become the intelligence layer of the entire supply chain.”

Expanding capabilities

Loop utilises DUX, a family of models and agents which are built to meet complex logistics and supply chain issues. It combines data, document and domain understanding in order to help Loop contextualise and act on data across a range of systems. According to Loop, it will provide customers with a more unified view of their supply chain, with stronger decision-making and a better foundation for automation implementation.

Through the funding, Loop can bring its capabilities to more organisations at a faster pace. It is currently working with brands such as Olipop, Outset Medical and Dot Foods. It states that it has already helped these clients improve visibility, reduce cost and create more scalable and reliable financial and operational foundations.

The new capital will be utilised to help the company grow its team and diversify use cases across the supply chain and logistics industry. Through this, it aims to become the foundational platform to help transform fragmented data into actionable strategy – particularly with financial and operational decision-making.