LoopPay
Company

Last deal

Amount

Venture - Series Unknown

Stage

01.02.2016

Date

3

all rounds

$13M

Total amount

date founded

Financing round

General

About Company
LoopPay is a mobile payment provider that enables retail consumers to pay with their mobile phones.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Loop

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

LoopPay's platform offers an array of devices that match customers' phones and fit their lifestyles, including the LoopPay Fob, ChargeCase, CardCase, and Card, and allows all cards, including payment, gift, loyalty, reward, and IDs, to be stored in one place via the LoopPay app, which offers utmost convenience and security, as all data is password and PIN-protected.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Samsung Electronics

announced date

18.02.2015

Financials

Funding Rounds
4
3

Number of Funding Rounds

$13M

Money Raised

Their latest funding was raised on 01.02.2016. Their latest investor Beta Fund. Their latest round Venture - Series Unknown

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Investors
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Number of lead investors

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Investor 
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Round 
Partners 
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Series A
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Debt Financing
Yes
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People

Founders
2
George Wallner
George Wallner

George Wallner

current job

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count Of Investments

3

count Of Exists

2

George Wallner

Will Graylin
Will Graylin

Will Graylin

Will has built several successful companies in the mobile computing space. With his background in electrical engineering, computer science and psycho-acoustics (how humans perceive sound), he founded OnVocal to tackle the fundamental problems with how we hear and are heard when interacting with our smartphones and other devices. Founder CEO of LoopPay sold to Samsung, now Global Co-GM Samsung Pay; Board of Directors Synchrony (SYF NYSE); MIT Connection Science Fellow; Founder/CEO of: ROAM Data (sold to Ingenico); WAY System (sold to Verifone); EntitleNet (sold to BEA/Oracle); MIT Dual Masters; Nuclear Submarine Officer;

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Employee Profiles
15
Jeff Gower

Jeff Gower

EVP Sales and Services

Will Graylin

Will Graylin

Co-Founder & CEO

George Wallner

George Wallner

Co-Founder & CTO

Activity

Recent News
0