Last deal

$16M

Amount

Series B

Stage

28.04.2015

Date

4

all rounds

$29.2M

Total amount

General

About Company
Loop Commerce offers an online gift-buying platform called GiftNow.

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founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Loop Commerce provides a solution that addresses the frustrations of buying gifts online by removing obstacles such as uncertainty about the recipient's preferences. Their platform, GiftNow®, allows buyers to purchase products from retailers' online stores without needing to know specific details about the gift recipient. This enhances the ecommerce experience for both customers and retailers by driving additional business, reducing returns and exchanges, and increasing customer loyalty. Loop Commerce has established partnerships with influential platforms and retailers and has received coverage from prominent news organizations.
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