Loop Commerce's $16M Funding Comes With $136M Valuation
April 29, 2015
Loop Commerce has raised $16 million in VC funding led by Oren Zeev and Wicklow Capital; the financing values the e-gifting platform at $136 million. Loop's enterprise-grade SaaS solution integrates with retailers' online stores and backend systems to enable customers to select and send gifts to others for any occasion. Loop's previous equity raise brought in $5 million at a valuation of $52 million in late 2013.