Loom Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 258

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $886M

  • Investors
  • 1

Loom General Information

Description

Developer of a work communication tool designed for people to get their messages through instantly shareable videos. The company's tool helps users capture, record, and narrate a video that can be instantly shared with a link without switching applications or uploading content, enabling business teams to share and record nearly one million videos every month.

Contact Information

Website
www.loom.com
Formerly Known As
Opentest
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 5214F Diamond Heights Boulevard
  • Suite 3391
  • San Francisco, CA 94131
  • United States
+1 (630) 000-0000
Primary Industry
Communication Software
Other Industries
Business/Productivity Software
Parent Company
Atlassian
Vertical(s)
SaaS, Ephemeral Content
Corporate Office
  • 5214F Diamond Heights Boulevard
  • Suite 3391
  • San Francisco, CA 94131
  • United States
+1 (630) 000-0000

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Loom Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 30-Nov-2023 $886M 00000 00000 Completed Generating Revenue
5. Debt - General 13-Jan-2023 0000 00000 Completed Generating Revenue
4. Later Stage VC (Series C) 20-May-2021 00000 00000 00.000 Completed Generating Revenue
3. Later Stage VC (Series B) 29-May-2020 000.00 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 26-Nov-2018 $10.7M $14.5M 0000 Completed Generating Revenue
1. Seed Round 22-May-2017 $3.75M $3.75M 0000 Completed Generating Revenue
To view Loom’s complete valuation and funding history, request access »

Loom Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C 0,000,000 00.000000 000.00 000.00 00 000.00 0.00
Series B+ 0,000,000 00.000000 00.00 00.00 00 00.00 0.00
Series B 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Seed-2 4,291,248 $0.000010 $0.14 $0.14 1x $0.14 4.54%
Seed-1 8,413,620 $0.000010 $0.37 $0.37 1x $0.37 8.9%
To view Loom’s complete cap table history, request access »

Loom Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a work communication tool designed for people to get their messages through instantly shareable videos. The
Communication Software
San Francisco, CA
258 As of 2023
00000
00000 0000-00-00
000000&0 00000

00000

sectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore m
0000000000000 000000
San Francisco, CA
0000 As of 0000
00.000
000.00 0000-00-00
000000&0 00.000

000000

r sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut lab
0000000000000 000000
Shenzhen, China
0000 As of 0000
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Loom Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Slack Formerly VC-backed San Francisco, CA 0000 00.000 000000&0 00.000
WeChat Corporation Shenzhen, China 0000
Ecamm Corporation Andover, MA 00
Moxo Venture Capital-Backed Cupertino, CA 000 0000 000000 - 000 0000
Hike Venture Capital-Backed New Delhi, India 000 00000 00000000000 00000
You’re viewing 5 of 18 competitors. Get the full list »

Loom Patents

  • 11

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 6

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

Loom Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3500941-A1 Methods and systems for instantaneous asynchronous media sharing Inactive 20-Sep-2016 00000000000
EP-3500941-A4 Methods and systems for instantaneous asynchronous media sharing Inactive 20-Sep-2016 00000000000 0
CA-2907269-C Hollow light guide luminaire Active 07-Oct-2015 00000000
CA-2907269-A1 Hollow light guide luminaire Active 07-Oct-2015 00000000
US-10508789-B2 Hollow light guide luminaire Active 07-Oct-2015 F21V7/0091 0
To view Loom’s complete patent history, request access »

Loom Executive Team (7)

Name Title Board Seat
Joseph Thomas Jr. Co-Founder & Chief Executive Officer
Anique Drumright Chief Operating Officer
Vinay Hiremath Co-Founder & Chief Technology Officer
Lili Peng Vice President, Finance
You’re viewing 4 of 7 executive team members. Get the full list »

Loom Board Members (5)

Name Representing Role Since
Andrew Reed Sequoia Capital Board Member 000 0000
Ilya Fushman Ph.D Kleiner Perkins Board Member 000 0000
Monica Desai Weiss Self Board Observer 000 0000
Trevor Oelschig General Catalyst Board Member 000 0000
You’re viewing 4 of 5 board members. Get the full list »

Loom Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Loom Former Investors (25)

Investor Name Investor Type Holding Investor Since Participating Rounds
1517 Fund Venture Capital Minority 000 0000 000000 0
American Patent Agency Corporation Minority 000 0000 000000 0
Andreessen Horowitz Venture Capital Minority 000 0000 000000 0
Ashton Kutcher Angel (individual) Minority 000 0000 000000 0
Brian Balfour Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 25 investors. Get the full list »

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Loom FAQs

  • When was Loom founded?

    Loom was founded in 2015.

  • Who is the founder of Loom?

    Joseph Thomas Jr., Vinay Hiremath, and Shahed Khan are the founders of Loom.

  • Who is the CEO of Loom?

    Joseph Thomas Jr. is the CEO of Loom.

  • Where is Loom headquartered?

    Loom is headquartered in San Francisco, CA.

  • What is the size of Loom?

    Loom has 258 total employees.

  • What industry is Loom in?

    Loom’s primary industry is Communication Software.

  • Is Loom a private or public company?

    Loom is a Private company.

  • What is the current valuation of Loom?

    The current valuation of Loom is 00000.

  • What is Loom’s current revenue?

    The current revenue for Loom is 00000.

  • How much funding has Loom raised over time?

    Loom has raised $243M.

  • Who are Loom’s investors?

    1517 Fund, American Patent Agency, Andreessen Horowitz, Ashton Kutcher, and Brian Balfour are 5 of 25 investors who have invested in Loom.

  • Who are Loom’s competitors?

    Slack, WeChat, Ecamm, Moxo, and Hike are some of the 18 competitors of Loom.

  • When was Loom acquired?

    Loom was acquired on 30-Nov-2023.

  • Who acquired Loom?

    Loom was acquired by Atlassian.

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