Loom Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 200

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $886M

Loom General Information

Description

Developer of a work communication tool designed to get messages through instantly via shareable videos. The company's tool helps to capture, record, and narrate a video that can be instantly shared with a link without switching applications or uploading content, enabling business teams to communicate effectively.

Contact Information

Website
www.loom.com
Formerly Known As
Opentest
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 350 Bush Street, Floor 13
  • San Francisco, CA 94104
  • United States
+1 (630)
Primary Industry
Communication Software
Other Industries
Business/Productivity Software
Parent Company
Atlassian
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 350 Bush Street, Floor 13
  • San Francisco, CA 94104
  • United States
+1 (630)

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Loom Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 30-Nov-2023 $886M Completed Generating Revenue
8. Debt - General 13-Jan-2023 Completed Generating Revenue
7. Accelerator/Incubator Completed Generating Revenue
6. Later Stage VC (Series C) 20-May-2021 Completed Generating Revenue
5. Later Stage VC (Series B) 29-May-2020 Completed Generating Revenue
4. Early Stage VC (Series A) 26-Nov-2018 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2018 Completed Generating Revenue
2. Seed Round 22-May-2017 $3.75M $3.75M Completed Generating Revenue
1. Accelerator/Incubator 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
Series B+
Series B
Series A
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 to get messages through instantly via shareable videos. The company's to
Communication Software
San Francisco, CA
200 As of 2024

Cupertino, CA
 

El Segundo, CA
 
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Loom Competitors (32)

One of Loom’s 32 competitors is Moxo, a Venture Capital-Backed company based in Cupertino, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Moxo Venture Capital-Backed Cupertino, CA
Weavy Venture Capital-Backed El Segundo, CA
RingCentral Formerly VC-backed Belmont, CA
WeChat Corporation Shenzhen, China
Telegram Messenger Venture Capital-Backed Dubai, United Arab Emirates
You’re viewing 5 of 32 competitors. Get the full list »

Loom Patents

  • 16

    Total Documents Applications and Grants

  • Total Patents Families

  • 8

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Loom Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11755192-B1 Methods and systems for initiating a recording session in a graphical user interface by dragging a drag-to-record element Active 05-Jul-2022
WO-2024011095-A1 Methods and systems for recording a graphical element by dragging a drag-to-record element Inactive 05-Jul-2022
US-11785282-B1 Web-hosted video recording and associated systems and methods Active 07-May-2022
EP-4295366-A4 Instant video trimming and stitching and associated methods and systems Pending 11-Feb-2021
EP-3500941-A1 Methods and systems for instantaneous asynchronous media sharing Inactive 20-Sep-2016 H04N21/4334
To view Loom’s complete patent history, request access »

Loom Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Loom Former Investors (34)

Investor Name Investor Type Holding Investor Since Participating Rounds
10,000 Startups-NASSCOM Accelerator/Incubator
1517 Fund Venture Capital Minority
American Patent Agency Corporation Minority
Andreessen Horowitz Venture Capital Minority
Big Ideas Other
You’re viewing 5 of 34 investors. Get the full list »

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Loom FAQs

  • When was Loom founded?

    Loom was founded in 2015.

  • Where is Loom headquartered?

    Loom is headquartered in San Francisco, CA.

  • What is the size of Loom?

    Loom has 200 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 .

  • What is Loom’s current revenue?

    The current revenue for Loom is .

  • How much funding has Loom raised over time?

    Loom has raised $243M.

  • Who are Loom’s investors?

    10,000 Startups-NASSCOM, 1517 Fund, American Patent Agency, Andreessen Horowitz, and Big Ideas are 5 of 34 investors who have invested in Loom.

  • Who are Loom’s competitors?

    Moxo, Weavy, RingCentral, WeChat, and Telegram Messenger are some of the 32 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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