Loom

Private

LondonConsumer & Commercehttps://www.theloomapp.com/

Last Round

M&A

Nov 30, 2023

Est. Valuation

$975M

Total Funding Raised

$203.55M

Company Overview

Loom is a fashion technology company that provides an upcycling platform connecting individuals with a community of designers to transform existing garments into unique, sustainable creations.

Sector

Consumer & Commerce

Verticals

Fashion & Beauty, Circular Economy, E-commerce, Retail Technology

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS

AI Layer

Application

Keywords

clothing upcyclingcircular fashionsustainable fashionfashion marketplaceclothing redesignupcycling appgarment tailoringsustainable clothingESG solutionstextile waste reductionB2B upcyclingslow fashionthrift flipenvironmental social governanceESG

Historical Pricing

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Caplight Momentum Score

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Loom Comps

Public and private peers based on sector, stage, and business model.

Loom comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Loom Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
M&A	Nov 30, 2023
Series C	May 20, 2021
Series B Extension	May 28, 2020
Series B	Nov 27, 2019
Series A	Feb 19, 2019
Seed	May 1, 2017

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Loom Investors

Notable investors and investment history

Loom investors
Investor	Rounds
Andreessen Horowitz	Series C
Point Nine	Series A, Seed
1517 Fund	Series A, Seed
Sequoia Capital	Series C, Series B Extension, Series B
Venture Highway	Series B Extension, Series C, Series A, Seed
RTAventures	Seed
Y Combinator	Seed

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Market signals

Structured signals derived from secondary market and firmographic data.

May 1, 2017
$3.2M round led by General Catalyst and Point Nine.
Oct 1, 2016
$600K round led by 1517 Fund.

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Loom Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Loom Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLondon

Employee Range8

Year Founded2022

Last FundingNov 30, 2023

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