Loop Payments

SoftwareSeries CChicago, USloop.com

Latest round

Series C

Last raised

Apr 2026

Total raised

$149M

Investors

15

About Loop Payments

a., operates as a developer of financial service software that offers payment solutions for logistics companies. Co-founded by CEO Matt McKinney and Shaosu Liu. In April 2026, Loop Payments, Inc.P. Morgan, Convoy, Loadsmart, Primo, and Gillig. The company provides a financial platform built on technology that instantly and accurately integrates data from freight artifacts, enabling third-party logistics businesses to coordinate their payment workflow through features such as early pay, extended payments, and revenue sharing. The platform also allows users to customize their payment process by optimizing invoice aging and setting payment preferences and thresholds. Loop uses NLP (natural learning processing) and computer vision artificial intelligence technology to extract data from documents to power an efficient payment process. Loop generates revenue by charging a percentage of total payment volume, which is a fixed percentage based on tier, and as a company advances tiers, the percentage they pay goes down.

Who invested in Loop Payments

15 investors across 4 rounds

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Funding rounds

  1. Series C

    Apr 17, 2026

    Amount

    $95M

    Investors

    Locked

  2. Series B

    Nov 16, 2023

    Amount

    $3.5M

    Investors

    Locked

  3. Series A

    Mar 30, 2023

    Amount

    $45M

    Investors

    Locked

  4. Seed

    Nov 3, 2022

    Amount

    $6M

    Investors

    Locked

Questions about Loop Payments

Who invested in Loop Payments?

Loop Payments has 15 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Loop Payments raised?

Loop Payments has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Loop Payments last raise money?

Loop Payments's most recent round on record is a Series C, in Apr 2026.

What does Loop Payments do?

Loop Payments is a software company.

Where is Loop Payments headquartered?

Loop Payments is headquartered in Chicago, US.

Which VCs invest in companies like Loop Payments?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Loop Payments's stage. Their profiles are linked below.

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