# Loop Payments

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loop-payments

- Industry: Software
- Headquarters: Chicago, US
- Website: www.loop.com/
- Total disclosed funding: $149M
- Latest round: Series C (Apr 17, 2026)
- Investors on record: 15

## About

Based in Illinois, US, and founded in 2021, Loop Inc., f.k.a. Qualli Inc., 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. raised USD 95 million in series C funding led by Valor Equity Partners, with participation from another new investor Tao Capital Partners, 8VC, Founders Fund, Index Ventures, and JP Morgan Asset Management. Loop Inc.’s client base includes Great Dane, J.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. The company will use the April 2026 funding to hire engineering talent and further develop artificial intelligence systems that help customers predict and mitigate supply chain disruptions.

## Funding rounds

- Series C, Apr 17, 2026, $95M — Index Ventures, Valor Equity Partners, Founders Fund, JP Morgan Asset Management, Tao Capital Partners, 8VC
- Series B, Nov 16, 2023, $3.5M — Index Ventures, JP Morgan Asset Management
- Series A, Mar 30, 2023, $45M — Founders Fund
- Seed, Nov 3, 2022, $6M — Expa, Susa Ventures, 8VC, Oberndorf Ventures, 9Yards Capital, Saltwater, McVestCo VC, Four More Capital, Flexport Ventures, Lineage Ventures

## Investors

- Expa (https://capitalatlas.ai/funds/expa) — Seed
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed, Series C
- Oberndorf Ventures (https://capitalatlas.ai/funds/oberndorf-ventures) — Seed
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Seed
- Saltwater — Seed
- McVestCo VC — Seed
- Four More Capital (https://capitalatlas.ai/funds/four-more-capital) — Seed
- Flexport Ventures (https://capitalatlas.ai/funds/flexport-ventures) — Seed
- Lineage Ventures (https://capitalatlas.ai/funds/lineage-ventures) — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A, Series C
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series B, Series C
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B, Series C
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series C
- Tao Capital Partners (https://capitalatlas.ai/funds/tao-capital-partners) — Series C