# Loopster

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loopster

- Industry: Internet
- Headquarters: Newport, UK
- Website: www.loopster.co.uk
- Total disclosed funding: $0.5M
- Latest round: Seed (Jun 12, 2020)
- Investors on record: 1

## About

Loopster Limited is a digital content creation company that specializes in video editing and management solutions aimed at enhancing production workflows for diverse users, from amateurs to professionals.Loopster Limited, founded in 2017 in Newport, UK, provides innovative video editing solutions. The company has successfully completed 2 deals, with the most recent deal occurring on December 9, 2021, when it was acquired by Diem Group Ltd from Development Bank of Wales. The company has raised a total of GBP 0.360 mn through its SEED funding round, achieving a current valuation of GBP 1.159 mn.Loopster focuses on delivering innovative solutions in the digital content creation and management space, particularly through its core product offerings that streamline video editing and sharing processes. Their flagship platform caters to a diverse range of users, facilitating seamless video production workflows. It enables users to edit, collaborate, and distribute video content efficiently, providing tools for real-time feedback and analytics. Loopster targets markets in North America and Europe, addressing the growing demand for high-quality video content in sectors such as marketing, education, and entertainment, serving small to medium-sized enterprises (SMEs) and larger organizations.Loopster generates revenue primarily through a subscription-based model, offering various pricing tiers tailored to clients' needs. This model facilitates recurring revenue while allowing customers to select plans that accommodate their operational scale. The company engages in B2B partnerships, enabling larger enterprises to integrate Loopster's solutions into their existing digital ecosystems. Clients typically enter into agreements detailing services provided, including access to premium features and customer support, reflecting the value of its trademarked features.Looking ahead, Loopster Limited is focused on expanding its product offerings and market presence. The company plans to launch new features and enhancements to its platform, although specific release dates have not been disclosed. Moreover, it aims to enter new markets, targeting regions such as Asia-Pacific by late 2023. The recent funding round will be utilized to support these growth initiatives, particularly in product development and market expansion efforts.

## Funding rounds

- Seed, Jun 12, 2020, $0.5M — Development Bank of Wales

## Investors

- Development Bank of Wales (https://capitalatlas.ai/funds/development-bank-of-wales) — Seed