# Loup

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

- Industry: Transportation Services
- Headquarters: San Francisco, US
- Website: www.loupapp.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Dec 2, 2014)
- Investors on record: 2

## About

Loup is a transportation service specializing in optimized circular routes, offering a premium experience with amenities for urban dwellers. It serves as a convenient alternative to traditional public transport, enhancing the travel experience.Loup is engaged in providing a unique transportation solution that operates through optimized circular paths, featuring designated pick-up and drop-off points. Founded by Dean Pavitt, the company is headquartered in San Francisco, US. On December 2, 2014, Loup secured USD 1.5 mn in Seed funding from investors including Obvious Ventures and Ridge Ventures, totaling USD 1.5 mn raised to date.Loup offers a unique transportation service that operates along optimized circular paths between neighborhoods, facilitating designated pick-up and drop-off spots primarily for casual encounters. This service functions similarly to a bus route, providing a more comfortable, convenient, and reliable alternative to traditional public transportation methods. Loup vehicles are equipped with amenities such as phone chargers, Wi-Fi, water, gum, and snacks, ensuring a premium travel experience for users. The primary customer base includes urban dwellers seeking efficient and affordable transportation solutions, particularly in metropolitan areas where conventional taxi services may be limited. Currently, Loup is focused on expanding its presence in major cities across North America, aiming to redefine local transportation by providing a seamless and enjoyable experience for its end users.Loup's revenue model revolves around the reservation of seats within their black car service, which allows customers to secure affordable transportation at a predetermined cost. Users can make bookings through the Loup app, where they pay for their rides in advance, eliminating any surprise fees post-ride. The structure of these transactions is primarily B2C, as individuals directly utilize the platform for their transportation needs. Loup also promotes cost savings, allowing users to save 50% or more by reserving their seats in advance. While specific pricing details for individual services are not disclosed, the emphasis on affordability and reliability is central to Loup's market strategy, supporting its mission to attract a diverse clientele seeking a higher quality of transportation at everyday prices.With the recent Seed funding of USD 1.5 mn secured in December 2014, Loup plans to enhance its transportation offerings and expand into additional major cities across North America. The funding will support the development of new product features and improvements to the user experience, contributing to the company's strategy of redefining urban transportation. Specific new product initiatives are in the design phase, with a focus on launching these enhancements within the next year.

## Funding rounds

- Seed, Dec 2, 2014, $1.5M — Ridge Ventures, Obvious

## Investors

- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Seed
- Obvious (https://capitalatlas.ai/funds/obvious) — Seed